Andy Warhol NFT Sold For $262,000 For ARTII Foundation Within 2 Hours Of Release
WASHINGTON, Nov. 17, 2021 — ARTII announces, in a joint effort with ArtiiKorea, the successful soft launch of Artii.org, with the completed sale of a $262,000 dollar Andy Warhol art NFT, within 2 hours of its release.
The Warhol NFT was issued as 1000 NFTs for .417 BNB ($262.29) each which was sold to numerous ARTII users, bringing the completed sale total to $262k. Andy Warhol, was an American artist, film director, and producer who was a leading figure in the visual art movement known as pop art.
His works explore the relationship between artistic expression, advertising, and celebrity culture that flourished by the 1960s, and span a variety of media, including painting, photography, film, and sculpture. Some of his best-known works include the silkscreen paintings Campbell’s Soup Cans.
ARTII is a highly anticipated rare art NFT platform which focuses strictly on offering rare, authentic art from world renowned artists which include but not limited to Picasso and Andy Warhol.
The ARTII platform is built on the Binance Smart Chain, offering lower fees, faster transactions and minting compared to more expensive alternatives in the market.
When asked about the successful sale of the Warhol NFT and the future of the ARTII platform, ARTII CEO, Jaian Cuttari who previously founded Veltrust, a leading advisory and investment firm in the United States, said,
“With this incredible milestone reached, we have shown that art is for everyone and that with the utilization of NFT technologies, Artii will continue to make equitable access to high end art possible to the world.” Mr. Cuttari continued “Soon Artii will have a variety of arts released on our platform this month”.