What is an NFT?

‘A non-fungible token is a unique and non-interchangeable unit of data stored on a digital ledger. NFTs can be used to represent easily-reproducible items such as photos, videos, audio, and other types of digital files as unique items, and use blockchain technology to establish a verified and public proof of ownership.’

2 LIVES

2 Lives is Jersey’s first Art Exhibition that connects Art and Finance, through the introduction of NFTs. This project is destined to shape the future of the Art world, leveraging NFTs as a tool to create new opportunities and communities. 2 Lives was created by Francesco Vincenti & Claudia Runcio who came to live in Jersey in 2020. Their vision is to create a format for future NFT exhibitions that can be replicated around the world in different shades and configurations.

‘What we want to leave in Jersey is a seed and a promise of prosperity, a moving platform on which creators, artists, business professionals and students can grow.’

An NFT Artist: Beeple

Also known as Mike Winklemann, Beeple is now the third most valuable living artist after selling an NFT collage for a record-smashing $69 million. The historical sale brokered through Christie’s in a first of the kind of the famed auctioneer whipped up a frenzy of interest for NFTs and the broader sphere of cryptocurrencies.

The Charleston native had previously set a NFT art world record after selling $582,000 worth of cryptocurrency art in five minutes. Beeple’s 1.7 strong social media following results from him sharing animations and illustrations every single day over the last 13 years. You may even be familiar with some of his creations. The digital artist has developed concert visuals and Flying Lotus videos for renowned rap performers Eminem and Nicki Minaj.