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