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Digital Crime: Thieves Steal Artworks And Sell Them As NFTs - Vimarsana News

Digital Crime: Thieves Steal Artworks And Sell Them As NFTs

One artist reported that all of his artworks posted on DevianArt were stolen and some were being sold on a popular platform as NFTs.

Artists complain of getting their paintings stolen online and sold as NFTs - Vimarsana News

Artists complain of getting their paintings stolen online and sold as NFTs

Artists complain of getting their paintings stolen online and sold as NFTs Several artists across the world have reported that their artworks have been stolen and sold on NFTs without their permission. Ankita Chakravarti | March 16, 2021 | Updated 10:30 IST Highlights A few days ago Twitter CEO Jack Dorsey had put up his first-ever tweet on sale as NFT or Non-fungible token. Artists, painters have reported a theft of an unusual kind on the Internet and this has a lot to do with the NFTs. When a person buys the NFT of an artwork, they do not get the ownership rights of the artwork but the t...

Music world taps 'NFT' digital goldrush - Vimarsana News

Music world taps 'NFT' digital goldrush

Music world taps 'NFT' digital goldrush Issued on: 4 min Paris (AFP) "NFT" is quickly becoming the acronym of 2021, offering a new way to sell digital art online, and music stars including Kings of Leon and Grimes have been quick to jump on the bandwagon. For many, it remains a baffling concept, but a NFT ("non-fungible token" -- pronounced "nifty") essentially offers collectors proof that they "own" a digital artwork by logging that ownership on the blockchain, the online database that underpins cryptocurrencies such as Bitcoin. In no time, it has taken the art world by storm. Just last w...