NFT art work by humanoid robotic sells at public sale for almost $700,000

A digital art work by humanoid robotic Sophia was bought at public sale on Thursday for $688,888 within the type of a Non-Fungible Token (NFT).

NFTs, a digital signature saved on blockchain ledgers that enables anybody to confirm the possession and authenticity of things, have grow to be the newest funding craze, with one art work promoting this month for almost $70 million.

Sophia, who was unveiled in 2016, produced her artwork in collaboration with 31-year-old Italian digital artist Andrea Bonaceto, identified for vibrant portraits, a few of which depict well-known individuals, comparable to Tesla’s chief government, Elon Musk.

Additionally learn: Twitter CEO Jack Dorsey sells NFT of first tweet for $2.9 mn

The robotic has mixed components from Bonaceto’s works, artwork historical past and her personal bodily drawings or work on numerous surfaces a number of instances in a course of her creator David Hanson describes as “iterative loops of evolution.”

Titled “Sophia Instantiation,” the digital work is a 12-second MP4 file displaying the evolution of Bonaceto’s portrait into Sophia’s digital portray, and is accompanied by a bodily art work, painted by Sophia on a printout of her self-portrait.

Reporting By Joyce Zhou.

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