25/06/2021 Andy Warhol, Salvador Dali NFTs going up for auction on new marketplace

Binance NFT is entering the digital art space.

Story at a glance

NFTs, or nonfungible tokens, are units of data that appear on blockchains, a list of records and transactions linked together using cryptographic codes.
The technology is used for a range of purposes, including tracking and validating original art.
A new NFT marketplace is launching with works inspired by Andy Warhol and Salvador Dali.

There’s a new marketplace for NFTs, or nonfungible tokens, and they’re entering the growing space of digital art with some of the biggest names in the game: Andy Warhol and Salvador Dali.

"NFT technology has revolutionized the world of art for good, bringing the concept of digital ownership to life for the very first time. As a fitting tribute, we’re kicking off the launch of Binance NFT with a collection that brings together two of the most celebrated artists of all time," the company said in an announcement.

Because digital art can so easily be replicated and reproduced, digital artists have begun using NFTs to mark their original works, a tech-heavy definition that boils down to something similar in concept to a coded digital trademark, and preserve its value. The Binance NFT marketplace is opening up with an auction titled "Genesis" on June 24 featuring two big works as well as a series of "mystery boxes," which could contain anything from extremely rare, limited edition NFTs to more common collectibles and work from their “100 Creators” program featuring local artists, who receive a 1 percent lifetime royalty on their work.

"Warhol’s introduction of mass production techniques to visual art has foreshadowed today’s digital world, where content can be easily copied, downloaded and reshared. Just as Warhol changed the perception of value when it came to reproducible artwork, NFT technology has forever changed the way we assign value to digital art," said Binance about the Pop Art pioneer.

Warhol's "Three Self Portraits" is the inspiration for a community artist’s tribute, which goes up for auction Thursday morning with an exclusive run of 100 NFTs. The second is a digitally recreated version of "Divine Comedy: rebeget," a watercolor illustration by Salvador Dali commissioned by the Italian government in 1965 in honor of the 700th anniversary of poet Dante Alighieri’s birthday.

This year, on the 700th anniversary of Dante's death, Binance is auctioning off a digitally recreated version of the piece as an NFT. And if you zoom in close, you'll find blockchain elements hidden in the work, including the Bitcoin symbol, the Binance logo and the signature of the company's founder and CEO Changpeng Zhao, known as CZ.



Interesting NFTs
Bloody Monkey
Artist notes: straight up side ya head + VERY valuable RED CIRCLE!! WOW.!!
Poem by Funya no Asayasu, court pages in boat trying to keep it steady in the wind as they harvest lotus leaves, from the series One Hundred Poems by One Hundred Poets, Explained by the Nurse
Katsushika Hokusai (1760-1849) Poem by Funya no Asayasu, court pages in boat trying to keep it steady in the wind as they harvest lotus leaves, from the series One Hundred Poems by One Hundred Poets, Explained by the Nurse late 1830s - Japan
The Scion
A young figure caught in a moment of distraction, aware only ephemerally of his unconscious being, as it engages in psychological and psychedelic layer spaces. His right arm casually cradles a moray eel; the figure is comfortable but not truly aware of the potentials for danger in such negligence. His shirt reads “Bello” in Pokemon style font, harkening back to a childhood straddling the millennial threshold. To his right side, out of the unconscious deep, shrouded alien heads propagate as a fractal totem, each new iteration a more sophisticated rendering of emotional masking over the cold mystery of the greys. As the scion of the Budgie-Sattva, the young man, in his distraction, is also simultaneously aware of higher levels of self discovery. To his left a psychological topology sets beneath the oracle side of an 8 ball ,hovering; its message a purest concept of acceptance. The “Scion” lettering is in 80’s HeMan style bold declaration. The lower right side of the painting is like a hybrid of melon, feathers, and seeds. The crystals in the background bring light; conducted, refracted, reflected, and dispersed, to balance the dark shadow of the figure’s physical body. The aura of the scion succeeds in layers to point, with a finger, and the crown chakra, toward a center of a mandala existing as nigh pure application of strokes, in essence painterly abstraction, but also revealing hints of the Aura of migraine, and the bi-hemispherical nature of the brain–noting concerns of the possibility of inherited mental disease. Yet the flourish of chakra as it sets against that center is robust, active, coherent, and reveling against all fear. Fundamentally, the piece speaks to the activation of one’s potential to begin to “Know Thyself”, and find greater awareness out of the enigmas of the mind–as an inculcated seed given to the rich soil of one’s own birthright.
CryptoPunk #5217
The CryptoPunks are 10,000 uniquely generated characters. No two are exactly alike, and each one of them can be officially owned by a single person on the Ethereum blockchain. Originally, they could be claimed for free by anybody with an Ethereum wallet, but all 10,000 were quickly claimed. Now they must be purchased from someone via the marketplace that's also embedded in the blockchain.