Auction lots start closing Friday, February 11th at 7:30 PM Central
Another incredible NFT Blue Chip art auction featuring pieces from some truly innovative and iconic contemporary artists such as: Jason Yates, Susie Cortez, Toucan Coco, The Flutist, Numeris, The Goldsmith, Todd Weaver, Astral Eyes, Alvaro Luna, The Traveller We auction ONLY Blue Chip art from artists who are featured in galleries and museums - you won't see any generative series of skulls, monkeys or ducks here. Auction ends Friday, February 11th at 7:30 PM Central Questions? email us: bid@maisonaiken.com **** NFT stands for non-fungible token. Simply put, it is a digital token that exists on the blockchain to record proof of ownership for the person holding it. Each token is completely unique because it has its own unique metadata which can NEVER be replicated or replaced for another. An example to better understand this is: bitcoin is a fungible token, and each bitcoin has the same value. However, imagine you’re trading NFT collectibles such as Crypto Punks. One Crypto Punk NFT will have completely different traits and value to another. A real-life example of this would be: A dollar is a dollar. It is fungible. A plane ticket on the other hand, is non-fungible. Each plane ticket has different information and characteristics and can’t be swapped with another. NFTs can be anything digital. Literally anything can be tokenized, including a photograph which is special to you, one of your tweets, or a two second video of yourself (yes, there are such NFTs). This is a developing market that is already seeing billions of dollars trade hands and many people are purchasing NFT's then they are subsequently resold many times for increasing profits.