Nasdaq and S&P 500 see the biggest single-day gain in two weeks
Choice is between democratic openness and parasitical elites having their way
Ramaphosa gave the Special Investigating Unit the green light to investigate allegations against the two boards earlier in August
The party has decided there should not be a cooling-off period as provided for in the Electoral Amendment Bill
Evraz is under sanctions by the UK and EU after Russia’s invasion of Ukraine
The improved sentiment is a result of increased merchandise export and import volumes and more new vehicles sold, Sacci report says
Emergence from EU’s enhanced surveillance framework will allow the country greater freedom in making economic policy
Fiery hooker comes in as coach Jacques Nienaber reshuffles front row for All Blacks showdown
Now more than ever, there are tangible reasons to believe that Africa’s time is now as major firms invest in African brands, from music and art to fashion
London — Christie’s is to auction artwork by 18-year-old trans artist FEWOCiOUS in the form of non-fungible tokens (NFTs) it said on Monday, as the world’s major auction houses ramp up their sales of NFTs.
An NFT is a form of crypto asset, which records ownership of a digital object such as an image, video or text. While anyone can view the item, only the buyer of an NFT has the official status of being the owner.
FEWOCiOUS — real name Victor Langlois — has five lots going on sale with each one representing a year of his life as he discovered his gender identity between the ages of 14 and 18.
They will be sold at Christie’s from June 23-30, in an online auction called “Hello, I’m Victor (FEWOCiOUS) and This Is My Life”, which coincides with Pride month.
Each lot consists of a video artwork which exists in digital form only, sold as an NFT, a set of doodles, drawings and journal entries from the corresponding year in both physical and NFT form, as well as a physical-only painting.
FEWOCiOUS, who first started making art aged 13, said digital art was a refuge and escape from his conservative household where he had to hide his true self.
His NFT sales to date have fetched more than $18m, Christie’s said. He sold his first NFT in 2020 for just $1,000.
NFT sales gave FEWOCiOUS the funds to move out of his childhood home in Las Vegas, he said. He now lives in Seattle.
“I’m putting my heart out there so I’m just happy that someone is seeing it,” he said.
“I hope that other trans kids or adults can see this and be like, wow, that’s another person who did something cool — because I remember being little and seeing trans people succeed and feeling so seen and validated.”
NFTs exploded in popularity at the start of 2021. An NFT fetched $69.3m at a Christie’s auction in March, in what was the first ever sale by a major auction house of an artwork which does not exist in physical form.
Since then, Christie’s and fellow auction house Sotheby’s have run multiple NFT sales. Reuters
Would you like to comment on this article? Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.