Auction house Christie’s will be auctioning five digital artworks created by Andy Warhol in the mid-1980s. The art will be sold as non-fungible tokens (NFTs) and all profits will go towards The Andy Warhol Foundation for the Visual Arts.
The art pieces, which were recovered in 2014, originally only existed as digital files. They were created on Warhol’s Commodore Amiga personal computer, and the rediscovery of his work on some floppy disks excited the art market. The recovery of Warhol’s content was managed by artist Cory Arcngel, who organized a project to extract and restore the files with Carnegie Mellon University and Carnegie Museum of Art.
Christie’s will mint the drawings as NFTs in advance of the auction and transfer the content to the winner’s digital wallet once the sale is complete.
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