Tuesday, March 16, 2021

F440 Investment

Recently there has been a craze over the so called non fungible token or NFT. Essentially this is a form of crypto currency (digital money) that can be tied to a work of art or other original creation. An artist can thus sell a digital object representing their art rather than the art itself. So a buyer doesn't actually get the art, or even the copyright, just the digital representation and right to sell the NFT for profit which generates a commission for the artist. Great sums of money are changing hands, but where there is a winner there are many losers just think about how casinos work. I'm not sure it is something I would want to get into at the moment, but in the future this type of transaction may become more feasible and safer. The whole idea inspired me to think of a series of NFT paintings, I call it the F440 Investment because F stands for Flamingo, and investment makes it sound like a wise choice. The 440? I would produce 440 small Flamingo-themed original watercolour paintings. Here is #1! Time to start the bidding.
 

F440 Investment 6.9 cm x 9.7cm cold press, watercolour, March 2021 (500 x 714 pixels) (No. 2608a)

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