NFT of the Day: “The Ghost tells the Story” #1

Sat 18 Sep 2021 ▪ 20h44 ▪ 4 min de lecture - par Mary Anderson

Today is 18th September, and here’s another part of CoinTribune’s NFT of the Day series with more not-too-trendy but deep and probably underestimated digital artworks that are fortunate enough to have taken the form of non-fungible tokens.

If you’d like to see what NFT was featured in the previous instalment click here. Here we go!

Manuscripts don’t burn

Bulgakov, a Russian writer, paraphrased a Russian proverb which can be approximately translated as: “What is written with a pen, can’t be cut out with an axe.” In his novel “The Master and Margarita” one of the characters says, “Manuscripts don’t burn”. Don’t you think that with the invention of NFTs, this phrase took on a new meaning? Let me explain this.

This phrase symbolises the immortality of true creativity when the author invests all their energy and sometimes even life in their creation. So, in “The Master and Margarita”, Master’s novel, burned in a fireplace, lives on thanks to supernatural forces. 

Let’s return to NFTs. Each NFT is unique, it cannot be shared, and all the information about its author and buyer is securely stored in the blockchain. In other words, an NFT is a digital certificate attached to a unique object, ensuring its safety and uniqueness forever. Not only do manuscripts not burn but also can be passed down from generation to generation in their original form.

Collectors may doubt the reasonableness of such investments. It’s one thing to buy an original and a completely different thing to buy a reproduction of a painting. But still, digital art has its admirers. In today’s issue, we will review an NFT based on a painting by an artist of unparalleled genius and madness. 

“The Ghost tells the Story” #1 based on a painting by Salvador Dali

The NFT is based on the picture “A Ghost tells a murder story”, which Salvador Dali created under the impression of Shakespeare’s play “Hamlet” in 1973.

In the picture, we see how the ghost of the King appears in front of Hamlet and describes his own murder. 

Dali created a complex, detailed work of art with many unique surreal characters. Every time you look at the piece, you discover something new.

It should also be noted that Dali is a very good choice for an NFT since he is considered one of the most collectable artists of all time. His works have a huge potential for value growth. Many of his works are kept in prestigious private and public collections around the world.

It is also interesting that the original of this work was recently sold at auction for €301 (~£257). 

The NFT of today becomes “The Ghost tells the Story” #1 based on the painting by Salvador Dali for the entrepreneurial spirit with which the author of the NFT.

Make sure to let us know your thoughts!

What thoughts does it instil? Maybe you would like to contribute to the next NFT of the Day? 

We are glad to inform you that you have a unique opportunity to share your thoughts about the industry of non-fungible tokens with us!

Drop us a line here, and make sure to attach the links to the artworks you find interesting, as well as a few words as to why exactly you think they’re notable. We will consider all the incoming works, and if your choice resonates with ours, it will get featured in one of the upcoming instalments of NFT of the Day! 

And, of course, be sure to share your works if you’re an artist. We’ll be ever so happy to help you get your art around. 

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Mary Anderson

I am sure that crypto assets are a new type of economy. We are at the origins of the crypto revolution. Right now, it is worth studying what cryptocurrencies and the blockchain are in order to make the most of this knowledge and these skills in the future.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.