An NFT from David Bowie’s collection sells for $127,000 and points to a new market.

Despite the sharp drop out there of non-fungible machines in 2022, final Monday, on the third, the NFT made by the younger digital artist FEWOCiOUS within the particular collection of the home of the musician David Bowie established in cooperation with the OpenSea market was bought. 96.5 ETH (about $127,000).

Entitled “Bowie is FEWOCiOUS”, NFT presents a 12-second video by which a 2-meter-long physique picture exhibits one of many singer’s most well-known outfits in essentially the most lovely setting, whose magnificence is paying homage to the work of a younger transgender artist of the yr 19.

“I feel it is nice that he all the time lived the best way he needed. And he created the world he needed to reside in. That’s how I really feel in my work”, concludes FEWOCiOUS summarizing his work at OpenSea.

Launched on September 30, the collection obtained by Bowie’s heirs consists of 15 items created by 9 artists from the NFT house in honor of the legacy of the British singer, who died in January 2016.

In a joint assertion, representatives of the musician and OpenSea mentioned “Bowie on Blockchain”, because the group is named, “will proceed Bowie’s legacy of reshaping music tradition, supporting digital teams and all the time being a fan of new applied sciences. His work.”

Sold at a very low value – 7.5 ETH (about US $ 9,750) -, NFT “It Became A Myth Land” is the creation of the digital artist Defaced. The work consists of a 12-hour clock that revolves round six moments in Bowie’s life and profession. NFT consists of one other bodily object – a digital picture of the Atomic Form by which the operate seems.

Proceeds from the sale of “Bowie on the Blockchain” NFTs will go to the charity CARE, which counts Bowie’s widow, former mannequin Iman, as its worldwide consultant.

Memories saved on the blockchain

The success of the collection devoted to the legacy of David Bowie exhibits a new development that has been gaining momentum within the NFT market lately.

In July, the property of American rapper Biggie Smalls launched a batch of three,000 NFTs in collaboration with the market checked out OneOf music. Titled “Sky’s the Limit”, it is a collection of picture profiles (PFP) created by the artist. Holders of NFTs are additionally granted the appropriate to posthumously license the music to the rapper.

According to the rapper’s web site, the collection was created to reward Biggie Smalls followers with distinctive and distinctive reminiscences that with out blockchain know-how wouldn’t be doable.

Biggie Smalls is not the one artist whose legacy has been immortalized within the OneOf initiative. In December, the market closed a take care of singer Whitney Houston’s property to promote an unpublished tune in NFT for $1 million.

The LTD.Inc platform has launched a picture shoot by late artist Chi Modu. NFTs give homeowners the rights to print bodily and digital variations of photographs by artists comparable to Mary J. Blige, Method Man and Nas.

America’s largest pop music icon of all time had its reminiscences digitally saved by way of nameless tokens and blockchain know-how. In January, Elvis Presley Enterprises bought the singer’s iconic wigs and jumpsuits to NFTs at an occasion held within the Decentraland metaverse known as “Elvis-On-Chain.”

In Brazil, this new tradition didn’t succeed. Despite this, the singer Elza Soares didn’t die in one of many NFTs of the charity collection “Impact Women Charity”, managed by Doare, a Brazilian fintech that works to elevate funds for tasks and organizations, as reported by Cointelegraph Brasil.

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