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Saturday, April 27, 2024

The blockchain disruption

Eddie Paradorn, founder of the NFT and Crypto Art Thailand group, is an investor and NFT collector. Photo © Eddie Paradorn

Last March, Christie’s organised an auction of a collage of 5,000 digital images titled Everydays: The First 5000 Days by digital artist Mike Winkelmann, aka Beeple. The digital art piece sold for US$69 million (2.2 billion baht).

“This year, the world’s top auction houses such as Christie’s, Sotheby’s and Phillips held auctions for NFT [Non-fungible token] crypto art which helped make crypto art more recognisable,” said Watjanasin Charuwattanakitti, owner of Palette Artspace.

Watjanasin first became interested in the NFT crypto art market when the painting Morons by celebrated British street artist Banksy was burnt and was later uploaded as NFT crypto art. The…

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