fbpx
QQQ
+ 0.00
324.41
+ 0%
DIA
-0.04
343.69
-0.01%
SPY
-0.04
415.56
-0.01%
TLT
+ 0.00
136.79
+ 0%
GLD
+ 0.02
174.68
+ 0.01%

Why Should Humans Have All The Fun? Sophia The Robot Is Selling Her Art As NFT

March 22, 2021 6:21 am
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More
Why Should Humans Have All The Fun? Sophia The Robot Is Selling Her Art As NFT

For the first time, digital artwork by a robot has been put up on sale as a non-fungible token, Reuters reported Monday. 

What Happened: Sophia,  a humanoid robot by Hong Kong-based Hanson Robotics, is hoping that the art will garner appreciation from humans, according to Reuters.

“I hope the people like my work, and the humans and I can collaborate in new and exciting ways going forward,” said the machine. 

The piece is called “Sophia Instantiation” and comes in the form of a 12-second MP4 file. 

The art was produced in collaboration with the Italian artist Andrea Bonaceto, who is known for his colorful portraits. Bonaceto’s art sometimes features famous people like Tesla Inc (NASDAQ:TSLA) CEO Elon Musk.

Sophia Instantiation shows the evolution of Bonaceto’s portrait into a digital painting made by Sophia. The work will come along with a physical piece painted by Sophia on a printout of her self-portrait, as per Reuters.

Why It Matters: Art by the robot could be “a very, very important historical piece,” according to Pablo Fraile, a Miami-based collector and an early purchaser of Beeple’s work, reported Reuters.

Beeple — whose real name is Mike Winkelmann — said Sunday that NFT art was “absolutely” in a bubble.

Winkelmann sold an NFT artwork for $69 million this month at a Christie’s auction in a sale paid for in Ethereum (CRYPTO: ETH). The cryptocurrency traded 0.95% higher at $1,795.50 at press time. 

The NFT craze has enveloped everything from sneakers to Tacos and artists such as Banksy and Lindsay Lohan have sold their work in tokenized forms.

Photo by Web Summit on Flickr

Posted-In:

Cryptocurrency Markets

Related Articles

Galaxy Digital's Mike Novogratz Believes NFTs Will Stay 'For The Rest Of Our Lives'

Galaxy Digital CEO Mike Novogratz is bullish on NFTs and believes that these tokenized digital assets will be around for the foreseeable future. read more

When Lambo? Crypto Startup Tokenizes A Supercar

Supercar collector Mario Bauer is tokenizing his limited edition Lamborghini Aventador LP720/4 50th anniversary edition. read more

Bitcoin Struggling To Break Past $60,000 Again But Analyst Says Run Up To $75,000 Is In Sight

Bitcoin (BTC) may have seen the brakes hit on its upwards momentum as it struggles to cross again the psychological $60,000 mark, but continued upside may take it to $75,000 levels, according to one analyst.  read more

Scaramucci: Bitcoin Is The Apex Predator, But Ethereum Will Be The Actual Store Of Value

Anthony Scaramucci, known Bitcoin proponent heading global investment firm SkyBridge Capital, believes that the future of the digital asset in investment portfolios is inevitable. read more