09/09/2022 Queen Elizabeth artwork NFTs flood into OpenSea

Demand for non-fungible tokens connected to the late monarch surge along with prices.

queen elizabeth NFTImage credit: LongLiveTheQueenNFT Twitter page

Non-fungible token (NFT) artworks portraying Queen Elizabeth II flooded the marketplace within minutes of the announcement of her death on Thursday in the U.K., with many people paying tribute to thelongest reigning British monarch.

Popular NFT marketplace OpenSea has listed thousands of NFTs since the announcement, including photographs of Queen Elizabeth to art pieces associated with popular NFT collections.

Solana and Bitcoin NFT trading hits record numbers
Bitcoin Leads 30-Day NFT Sales, Outpacing 24 Blockchain Competitors
Tax consequences of nonfungible tokens (NFTs)

RIP The Queen Official, for instance, has over 8,000 digital artworks and buyers can choose from different variations of pictures of the queen, who died aged 96 after reigning for 70 years as monarch.

elizabeth resized 1Image credit: LongLiveTheQueenNFT Twitter page

AQueenE DAO Collectionhas seen a spike in demand and in prices of its NFTs, with 10 pieces sold in the last 10 hours, nine of which went for more than US$1,000. The previous last sale of the NFTs was 23 days ago at US$99.84.

“Rest in Ethereum, forever,” says QueenE DAO’sTwitter page.

The spike in sales follows afall in the number of unique NFT buyerslast month to less than 500,000 for the first time in a year, according toNFT aggregation site CryptoSlam. Total sales rose to US$730 million from July’s US$650 million, on the back of an increase in Ethereum prices in early August.

From“The London bridgehasfallen,” to “wearing Queen Elizabeth dress and hat in her memory,” people also took to Twitter to pay their respects.

Pradipta Mukherjee is a business reporter and has worked for Bloomberg News and Business Standard in India. An MBA and a post-graduate in Economics, Mukherjee focuses on financial markets and corporates. She is a Mary Morgan Hewitt award recipient for Women in Journalism. She has also won the Jefferson Fellowship; the Thomson Reuters Foundation fellowship on ‘Social Media and Digital Journalism’ at The Chinese University of Hong Kong; and most recently, the Kiplinger Fellowship at Ohio University, USA.

Arts

https://forkast.news/queen-elizabeth-ii-linked-nfts-flood-into-opensea/

Interesting NFTs
CAT#FUTURE IS NOW#
Uh, hi! I'm CAT#FUTURE IS NOW#. In high school, I was voted most likely to work at NASA. I'm convinced that the world is flat. One day I'll prove it. This will be an amewsing friendship.
#81347
By OthersideDeployer
Clock
one thousand four hundred forty one
Hell Riders
A still image NFT. Exclusive to makersplace. February 2020.
Who Is The Creator 2
The idea for this piece was borne out of a tweet of mine that caused a bit of a stir. I’d posted a link to a blog article I’d written a number of months previous titled ‘Who is the Creator’ discussing various types of creative collaborations and why I hire people to work on my animations. It generated a lot of debate around creation and attribution with the community split on whether it’s right or wrong for an artist to hire other professionals to help them realize their art projects. I decided to push the boundaries even further and see how the cryptoart community responded. What if I quite literally had nothing to do with the physical or digital elements of the work other than coming up with the concept and coordinating it? I decided there was one artist in the space who could add huge value to this idea on levels that none other could and so I gathered my courage and contacted the great JosĂ© Delbo to ask him if he’d be interested in a very unique collaboration. I explained to him that to make this piece ‘work’ he couldn't have any say in what I produced and moreover, he wouldn’t even be allowed to see the animation until it was dropped on MakersPlace. To my surprise, Mr Delbo agreed to my proposal. The animation tells the story of the creative process, which includes my roles as writer, director, and producer working with a team and making edits and changes ‘in real time’. The dialogue between myself and my ‘hired guns’ plays out in front of the viewer. The music written for the piece adds to the nostalgia of the comic book superhero theme but other elements such as the snapping and kicking of the pencil and the signing of my signature at the bottom incorporates further layers and challenges the viewer to ask important questions, such as, is the ‘Art’ the final animation (the creation) or is the ‘Art’ the concept/credit for the creation itself?