The Forever Rose: The World's Most Valuable Crypto-Artwork

Based on Kevin Abosch’s photography of the flower.

The Forever Rose Worlds Most Valuable Crypto Artwork Kevin Abosch
The Forever Rose

In 2016, photographer Kevin Abosch sold a photo of a potato for over $1 million USD, and now he’s sold digital artwork of a rose for the same price. The rose sold on Valentine’s Day to a group of ten collectors who split the cost evenly in cryptocurrency.

The collectors included investment funds, an advisory firm, crypto projects, and a leading China-based crypto investor and the price tag is said to be the highest ever for a piece of crypto-artwork. “The Forever Rose is an ERC20 token called ROSE on the Ethereum blockchain that is based on Abosch’s photograph of a rose,” says Crowdfund Insider. “The buyers each receive 1/10 of the ROSE token. The purchasers can decide to sell their partial rose.”

The photographer and his Forever Rose platform have donated the proceeds to CoderDojo Foundation for free programming classes for children and teens 7-17 years old.

In related news, director Wes Anderson is turning his eye towards art curation.

Read Full Article

What to Read Next

This Installation Turns Your Selfies Into Gravel

This Installation Turns Your Selfies Into Gravel

On show at the National Ethnographic Museum.
By /
Damien Hirst & Officine Panerai Unite for Watches & Wonders Miami Exhibition

Damien Hirst & Officine Panerai Unite for Watches & Wonders Miami Exhibition

“It symbolizes our commitment to enduring progress.”
By /
PSA: Stop Calling Martha Cooper an Art Critic
Features

PSA: Stop Calling Martha Cooper an Art Critic

The legendary photojournalist talks graffiti, annoying antics and her new show.
By /
5Pointz Graffiti Artists Awarded $6.7 Million USD for Demolished Murals

5Pointz Graffiti Artists Awarded $6.7 Million USD for Demolished Murals

The court’s decision is a victory … for artists all around the country.”
By /
Janet Echelman Highlights the Impact of Time for '1.78 Madrid' Thread Sculpture

Janet Echelman Highlights the Impact of Time for '1.78 Madrid' Thread Sculpture

“This is a hopeful trajectory for humanity.”
By /
Stikki Peaches Gives Nike's NYC Headquarters a Collage-Filled Makeover

Stikki Peaches Gives Nike's NYC Headquarters a Collage-Filled Makeover

Featuring a giant graffiti montage of Kate Moss.
By /
Stunning Photos From the 2018 Underwater Photographer of the Year Competition

Stunning Photos From the 2018 Underwater Photographer of the Year Competition

Spanning wildlife, environments, and wrecks.
By /
Best New Art: Kendrick Lamar Accused of Stealing Artwork, 5Pointz Artists Rewarded & More
Features

Best New Art: Kendrick Lamar Accused of Stealing Artwork, 5Pointz Artists Rewarded & More

Including a Jackson Pollock painting to auction for $18.2 million USD.
By /
Barack and Michelle Obama Artworks Unveiled at National Portrait Gallery

Barack and Michelle Obama Artworks Unveiled at National Portrait Gallery

Created by African American artists Kehinde Wiley and Amy Sherald.
By /
Ernest Zacharevic Carves Huge SOS Distress Call for Endangered Orangutans

Ernest Zacharevic Carves Huge SOS Distress Call for Endangered Orangutans

Only 14,600 orangutans thrive in the Sumatra wild.
By /
More ▾
 
We got you covered. Don’t miss out on the latest news by signing up for our newsletters.

Looks like you’re using an ad-blocker

We charge advertisers instead of our readers. Support us by whitelisting our site.

Whitelist Us

Already whitelisted us? Refresh page

How to Whitelist Us

screenshot
  1. Click the AdBlock icon in the browser extension area in the upper right-hand corner.
  2. Under “Pause on this site” click “Always”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlock Plus icon in the browser extension area in the upper right-hand corner.
  2. “Block ads on – This website” switch off the toggle to turn it from blue to gray.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlocker Ultimate icon in the browser extension area in the upper right-hand corner.
  2. Switch off the toggle to turn it from “Enabled on this site” to “Disabled on this site”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the Ghostery icon in the browser extension area in the upper right-hand corner.
  2. Click on the “Ad-Blocking” button at the bottom. It will turn gray and the text above will go from “ON” to “OFF”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the UBlock Origin icon in the browser extension area in the upper right-hand corner.
  2. Click on the large blue power icon at the top.
  3. When it turns gray, click the refresh icon that has appeared next to it or click the button below to continue.
screenshot
  1. Click the icon of the ad-blocker extension installed on your browser.You’ll usually find this icon in the upper right-hand corner of your screen. You may have more than one ad-blocker installed.
  2. Follow the instructions for disabling the ad blocker on the site you’re viewing.You may have to select a menu option or click a button.
  3. Refresh the page or click the button below to continue.