Some NFTs are testing the connection between the virtual and the physical worlds Published: July 29, 2021 07:15 NYT An image provided by the NFT platform Nifty s shows one of the company s 92,000 NFTs related to the film Space Jam: A New Legacy, which stars LeBron James. Image Credit: NYT
British artist Damien Hirst, best known for putting a shark in a tank of formaldehyde, has gotten on the NFT bandwagon.
NFTs, or nonfungible tokens, rely on blockchain technology to designate an official copy of a piece of digital media that would otherwise be cheap or free. Hirst is selling a collection of 10,000 NFTs, each of which corresponds to a physical dot painting, for $2,000 each. A year from now, the collectors of the series, called The Currency, will have to decide whether to keep the NFT or the painting; whichever one they do not choose will be destroyed.
nft: A physical painting or an NFT, which is a better investment?
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A Painting or an NFT of It: Which Will Be More Valuable?
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Bucephalus Capital Corp.: Bucephalus Enters into Service Agreement with Ninepoint Partners Through Its Ninepoint Digital Asset Division, Establishes Corporate Advisory Committee and Enters into LOI to Acquire 100% Interest in Layer2 Blockchain Inc.
Bucephalus or the
Company ) is pleased to announce that it has entered into a service agreement with Ninepoint Partners (
Ninepoint ) through its Ninepoint Digital Asset Group division. Through this partnership, Ninepoint will provide Bucephalus ongoing marketing and strategic advice, assist with the corporate development of planned investment opportunities and provide introductions to certain parties that may further the business of the corporation.
Ninepoint is among the largest independent asset management firms in Canada, with over $8 billion in assets under management and institutional contracts. Ninepoint manages unique alternative investment solutions that offer investors the benefits of better diversification. It manages in