Picasso artwork sold for crypto | Bitcointalksearch.org

bitbollo

legendary

Activity: 3248

Merit: 3485

Nec Recisa Recedit

CEO Of this cryptocoin Roll Eyes

(another "premined/ico TOKEN" Huh

) has directly acquired this work.
https://www.tech-news.websawa.com/a-picture-of-pablo-picasso-for-the-first-time-sold-for-the-cryptocurrency/

Quote

The buyer was a Swiss company, Idoneus, and its representatives have announced the deal this week.

And according this declaration... they are just promoting an unknown coin, (listed in a "not famous" euphemistically speaking) as something of "valuable" that you can exchange for real art work, but this has been clarified hey are shilling using the name of Picasso.

Quote

According to the CEO, IDON several times already was used to buy expensive luxury items even before listing the token on the exchange P2PB2B 1 June.

Assuming this is an original (added in a catalogue) Picasso artwork, If you look the picture (available on line) it seems this is just a litography/serigraphy (maybe Huh

) hand signed but not a unique piece of work. So it's not to much expensive... [IX / XV ] [9 of 15 pieces] . I don't see any news here, but their are trying to accost the name of the Famous artist with the name of ... and unknown token!

PS I am not surprised we ever not have seen this work just because he has produced a lot of litography/serigraphy just for reference:
https://www.pisacanearte.it/index.php/artisti/p/pablo-picasso/serigrafie-litografie-e-acqueforti-di-pablo-picasso.html

20kevin20

legendary

Activity: 1134

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Quote from: cryptoaddictchie on June 10, 2020, 12:10:03 AM

Same perception, I am 99% its not one of Picasso. He should at least taken here so the acting would be looks real. Pablo Picasso Painting

It's supposed to be Picasso. His art is very well known by some of his top & still living fans and the only thing we have about this painting is a name that appears nowhere on the Internet and a picture you can't even find in a high resolution. Hell, it could be even photoshop! I'd give it a better search but it's honestly not even worth my time. I mean, even if it was legit.. all this would prove is that the creator (or whatever his position is) likes spending crypto funds on luxury items "just 'cos he can"

Quote from: cryptoperkele on June 10, 2020, 06:47:53 AM

the whole idea is just laughable.

Might become the new kind of internet flexing if more shitcoin creators follow..

Tomohisa

full member

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Merit: 100

Quote from: coupable on June 09, 2020, 07:21:55 PM

I am fan of Picasso works. Honestly, this is the first time i know about this paint. I didn't also like it that much.
Now the question is why they chose that work to sell it for an unknown crypto without even mentioning the price !? Is this a strategy to promote the paint sale or the crypto used to sell it ? Why not just using bitcoin ?
I am not that pessimistic, but i don't think art fans/collectors will be interested in crypto just to purchase this paint .

Yeah, sound like a publicity stunt to attract attention for IDON Tokens. And the piece doesn't look like Picasso's art at all or any information to verify that artwork was involved in the transaction so I cast this news with doubt.

cryptoperkele

member

Activity: 889

Merit: 60

Quote from: cryptoaddictchie on June 10, 2020, 12:10:03 AM

Quote from: ?? on ??

Money laundering at its finest

Most likely, but I find it more like a shilling using Picasso's name for promoting this token they mentioned.

Quote from: 20kevin20 on June 09, 2020, 11:27:58 PM

To me it looks more like a fake drawing that wasn't even his, which was "bought" to bring people in to this token..

Same perception, I am 99% its not one of Picasso. He should at least taken here so the acting would be looks real. Pablo Picasso Painting

W A R N I N G obvious shill from IDON project.

Even if that would be a real Picasso would be still just a photo of a Picasso picture. And that proves nothing what so ever about this transaction.

There are no real outside sources about this story and the information the site provides is vague at best. The contact addresses on Idoneus website obviously host lots of shell companies and the whole idea is just laughable. I mean imagine people going trough shady exchanges with non-existing liquidity to buy valuable art when there's other options available that are actually safe.

aemma

copper member

Activity: 966

Merit: 14

Although it is very commendable that crypto is being used to purchase a painting but the question that keeps going through my head is, why this particular token? I have not even heard of the token before, its value nor where it is trading to warrant being used. I think there is more to this or could be they are trying to promote it but nevertheless it is good that the prominence of the crypto space is still growing more.

leea-1334

hero member

Activity: 2240

Merit: 953

Temporary forum vacation

Never heard of IDON tokens either. Quite a funny thing that an unknown altcoin goes to buy a Picasso, I do not think it is real though. A picasso painting is worth a lot of money and IDON costs 0 right now, so for sure the guy paid the seller real money and just used it as a PR stunt.

