Community Foundation for Southeast Michigan and Ralph C. Wilson, Jr. Foundation award grants to 36 organizations through the Ralph C. Wilson, Jr. Legacy Funds
Temporary mural to be marketed as NFT will come down during demo of building near Michigan Stadium
Today 12:00 PM
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ANN ARBOR, MI Martin Vloet, owner of the Stadium Club venue that hosted a charity tailgate from 2016-18, will demolish the building on Monday - and he’s created a limited-time mural that will come down with it.
The 30-foot east-facing wall of the building now features five “Cryptopunks” - 8-bit-style characters created in 2017 as one of the first publicly-distributed Non-Fungible Tokens.
Non-Fungible Tokens, or NFTs, are collectible assets that allow the trading and sale of encrypted certificates that give the holder ownership of a piece of digital art. The tokens are secured in digital “blockchains” similar to cryptocurrency, which is often used in their purchase and sale. But rather than being interchangeable currency, each token is unique.