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Saturday, April 27, 2024

Tunwa The Elephant To Become Latest (And Largest) Artist Selling NFT Works – S&P Dep Receipts (SPY)

Move over, Banksy, because there is a new star in the art world: Tunwa the Elephant has become the latest (and largest) visual artist whose work will go on sale as non-fungible tokens (NFTs) via the OpenSea platform.

What Happened: The seven-year-old Tunwa lives at the Maetaeng Elephant Park & Clinic in Chiang Mai, Thailand, and he has created a series of landscape paintings that have sold through Maetaeng’s Elephant Art project.

For the NFT release, which opens for bids on Oct. 28 at 9:30 a.m. ET and concludes Nov. 4 at 12 p.m. ET, a Tunwa NFT painting called “Tree of Life” will be for sale. The highest bidder in the NFT will also receive Tunwa’s physical painting on canvas along with photos and video from the time of creation and a QR code certificate of authenticity of the work.

The auction will also include three additional elephant-created art NFT…

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