This NFT shock could take a life of its own.
Art Basel Miami Beach has been inundated with intense talk and new NFT unveiling – and now an artist is controversially selling her eggs as a non-fungible token.
Armenian artist Narine Arakelian, 42, says his first NFT will be a painting titled “Live” – which will include a built-in contract promising one of his eggs to the buyer.
NFTs, or non-fungible tokens, are a type of digital art form, created and verified as a unique work of art with blockchain authentication and bought and sold using cryptocurrency.
Arakelian says she expects the person who buys the NFT to conceive a child from her egg, adding that she hopes it will be bought by a couple who have had difficulty conceiving.
“I am so happy to bring a child into the world through my artwork,” said Arakelian, who is a mom to a 21-year-old son. “It is a beautiful act of creativity to offer art and life. “
“My works of art are all my children and the fact that this one actually produces a child is wonderful,” she continued. “Art will always have as much meaning for the buyer because he brought him his child! He will always carry this special keepsake.
Arakelian also clarified that “the child will be a child when born, not a work of art.”
Arakelian exhibited a triptych titled “Love, Hope, Live” at Art Miami, one of the satellite fairs around the prestigious Art Basel Miami Beach. She will create the NFT from the “Live” part of the painting.
Arkelian is an Armenian artist of Siberian origin who divides her time between Los Angeles and Moscow. She graduated from the State Surikov Institute in Moscow in 2015 and then completed a one-year internship in the digital arts department of the Los Angeles Academy of Art.
Her art combines visual and performing arts using new digital technologies and focuses on social, cultural and political issues such as gender identity stereotypes and women.
Her previous work includes transforming the iconic 15th-century spiral staircase of Palazzo Contarini del Bovolo in Venice into a striking multicolored lighthouse at the Venice Biennale in 2019. She then staged a performance, in which she walked through the halls exposure and discarded items from her costume until she was left naked.
NFTs have been the hottest topic at Art Basel Miami Beach this week. Pieces to buy included Tina Turner’s Versace dress, “Wolf of Wall Street” Jordan Belfort featuring works based on his life, and former Donald Trump fixer Michael Cohen putting his prison badge up for sale.
And – going where no one has gone before – the authentic signature of “Star Trek” creator Gene Roddenberry was encoded in the DNA of a living bacterial organism and on display at Art Basel.
The coin is dubbed the “first living, eco-friendly NFT” because the art-infused bacteria were “created and stored on organics” and “promise net-zero” potentially “carbon negative environmental categorization,” according to one. Press release.