A Danish artist known for his provocative art hopes to make millions from the sale of NFTs.
This is the reasoning that led Danish artist Kristian von Hornsleth to make the surprising choice to sell 5555 NFT artworks for millions of dollars.
The artist has given his crypto art universe the name Rebels of Wealth, and a portion of the thousands of pieces represent the severed heads of prominent American business leaders in the technology industry, such as Mark Zuckerberg, the founder of Meta, and Jeff Bezos, the creator of Amazon. Among the other notable figures featured in the artwork are Elon Musk, the founder of Tesla, and Sergey Brin, the founder of Google.
On the “Rebels of Wealth” Discord channel, it is stated that there will be a focus on creating a community where the owners want to keep their Hornsleth NFT over a long period of time rather than simply selling when the price is at its highest. This is in contrast to the common practice of selling when the price is at its lowest.
It is stated that “Therefore, we will take efforts to ensure that there is a stronger focus on the long-term value,” however it does not go into further depth regarding how it would be handled in practice.
If you make an investment in a piece from the collection, which will be available for purchase sometime in the month of March, you might get lucky and be given physical editions of Hornsleth’s works through a practice known as “airdrops.” This is another regular component of the typical marketing strategy used to hype new financial technologies (NFTs).
When using airdrops, receivers are chosen at random from among all of those who have contributed either money or time to the project. Time contributions are frequently put toward recruiting more people, and thus potential consumers, into the endeavor.
The fact that you do not automatically acquire all of the rights to a work that you purchase from ‘Rebels of Wealth’ is yet another intriguing facet of this transaction.
Instead, you just purchase a license that grants you permission to “use, duplicate, and display it globally,” however this is only for your own personal use.