Andy Tian, co-founder and CEO of Asia Innovations Group, discusses the "Forever Rose," the most valuable piece of virtual artwork in the world. The piece was purchased by 10 investors for $100,000 each using cryptocurrency. Tian explains the rose is a visual symbol of digital currency and its value can be tracked in real time. Money made from the sale of the Forever Rose will go to a charity that helps children learn to code. Tian says this is just the beginning of crypto-artwork. Tian explains "the rose token will live on the blockchain forever."

Share:
More In Business
Regulators Investigating Chevy Volts
Federal regulators are investigating Chevrolet Volt hybrid cars after some drivers reported issues including sudden power loss and failure to restart.
Celebrating the Holidays With Build-A-Bear Workshop
Build-A-Bear Workshop has been one of the most recognizable and beloved toy brands in the world since opening in 1997. Sharon Price John, CEO of Build-A-Bear Workshop, spoke with Cheddar News about its plans for the holiday season this year as well as the company's first animated feature film.
Stocks Flat Ahead of Fed Chair Comments
Stocks were generally flat after the opening bell on Friday ahead of Federal Reserve Chair Jerome Powell's comments in a speech at Spelman College later. Investors are growing optimistic that the central bank is done raising rates and may start cutting next year.
Load More