Once again the key here is that they’ve successfully navigated the SEC review process, making it a legal securities offering. “Freeport will launch its platform for fine-art investing, starting with 4 iconic Warhols from collectors including the legendary Baby Jane […]
In 1954, Andy Warhol drew Fairies, a simple ink drawing on paper. A group called MSCHF bought it for $25k, made 999 identical copies. ““Possibly Real Copy Of ‘Fairies’ by Andy Warhol” is a series of 1000 identical artworks. They are […]
How interesting! The painting’s ownership has been fractionalized and tokenized, allowing partial interest to be bought via smart contract. The contract was powered by the blockchain platform Maecenas. “Approximately US$1.7 million was raised in the cryptocurrency auction for a 31.5% […]