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Binance's NFT Market opens with works by Andy Warhol and Salvador Dalí

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The exchange of bitcoin (BTC) and cryptocurrencies, Binance, opened its own market of non-fungible tokens (NFT) to the public today, Thursday, June 24, and for that occasion, they went to two of the most famous artists of all time, Andy Warhol and Salvador Dalí.

In that sense, Binance NFT holds its first premium auction , making available to art and NFT lovers, a collection called «Genesis», with recreated works by Dalí and Warhol , reported the platform in a statement.

The first auction is for the work called Three Self-Portraits , by Warhol himself, recreated in “intense colors and with texture”, highlights the company. Each representation is titled with a different name and those are: “Nirvana”, “Vitality” and “Harmony”.

In the case of “Nirvana” and “Vitality” there are 66 pieces up for auction , while for “Harmony” there are 34 , for a total of 100 tokenized artworks, by the artist who led the pop art movement.

The auction winner will also receive the physical art piece , the exchange explains in its publication.

Warhol’s recreations have different colors and textures.

So far, the user Anonymous_ghcn offered the amount of 2,520,000 BUSD, Binance’s stablecoin, for one of the self-portraits.

Dalí’s surrealism in an NFT

NFT technology and the surrealism of Salvador Domingo Felipe Jacinto Dalí i Domènech, better known as Salvador Dalí, come together after 32 years of his death.

Dalí was a Spanish artist, considered one of the maximum representatives of surrealism and now has a recreation of his work, the Divine Comedy, in non-fungible token format, with details that bring it back to 2021.

In this recreated work of Dalí, some novel elements are included and that represent the cryptocurrency trading platform, as well as the world of bitcoin.

In the artistic pieces it is For example, the bitcoin symbol, the Binance logo and the signature of Binance founder and CEO , Changpeng Zhao, which can be distinguished by making a close-up of the work.

This recreation of Dalí’s work includes the signature of Binance CEO Changpeng Zhao.

Dalí’s works are divided into three different representations, the first of which is “Divina comedia: rebeget – Inferno”, which contains 102 pieces, followed by “Divina comedia: rebeget – Purgatory” with 102 pieces and finally «Divine comedy: rebeget – Paradise »with 99 pieces.

People interested in acquiring any of the works of these iconic artists will have until June 29 to participate and will be able to do so on the Binance marketplace, for what they must have a verified account on the platform and possess BNB or BUSD.

Binance does not allow withdrawing or depositing NFTs, yet

The launch of the NFT market by Binance, brings with it a series of measures, including which highlights that the platform does not allow depositing or withdrawing NFT to self-custody wallets , as reported by CriptoNoticias.

However, the company assures that this option will be available soon. The tokens are based on the BEP-721 standard of the Binance Smart Chain.

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Sandra Loyd
Sandra Loyd
Sandra is the Reporter working for World Weekly News. She loves to learn about the latest news from all around the world and share it with our readers.

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