Unless you live under a rock I am sure you have heard that NFT or (non fungible tokens) are all the rage in the world of collectables these days. The concept behind NFT’s, especially with Projects like THETA, with their Digital Rights Management is really intriguing. I am not going to get into all the technical stuff behind how NFT’s work but something that I personally think is game changing is the fact that if you assign an NFT to your digital asset (Light Painting) you can essentially get paid every time your image sells going forward. When you or someone in the future sells your image the NFT assigned to it, via a smart contract, you will pay you a percentage of the sale forever! Lets say you sell your Light Painting NFT today for $100. a year from now the world catching on to how amazing you are and that same Light Painting now sells for $1,000,000.00! Via the smart contract assigned to your Light Painting NFT you can get whatever % you assigned to it, let’s say 10%. This can happen every time the NFT sells forever, creating passive income! That is good for ALL types of artists!
Anyway enough on that, the point of this article is to share that Lamborghini is launching their very first NFT and IT’S A LIGHT PAINTING, yes the image above! This Light Painting was created by photographer Paulo Renftle The NFT Drop goes live on September 25th! Lord only knows what these things are gonna sell for but if you’ve got some bucks to spend you can check it out here https://www.elysiumbridge.org/live