Page 24 - Max Moore News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Glorious weather helped an improvised beer garden set up at the home ground of a rugby league team enjoy a bumper first weekend. The site at Craven Park in Barrow – the home of Barrow Raiders – was bustling on Saturday as friends and family members relaxed in the April sunshine following the relaxation of coronavirus restrictions. The club organised the beer garden as an extra source of income following a year disrupted by the pandemic which saw their last season curtailed. Among those enjoying a drink with friends was Helen Parrott, who said: “It’s just nice to get together w...

What is a non-fungible token - and why are some digital artworks selling for millions? "I know you can be underwhelmed and you can be overwhelmed, but can you ever just be whelmed?" So Chastity asks Bianca in the excellent 1999 comedy 10 Things I Hate About You, and pretty much sums up my feelings the first time I Googled the words "non-fungible token". Overwhelmed, in this case, because what is non-fungible? And also: can there ever just be fungible? Turns out, yes there can. Cue tech experts (oh, and economics and language experts, and probably anyone under the age of 25) callin...

An online sale of a single pixel, as a part of non-fungible tokens (NFTs) by the digital artist Pak, sold for $US1.36 million at auction house Sotheby's.

The sale also included four limited-edition NFTs which were awarded to the winners of specific tasks, including paying the highest amount for a Pak artwork on the secondary market and posting the hashtag #PakWasHere to the biggest social media audience. An NFT called The Pixel – an image of a single pixel – was also up for auction, fetching $1.36m after a 90-minute bidding battle. The NFTs in the collection are represented by animated images designed by Pak. They are three-dimensional white and grey shapes on a black background, apart from the pixel, which is just a grey square. In each c...

500 cubes from Pak's Fungible collection Courtesy of Sotheby's and Pak Yesterday, Sotheby's achieved $16.8m for the sale of a collection of JPGs that were created within the last fortnight. That this figure seems comparatively paltry says a lot about the current, topsy-turvy state of the art market. Within a week of Christie's $69.3m Beeple NFT sale, Sotheby's announced it had enlisted the digital artist and "omniscient designer/developer/wizard" Pak to collaborate on a collection of works known as The Fungible Collection, details of which were then teased out over the...