After auctioning high-profile NFTs for millions of dollars,celebrity couldn't resist video sex on the beach Sotheby's is now using an NFT in a novel way: to digitally "secure" a Picasso painting.
NFTs, or non-fungible tokens, are a type of cryptocurrency that reside on a smart contract platform, typically Ethereum. Each NFT is unique and is impossible to replicate — a property that made NFTs popular as digital artworks and collectibles. For example, Sotheby's recently hosted an auction for the source code of the World Wide Web, as authored by its inventor, Tim Berners-Lee. The auction is still open with six days to go, and the highest bid is currently $2.2 million (for more on NFTs, read our explainer here).
This time, however, Sotheby's is auctioning a real, physical painting by Pablo Picasso, titled "Le peintre et son modèle," together with a specially crafted NFT that resides on the Ethereum blockchain.
The NFT was created with a Looking Glass scanner from startup Mira Imaging. It uses a microscope, AI, and robotics to scan "every micron" of the painting's surface to create a "unique encrypted signature," Sotheby's says.
The NFT can then be used to confirm the painting's authenticity (if you have the Looking Glass scanner handy, that is). Sotheby's claims that the object can be scanned in a few minutes, and that the process is no more invasive than taking a photograph. Then, the physical object can be re-identified with a very small chance of error — one in "many" billions, says Sotheby's.
SEE ALSO: Inventor of the World Wide Web is auctioning its original source code as an NFTAs for the painting, it was painted by Picasso in 1964, and is estimated at 1.5 to 2 million GBP ($2.1 to $2.8 million). Sotheby's says it's the first painting to be secured using Mira's technology.
"It is incredibly fitting to pilot this technology with a painting by the greatest pioneer of the 20th century, Pablo Picasso, who continued to embody the spirit of invention and experimentation even in his eighth decade and beyond,"Julian Dawes, Co-Head of Sotheby’s Impressionist & Modern Art in New York, said in a statement.
The auction kicks off on June 29.
Best fitness smartwatch deals: Save up to 50% on Fitbit and Google Pixel Watches
Meet the smart mirror that doubles as a mindfulness coach
Nvidia and Convai are bringing generative AI NPCs to video games
Golden Globes: Watch Lily Gladstone's powerful speech for historic win
Как же она горяча — косплей на A2 из NieR: Automata
Best Kindle deal: Save 20% on the Kindle Scribe in every configuration
CES 2024: You can now cast TikTok to your TV
TCL RayNeo X2 Lite AR glasses hands
Клиент БК BetBoom выиграл ?4 млн благодаря выходу Team Spirit в плей
5 weird products Samsung unveiled at CES 2024: A yellow bot, a transparent TV, and more.
На Чемпионате стран БРИКС на призы Сбера пройдет финальный этап косплей
CES 2024: The Mirokai anime
Spotify's 'Playlist in a Bottle' is back. Here's how to get it.
Today's best Beats deal: Save 24% on Beats Studio Pro+
'True Detective' Season 4, episode 1: Burning questions explored
CES 2024: This wacky Lenovo laptop lets you attach a tablet to the lid
Wordle today: The answer and hints for January 7
Best winter clearance sales: Amazon, Target, Best Buy, and Walmart
Wordle today: The answer and hints for January 15
CES 2024: The Clicks iPhone keyboard case reminds me of my old BlackBerry
What is HBO's 'The Tale' and why is everyone talking about it?New tweak to Japanese law wipes out thousands of Airbnb listingsWatch what Pence does with his water bottle to please Daddy TrumpKanye West's new album cover inspires a new memeBroccoli coffee is a thing, because you're not eating your vegetablesWatch what Pence does with his water bottle to please Daddy TrumpChrissy Teigen casually destroys both Donald and Eric Trump in just 6 wordsThere's a new version of 'Netflix and chill' and it involves Harry PotterThe only good thing to come out of Bitcoin is this catHarvey Weinstein pleads not guilty 80kg python is family's pet, as toddler rides it like a horse Heartbreaking 'New Yorker' cover honors victims of Las Vegas shooting Barack and Michelle Obama choose artists to paint their official portraits Ikea has launched a new furniture collection just for your pets This couple started dating thanks to a tweet and now they're engaged Here's the cost of Vice President Mike Pence's NFL protest trip Bella Hadid goes sneaker shopping spree and it's one hell of a ride In Australia, sometimes you've got to pick a shark out of a pool Woman tests limits of pet Zappos offers to cover the funeral costs of Las Vegas shooting victims
0.2317s , 12501.6640625 kb
Copyright © 2025 Powered by 【celebrity couldn't resist video sex on the beach】Enter to watch online.Sotheby's to auction Picasso painting together with NFT,
