While some of us still struggle to embrace the concept of cryptocurrencies, the others are taking a step forward and merging it with art. Artist Kevin Abosch brought blockchain technology and photography together and created a piece of digital art titled Forever Rose. The artwork was based on Abosch’s photo and sold for $1 million worth of cryptocurrencies, which makes it the world’s most valuable virtual artwork ever sold.
Ask 10 photographers about the market and 9 of them will probably tell you that it’s not what it used to be and talk about how low prices have gone.
The 10th photographer might be Kevin Abosch, a portrait photographer who spends his time between Ireland and Boston, as he hasn’t felt the pressures of an over-saturated market, and he definitely doesn’t compete with I-just-bought-a-DSLR-so-I’m-a-pro photographers.
In fact, charging anywhere from $150,000 for a simple portrait to $500,000 for commercial licensing, Abosch doesn’t really compete with anyone.
Not to mention he sold a photo of a potato for over $1 million.