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Wednesday, May 8, 2024

Buddhist digital amulets mark Thai entry into crypto art craze

“CryptoAmulets” is the latest venture to chase the NFT craze, with founder Ekkaphong Khemthong sensing opportunity in Thailand’s widespread practice of collecting talismans blessed by revered monks

  • By Thanaporn Promyamyai and Dene-Hern Chen / AFP, BANGKOK

Karmic fortune has arrived to the digital art market, with a kaleidoscopic splash of colors and the face of a revered Thai monk offering portable Buddhist good luck charms to tech-savvy buyers.

Sales of non-fungible tokens (NFTs) — virtual images of anything from popular internet memes to original artwork — have swept the art world in recent months, with some fetching millions of dollars at major auction houses. “CryptoAmulets” is the latest venture to…

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