Valuart Launches Auction of NFT Derived From Banksy’s ‘Spike’
Lugano, Switzerland, 22nd July, 2021,
Valuart, a startup that mints licensed NFTs derived from original artworks, has launched its first drop. The auction for ‘Spike,’ a digital artwork based on the iconic Banksy installation that first surfaced in Palestine, commenced on July 22. 50% of the proceeds raised from the sale will go to charity.
Created by infamous street artist Banksy, ‘Spike’ is now in the possession of Vittorio Grigòlo. The world famous tenor and Valuart co-founder is auctioning a digital interpretation of the Bansky work, reimagined as a CGI artwork. In the NFT version, Spike is seen floating across the universe until it is eventually returned to its rightful place on earth, to emerge as a newly minted non-fungible token.
Vittorio Grigòlo said: “After months of hard work, ...