The NFTs will go up for auction in June, with the artwork depicting a human hand holding a bar of gold. of one physical painting on an oil linen canvas depicting a human hand holding a bar of gold, 50 prints on archival paper depicting the same image and 50 digital versions inscribed as Ordinal NFTs on Bitcoin.
The collection will be sold via a two-part auction starting on June 2 and ending on June 9. For the Ordinals, the highest bidder will receive #1 of the collection, with the next 49 highest bidders receiving #2 to #50 in descending order.
It appears however that Schiff hasn’t done a full turnaround on BTC, and has instead woken up to a use case for blockchain technology; verifiable ownership of assets such as art via NFTs. Commenting on Schiff’s Twitter post, user @LoneStartBitcoin headtopics.com
: “So… it’s valuable to put your ‘gold’ inscriptions on Bitcoin, but bitcoin [BTC] itself is not valuable?.”
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