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Banksy: the startup Valuart puts the NFT version of the Spike work on sale online

The original of the work, which was created in Palestine by the famous street artist Banksy, is currently owned by Vittorio Grigòlo who has chosen to auction, in collaboration with Valuart, an original digital version of the work created in CGI (computer-generated imagery)

Banksy: the startup Valuart puts the NFT version of the Spike work on sale online

Valuart, the startup that creates NFTs (Non Fungible Tokens) derived from original works of art, her announced first auction, to be held online on Thursday 22 July Platform www.valuart.com, and provides for the sale of the NFT derived from the famous work "Spike” by Banksy. 50% of the proceeds will be donated to charity.
 
In the NFT version, the Spike artwork is seen floating through the universe and passing through the Earth's atmosphere and then crashing into the Dead Sea, returning to its rightful place on Earth, where once re-emerged, it will continue to rotate on itself suspended in the void.
 
50% of the proceeds from the Spike NFT auction will be donated to charities in support of the activities of those organizations that work to help the victims of conflict globally.
 
Valuart's goal is to re-imagine and breathe new life into some of the most famous works of art ever created, while enabling collectors to acquire a one-of-a-kind piece.
To this end, the company has engaged prominent artists, institutions and public figures.
 
After certifying the authenticity of a certain artwork on the blockchain, Valuart creates a digital "clone" of it in collaboration with the owner of the physical asset and translates it into unique stories through a content creation activity that represents a point reference for the sector. In doing so, it aims to promote a new standard for the NFT art market.
 
"I am thrilled to be part of this project; to have contributed to the rebirth of such an extraordinary work of art, giving it a voice, has been a fantastic experience. I entered the metaworld for the first time where I am perfectly at ease and where I foresee there will certainly be the perfect space to undertake memorable projects” says Vittorio Grigòlo, one of the first world-renowned tenors to have contributed to a work of art in the form of NFT.

The Nft (acronym for non-fungible token) they are certificates that certify the authenticity, uniqueness and ownership of a digital object (for example, an artwork, picture, video or piece of music). NFTs are recorded in a blockchain and cannot be exchanged or copied. NFTs are not interchangeable as they are representative of something unique, making them particularly suitable for certifying the authenticity of unique digital assets by allowing ownership to be certified.

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