Skazkin, now 31, creates surreal digital art on an iPad and sells non-fungible tokens (NFT) of the works under the handle Papasweeds – a wordplay on his criminal charges, family story and self-reflection after four years of incarceration. His art NFTs, too, are a form of reflection on his life and the nature of the Russian penal system. Source link … [Read more...] about This Imprisoned Russian Artist Is Selling NFTs to Support His Family and Fellow Inmates
Selling
Chinese banks explore e-yuan for selling investment funds and insurance
Government-backed Chinese banks have reportedly started exploring new use cases for the digital yuan by allowing citizens to use it to buy insurance products and investment funds online.The South China Morning Post reported on Tuesday that leading Chinese banks such as Bank of Communications (Bocom) and China Construction Bank (CCB) are working with fund managers and insurers … [Read more...] about Chinese banks explore e-yuan for selling investment funds and insurance
Speculator turns $1,100 into $3.35 million selling Fidenza #313 NFT
The Fidenza #313 NFT, created by artist Tyler Hobbs, just sold for 1,000 ETH. At today’s price, that equates to $3,350,000.Even more staggering, the seller, who goes by the OpenSea username “PizzAle,” paid 0.58 ETH (around $1,100) for it two months ago, marking an impressive return on investment.The Fidenza collection launched in June this year and comprises 999 different NFT … [Read more...] about Speculator turns $1,100 into $3.35 million selling Fidenza #313 NFT
Minting, distributing and selling NFTs must involve copyright law
Everyone is wild about nonfungible tokens (NFTs). The first half of 2021 alone saw NFTs from Andy Warhol, NFTs of the code for the World Wide Web, the first-ever Tweet and, of course, the famous $69 million NFT sale of Beeple’s “Everydays.” Whether this explosive rise of NFTs is a flash in the pan or the future of art and beyond is a hot topic of conversation. An emerging theme … [Read more...] about Minting, distributing and selling NFTs must involve copyright law
Panic selling is crypto investors’ biggest mistake, new survey reveals
The importance of storage and passwords is best known by crypto enthusiasts who know how easy it is to lose access to their digital assets. A recent survey conducted by Cryptovantage, named “Coin Storage Security: A Closer Look at Crypto Storage and Passwords,” aimed to identify investors’ sentiment towards the safekeeping of their crypto investments. Based on 1,021 United … [Read more...] about Panic selling is crypto investors’ biggest mistake, new survey reveals