Art imitates life, as the saying goes.
For Andy Tian, Co-founder and Group CEO of Asia Innovations Group, that means leveraging the shift towards blockchain technology to produce a piece of virtual artwork: “The Forever Rose.”
“Just because you can’t really see it, doesn’t mean it’s no less valuable,” says Tian, whose company operates the GIFTO virtual gifting platform.
“The Forever Rose,” created by renowned artist Kevin Abosch, sold for $1 million worth of ethereum on Valentine’s Day, making it the most expensive piece of crypto-art so far. The token was split between 10 collectors who can resell their portion of the artwork.
Tian says any art, physical or virtual, derives its value from both the artist and “the significance of the artwork.” The medium it’s produced in doesn’t matter.
In fact, blockchain’s safe, decentralized nature makes it an ideal platform for the art world, he says. The market can’t be tainted with fake works, the art can’t be damaged or hacked, and it throws open the typically exclusive collector’s club to anyone who wants to buy or sell.
For the full interview, [click here](https://cheddar.com/videos/cryptocurrency-is-changing-how-we-view-art).
Gregory Breitbart, CEO of Body20, joined Cheddar News to discuss the new technology the company is bringing to the exercise space.
Google said a liability case before the Supreme Court could potentially "upend the internet" and lead to massive censorship online.
Cheddar News dove deep into the world of viewing content and looks into the future of the next generation of projectors and aromatic ways to watch your shows.
A judge in Elon Musk's Tesla jury trial is hearing the CEO's request to move it to Texas from California.
Tesla is cutting the price tag on some of its electric vehicles in the U.S.
Dan Diasio, EY Global and Americas Artificial Intelligence Leader, joins Cheddar News at CES in Las Vegas to discuss how companies are using artificial intelligence to accelerate product innovation.
The 2023 Consumers Electronics show in Las Vegas didn't just feature smart devices to make our lives easier, there were also some gadgets aimed at eliminating waste and improving climate conditions.
Russia is planning a rescue mission to bring home three crewmembers in orbit.
Cheddar News got a peek at food technology that allows consumers to eat sustainably while also making recycling easier.
