Kevin Abosch, the photographer who purportedly sold a photo of a potato for over $1,000,000, has now become the photographer behind the world’s most expensive crypto-artwork by selling a photo of a rose on the blockchain for $1,000,000.
CNN reports that the photo, titled Forever Rose, was purchased yesterday on Valentines Day by a group of 10 collectors that included investment funds, an advisory firm, crypto projects, and a leading China-based crypto investor. There were over 150 interested buyers, and the 10 collectors who ended up purchasing the photo split the price evenly 10 ways. The $1 million is believed to be the highest price ever paid for a cryptocurrency artwork.
“The Forever Rose is an ERC20 token called ROSE on the Ethereum blockchain that is based on Abosch’s photograph of a rose,” Crowdfund Insider reports. “The buyers each receives 1/10 of the ROSE token. The purchasers can decide to sell their partial rose.”
Abosch created Forever Rose in collaboration with GIFTO, a decentralized gifting platform that stores its record of collectibles on the Ethereum blockchain.
The photographer and platform have donated the proceeds from the sale ($1 million worth of Ether) to CoderDojo Foundation, which provides free programming programs for kids aged 7 to 17 years old.
from PetaPixel https://petapixel.com/2018/02/15/crypto-art-rose-photo-sold-1000000/
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