Listened to a podcast this morning and they were talking about the crazy surge in the buying & selling of digital assets & NFTs.
Then I just got this in an email newsletter from Fred Wilson.
“My friend Seth is an entrepreneur and an artist. I have two of his paintings hanging in my office in NYC. His latest work is taking photographs of the sunset every day at Venice Beach and then training an AI model to turn it into a 30 second video. The work is published in a MP4 video. Therein lies the challenge. Anyone can copy an MP4 video so how does he make this work unique?
He turns it into a “non fungible token” or NFT.”
That piece of digital art from Seth is really cool.
You can see the artist in the work.
Making NFTs instrumental in the buying & selling of digital art.
This is going to be really big.
Your pieces of digital art can be on display anywhere.
Digital frames in the home.
Billboards on the street.
On the walls of luxury stores.
In the rooms of luxury hotels.
On your Phone.
In your watch.
Anywhere & everywhere.
And art is just one collectable.
How long until you buy a T-shirt.
Or a pendant.
Or baseball cap.
That displays & plays.
Your digital art collectables.