After auctioning high-profile NFTs for millions of dollars,Watch Married Woman Who Can’t Say No Online Sotheby's is now using an NFT in a novel way: to digitally "secure" a Picasso painting.
NFTs, or non-fungible tokens, are a type of cryptocurrency that reside on a smart contract platform, typically Ethereum. Each NFT is unique and is impossible to replicate — a property that made NFTs popular as digital artworks and collectibles. For example, Sotheby's recently hosted an auction for the source code of the World Wide Web, as authored by its inventor, Tim Berners-Lee. The auction is still open with six days to go, and the highest bid is currently $2.2 million (for more on NFTs, read our explainer here).
This time, however, Sotheby's is auctioning a real, physical painting by Pablo Picasso, titled "Le peintre et son modèle," together with a specially crafted NFT that resides on the Ethereum blockchain.
The NFT was created with a Looking Glass scanner from startup Mira Imaging. It uses a microscope, AI, and robotics to scan "every micron" of the painting's surface to create a "unique encrypted signature," Sotheby's says.
The NFT can then be used to confirm the painting's authenticity (if you have the Looking Glass scanner handy, that is). Sotheby's claims that the object can be scanned in a few minutes, and that the process is no more invasive than taking a photograph. Then, the physical object can be re-identified with a very small chance of error — one in "many" billions, says Sotheby's.
SEE ALSO: Inventor of the World Wide Web is auctioning its original source code as an NFTAs for the painting, it was painted by Picasso in 1964, and is estimated at 1.5 to 2 million GBP ($2.1 to $2.8 million). Sotheby's says it's the first painting to be secured using Mira's technology.
"It is incredibly fitting to pilot this technology with a painting by the greatest pioneer of the 20th century, Pablo Picasso, who continued to embody the spirit of invention and experimentation even in his eighth decade and beyond,"Julian Dawes, Co-Head of Sotheby’s Impressionist & Modern Art in New York, said in a statement.
The auction kicks off on June 29.
Sunday's Fat Bear Week match pits two fat favorites against each other
This stunning photo exhibition showcases the beauty of Sikhs and turbans
Japan landed two rovers on an asteroid's surface after four years
Shop on Amazon through the camera on the Snapchat app
The Dark Web: What is It and How To Access It
Billboard offers to give Americans exactly what they need
I communicated like Cher for the day and people were confused
Billboard offers to give Americans exactly what they need
Amazon Big Spring Sale 2025: Best deals under $50
Silicon Valley’s hottest job is styling helpless tech execs
Study trains Port Jackson sharks to respond to jazz music
Lyft challenges more cities to ditch the car
This stunning photo exhibition showcases the beauty of Sikhs and turbans
Reese Witherspoon's book 'Whiskey in a Teacup' is a delight
Outdoor speaker deal: Save $20 on the Soundcore Boom 2
Why masturbation needs to be taught in sex ed
Aussies are baffled over something called 'Australian battered potatoes'
Justin Bieber's pup wears doggles while cruising in a boat
NYT Strands hints, answers for May 18
UK newsapper industry wants Google and Facebook to pay journalism tax
The most streamed TV shows of the week has 3 big new entriesThe website for Vermont's 14Elon Musk suggests Twitter changes, not long after joining the site's board of directors'Downton Abbey's most dramatic episodes, ranked'Wordle' 296 today: Here's the answer, hints for April 11Towering, twisted skyscraper proposed to be Australia's tallest building'Wordle' alternatives for movie fans: 'Framed' and 'Actorle'Towering, twisted skyscraper proposed to be Australia's tallest buildingTowering, twisted skyscraper proposed to be Australia's tallest buildingA black bear strolled into a liquor store in ConnecticutThe internet can't handle Nick Jonas and Priyanka Chopra's engagementApple launches iMovie 3.0 for iPhone and iPadTowering, twisted skyscraper proposed to be Australia's tallest buildingTrump lashes out after newspapers come together to defend the pressWarning: The behindHow to make a playlist on YouTubeFCC shuts down pirate radio station that aired Alex Jones' showStephen King has strong words following Trump's tweet about OmarosaA bird pooped on someone's laptop then died in front of themElon Musk's worst tweets, ranked Google's Pixel 6 to ship without a charger First look at Elizabeth Debicki as Princess Diana in 'The Crown' Season 5 It's Fiona the hippo's first birthday, she's eating cake, and I'm crying 11 best apps every college student needs to download Apple postpones return to office until 2022 CES announces 2022 vaccine mandate WhatsApp might make disappearing messages option a lot more useful 2023 Cadillac Lyriq: Get a first look at the new luxury electric SUV Chrissy Teigen, queen of Twitter, has got women embracing their grey hair Google Pixel 5a launch date and specs revealed in new leak Wikipedia pages briefly vandalized with swastikas How to help Afghan refugees trying to escape Taliban rule That really oily guy from the Olympics is going to compete in the Winter Games Facebook, Google, Uber lobbying arm is hiring a director of diversity The 18 best tweets of the week, including Frankenstein, Mr. Bean, and Alan Alda Laverne Cox makes history as the first trans woman on the cover of Cosmo Mike Richards steps down a week after being named 'Jeopardy!' host OnlyFans to ban sexually explicit content as if that isn't the whole point of OnlyFans Are you a passive OnlyFans launches a new app with no nudity and no paywall
0.3637s , 10112.4765625 kb
Copyright © 2025 Powered by 【Watch Married Woman Who Can’t Say No Online】,Wisdom Convergence Information Network