In short
- Famous crypto fan Lindsay Lohan is promoting a Daft Punk-themed NFT for over $15,000.
- Somebody put the NFTs on Rarible yesterday…
- …which is bizarre, as a result of Daft Punk broke up this morning
Newly minted crypto fan Lindsay Lohan is promoting a Daft Punk NFT for over $15,000. And whereas crypto collectibles are designed to be provably genuine, we will not but decide if this one is the true deal.
NFTs are non-fungible tokens, one-of-one digital objects on the Ethereum blockchain, which have change into a preferred medium for visible artwork over the previous yr. Paying for an NFT is basically paying for publicly-recorded proof of possession.
Many NFTs are simply photographs on-line—issues that somebody may simply screenshot and save to a telephone. However demonstrable possession has proved extraordinarily profitable; in December, the digital artist Beeple sold a group of digital photographs for $3.5 million.
Lohan’s piece—a stylized picture of the music duo of their robotic fits—comes courtesy of a person referred to as “Daft Punk,” who is nearly actually not affiliated with the precise duo of Thomas Bangalter and Man-Manuel de Homem-Christo (however we’ve requested Rarible for affirmation).
In response to information on the NFT market Rarible, this “Daft Punk” person “minted” editions of some Daft Punk NFTs on Sunday (there are solely two distinct photographs, however every has been “minted” into a lot of editions, just like bodily prints), then transferred them into the wallets of massive title collectors, similar to Mark Cuban, Tyga, Soulja Boy, and Beeple.
To be clear, Cuban and co. didn’t pay for these photographs—the “Daft Punk” account gave them away, presumably in an try to spice up his cred and juice gross sales. And a lot of the accounts haven’t executed something with their newly gifted NFTs, as a result of why would they?
Lohan is the exception: she’s reselling her Daft Punk NFT on the secondary market for 8.8 Ethereum (ETH), or over $15,000, as a result of why would not she?
Additionally bizarre: Daft Punk broke up on Monday morning, which means that this NFT creator both obtained very fortunate with their timing or one way or the other knew concerning the breakup prematurely.
There’s additionally the faint however disturbing chance that Lohan herself knew concerning the band’s breakup. Stranger issues have occurred: keep in mind when the Rock knew about the death of Osama Bin Laden earlier than it was introduced?
In any case, nobody’s biting thus far—the best bid on Lohan’s NFT is at present $88.
