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<h1 style="clear:both" id="content-section-0">Some Known Details About Pak's NFT Art Works Achieve $10 Million in 15 Minutes at<br><img width="302" src="https://i3.wp.com/inc42.com/wp-content/uploads/2021/09/NFT-social-1.jpg?resize=696&w=696"><br></h1>
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<p class="p__0">The only thing we 'd wanted to do was ensure that artists could make some money and have control over their work. Back in May 2014, I was combined up with the artist Kevin Mc, Coy at 7 on Seven, an annual event in New york city City created to stimulate originalities by linking technologists and artists.</p>
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<p class="p__1">At the time, I was working as an expert to auction homes and media companiesa function that had me obsessively considering the provenance, ownership, circulation, and control of art work. 7 on 7 was imitated tech-industry hackathons, in which people keep up all night to produce a working model that they then reveal to an audience.</p>
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<p class="p__2">As it turned out, a few of the Mc, Coys' works were amongst those being widely "reblogged" by Tumblr users. And Kevin had been thinking a lot about the capacity of the then-nascent blockchainessentially an enduring journal of digital transactionsto deal artists a way to support and secure their developments. By Research It Here of the night, Mc, Coy and I had hacked together a first variation of a blockchain-backed ways of asserting ownership over an initial digital work.</p>
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<h1 style="clear:both" id="content-section-1">The Only Guide for So you want to be a crypto artist? - NFT Culture<br></h1>
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<p class="p__3">Our first live presentation was at the New Museum of Contemporary Art in New York City, where the simple expression monetized graphics prompted understanding laughter from an audience wary of corporate-sounding intrusions into the innovative arts. Mc, Coy utilized a blockchain called Namecoin to register a video clip that his better half had formerly made, and I bought it with the 4 bucks in my wallet.</p>
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<div itemscope itemtype="http://schema.org/ImageObject">
<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://cloudfront-us-east-2.images.arcpublishing.com/reuters/XN6WQ4P72ROA5BZ7N524S7HF6Q.jpg" alt="Millennial artist made over $130,000 selling NFTs in about 5 months"><span style="display:none" itemprop="caption">NFT artist Beeple unveils new real-life sculpture to be auctioned by Christie's in November - CNN Style</span>
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<p class="p__4">Our first demonstration may just have been ahead of its time. The system of verifiably unique digital art work that we demonstrated that day in 2014 is now making headings in the type of non-fungible tokens, or NFTs, and it's the basis of a billion-dollar market. Head-spinning rates are now being paid for artworks that, just a couple of months back, would have been mere curiosities.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2021/03/09/fe0b81b9-985d-4382-9782-d62e4f934381_8bfd85cd.jpg" alt="TALKING WITH DICKY AGUSTIADY ON BEING AN NFT ARTIST IN INDONESIA"><span style="display:none" itemprop="caption">TALKING WITH DICKY AGUSTIADY ON BEING AN NFT ARTIST IN INDONESIA</span>
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<p class="p__5">Mc, Coy has actually simply put up for sale the very first NFT we produced while constructing our system. Catching an animation called Quantum, it could go for $7 million or more, Axios reports. I have no monetary stake in that sale. The only NFT I own is the one I purchased for $4, and I have no plans to offer it.</p>
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Read More: https://telegra.ph/What-Does-McDonalds-cooks-up-first-NFT-play-by-flipping-rare-McRib-into-Mean-10-31
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