You couldn’t have missed the headlines. On 11 March, an artwork by digital artist Beeple (aka Michael Joseph Winkelmann), titled Everyday: The First 5000 Days, went under the hammer at Christie’s for a whopping US$69.3 million (nearly S$93 million). The sale saw Christie’s become the first major auction house to offer a digital work with a unique NFT (or non-fungible token) and to do so through the cryptocurrency Ether. A little over a week later, the headlines hit closer to home when it was revealed that the buyer of the artwork was Singapore-based crypto-entrepreneur Vignesh Sundaresan, aka Metakovan—putting this island at the front of a new tech craze that’s sweeping across the digital world.
And it’s not just cultural bastions such as Christie’s or even Italy’s Uffizi Gallery (it sold a Michelangelo NFT for US$170,000 in May) that are making the NFT headlines either. With Grimes having reportedly sold more than US$5.8 million worth of tokenized artworks in her first NFT drop (the sale lasted just 20 minutes) and model-cum-actress Cara Delevingne looking to cash in with an NFT video of her talking about her vagina (it’s for a good cause), NFT, complete with all its meta-sounding technobabble, has officially hit the mainstream. So if you’re looking to understand what an NFT is exactly and what it means when something is non-fungible, then let’s recap the googleable.
この記事は Harper's BAZAAR Singapore の June 2021 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Harper's BAZAAR Singapore の June 2021 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Lights, Camera, Fashion
How does social media alter the way we consume fashion cues from our favourite TV shows and movies?
Beyond Beaches
Escape Down Under for everything your heart desires a romantic intimate wedding, or a cruise along Sydney's picturesque harbour. The world is your oyster and the best thing is you can eat it too.
Out Of This World
Celestial bodies animate autumn's most elegant spritzes.
Do You Fashion, Bro?
As the number of male fashion influencers swells, we look at what's driving this trend.
DOWN TO EARTH
In the spacious apartment of Geraldine Toh and Vincent Lim, art, design elements and an earthy sensibility commingle in perfect harmony.
CRUISING ALTITUDE
With his idiosyncratic Thai movies, dashing movie star good looks and frequent Paris red carpet appearances, Apo Nattawin Wattanagitiphat is bringing the best of Thailand to the rest of the world.
PUT A RING ON IT
Complete your love story with a beautiful engagement ring and exquisite bridal jewellery from storied London jeweller, GRAFF.
PERFECTING TIME
With its unique Atelier d'Antoine programme and an assembly of artisans, Jaeger-LeCoultre shows how it takes watchcraft into the next level.
SOMEWHERE OVER THE RAINBOW
'The Shape of Colours', Hermès haute bijouterie collection, is a true technicolour dream.
HAUTE BIJOUX
The latest and most talked-about collections.