Buy a Banksy for $1,500?: Fractional NFT ownership of Banksy art, valued at $12.9M, split into 10,000 NFTs

nftjedi

4 years ago

10,000 pieces of a Banksy painting? Art market maverick Loic Gouzer and cryptocurrency experts are selling units of the $13m painting as NFT's for $1,500 each to reach a broader collector base https://t.co/sn4HXVeu6X
— Robin Pogrebin (@rpogrebin) December 1, 2021

NYT’s Robin Pogrebin has a fascinating article about former Christie’s executive Loic Gouzer’s new company Particle Collection. It’s selling ownership of a $12.9 million Banksy artwork “Love Is in the Air” in 10,000 fractional shares each priced at the bargain price of $1,500.
Of course, fractional ownership of real estate (aka time share) has been around forever.
Earlier this year, Emily Yang aks pplpleaser sold fractional NFTs of The Doge NFT she purchased — how meta is that?
Particle Collection is doing something similar, only with fractional interests in the physical artwork by Banksy.
The sale starts Jan. 10, 2022. Will post a link once it becomes available.

Meet some of the dream team from @Collectparticle and @avalancheavax. From left to right: @haroldeytan, @GouzerLoic, @PhilipEytan and @John1wu. Oh and that’s a #BANKSY right in the middle 🚀 pic.twitter.com/lxcXNekTLA
— Particle Collection (@Collectparticle) December 3, 2021

The iconic #Banksy masterpiece 'Love is in the Air' has been confirmed to be @Collectparticle's first fractionalized #NFT drop, coming Jan 2022 on Avalanche ✨https://t.co/cgL5HwWQOx pic.twitter.com/4c5WJQ2uLs
— Avalanche 🔺 (@avalancheavax) December 1, 2021

Share this: