A “work of art” by the famous star of That 70’s show Ashton Kutcher has been digitized and is being auctioned on Cryptograph, the new market for digital art and non-fungible tokens (NFT).
The auction will collect donations for the non-profit environmental organizations Global Wildlife Conservation and Oxygen SevenBids will start on August 25th at 10:00 am and will remain open for three days.
After digitizing the drawing, Kutcher set the original on fireand Cryptograph described the burning of the hastily scribbled piece as “transforming the temporary physical world into the immortal digital world”.
Some may argue that the blockchain’s immortality is an honor that doesn’t match Kutcher’s basic pencil-and-paper sketch, which appears to have roughly a dozen pairs of eyes in addition to his signature and a small star. However, The cryptographer establishes the subjective nature of art and states that “art is in the eye of the beholder”..
Ashton Kutcher shows off his now cremated artwork
Burning art for charity
Cryptographer claims that the burning of Kutcher’s drawing shows this Advantages of digital works of art over physical ones. Unlike the original drawing, the blockchain version of Kutchers is Doodle it is not prone to “forgery and destruction” and “will exist forever”.
Published in July, Cryptographer tries to position himself as that Top market for unique digital collectibles from renowned artists and public figures.
The platform claims that NFTs sold on their platform “continuously support charity” with smart contracts who ensure that a portion of the proceeds from future secondary market transactions will be donated to charitable organizations as well as the artists who created the works sold on Cryptograph.
NFTs are gaining momentum
Cryptographers come at a time when the popularity of NFT markets has increasedA recent auction with Nifty Gateway, supported by Winklevoss, sold a unique piece of art for more than $ 55,000.
In June, well-known crypto investor Tim Draper gave a keynote address at an auction organized by Art Co, in which he gave the disruptive benefits that distributed ledger technology offers the art industry.
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