Added: Deepa Yeh - Date: 25.12.2021 12:25 - Views: 19709 - Clicks: 4840
The recording is 24 minutes long and has been acquired by Rulton Fyder, an anonymous artist who plays with artworks on the blockchain. So, wait, how does this work again? Conventionally, a bitcoin can be traded for another bitcoin, which makes the bitcoin fungible.
An NFT is part of the Ethereum blockchain, and its format can be practically anything, including, yep, a sex tape. NFTs are being sold as songs, artmemes, GIFsand in some cases, people are even offering to sell their deeply personal biometric data as NFTs with the hopes that the value of such artwork grows over time.
The world of crypto-art is obsessed with the concept, and some artists are already making thousands of dollars off this rapidly growing economy.
Banks and Ripps' sex tape is perfectly purchasable on the blockchain as it is an audio recording. Initially, as Vice points out, Ripps listed the audio recording at It was picked up and bought by Fyder just nine hours after Ripps minted it. Now that Fyder owns the sex tape, the artist has full distribution and display rights plus access to the ed vinyl record of the "production.
Full ownership, including limitless distribution and display rights are included in this sale," the recording's description re on the NFT marketplace Foundation.
This isn't the first time that Ripps has sold crypto-art on the blockchain; last week, the conceptual artist sold off the famous "Deal With It" shades for Clearly, Ripps likes making dough off crypto-art. With hopefully less insensitivity this time.
How much Azealia Banks' sex tape sold for on the blockchain. Mehreen Kasana.
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Azealia Banks Sold an Audio Sex Tape NFT for $18,