I bet you the owner just agreed to be part of the PR.

Gayong88

member

Activity: 1540

Merit: 22

In my view this is related to the payment method, it is possible for sellers and buyers to make agreements with crypto-based payment patterns using certain types of tokens, in this case they use IDON Tokens.

rz20

legendary

Activity: 1330

Merit: 1001

Quote from: coupable on June 09, 2020, 07:21:55 PM

I am fan of Picasso works. Honestly, this is the first time i know about this paint. I didn't also like it that much.
Now the question is why they chose that work to sell it for an unknown crypto without even mentioning the price !? Is this a strategy to promote the paint sale or the crypto used to sell it ? Why not just using bitcoin ?
I am not that pessimistic, but i don't think art fans/collectors will be interested in crypto just to purchase this paint .

Probably just a way to promote an unknown project, next thing you know they will come up with an announcement post saying that they are planning to run an ICO/IEO for the project.

Bttzed03

legendary

Activity: 2114

Merit: 1147

https://bitcoincleanup.com/

This from the article:

Quote

This milestone is made even more special since IDON Tokens have not yet entered public exchange. The seller has such a strong belief in the vision and value of Idoneus in building the new economy for luxury assets, that the seller found more value in owning IDON vs owning a piece of art by an iconic artist.

Who is going to believe that sh*t?

That "anonymous" seller is certainly not wiser than the UK artist who sold his 19 paintings for 490 bitcoins.

For others looking for another source, Decrypt also covered this story (most likely a sponsored post) https://decrypt.co/31210/a-picasso-artwork-was-just-sold-for-cryptocurrency

DoubleEdgeEX

member

Activity: 112

Merit: 17

It´s good news that they use tokens, but this seems very random, the token and the questionable picture. Anyway, come back when someone buys the Guernica for BTC ;-)

Convery

sr. member

Activity: 966

Merit: 254

I would call this a disaster, some company wants to gain maximum from the painting, so they create own token only for selling the painting to create hype and then they sell on the useless tokens.

jossiel

hero member

Activity: 2842

Merit: 625

It's amazing to see crypto purchases especially with these items but, yeah, like everyone's concern why they have to use a very uncommon coin for this. A marketing ploy or some shady activity is happening that lies on this transaction and it includes the coin.

I'm not fond of arts and masterpieces but if ever I'm the owner of that, I'd actually sell it with real money or very common cryptocurrency if I want to sell it and make some noise in two different communities, arts comm and crypto comm.

cryptoaddictchie

legendary

Activity: 2072

Merit: 1315

I dont believe its Picasso's Art. Has anyone noticed the source of the article? Sounds familiar right?

Quote from: bitmover on June 09, 2020, 10:36:44 PM

Why use an unknown crypto to the transaction if all is legal?

Because that's how shill works especially on altcoins. From there it got busted already.

Its look like they made up stories. One thing about articles are its credibility, I will be somehow convinced If this one from ^{cointelegraph at least}. If they want to sell rumors do it professionally

Quote from: ?? on ??

Money laundering at its finest

Most likely, but I find it more like a shilling using Picasso's name for promoting this token they mentioned.

Quote from: 20kevin20 on June 09, 2020, 11:27:58 PM

To me it looks more like a fake drawing that wasn't even his, which was "bought" to bring people in to this token..

Same perception, I am 99% its not one of Picasso. He should at least taken here so the acting would be looks real. Pablo Picasso Painting

W A R N I N G obvious shill from IDON project.

20kevin20

legendary

Activity: 1134

Merit: 1597

So why are we supposed to believe that it's a legit drawing of Picasso first and foremost? Because I can literally find nothing about it on the internet and I suppose it should've been somewhere out there besides the articles about this IDON thing, considering it's Picasso's art?

To me it looks more like a fake drawing that wasn't even his, which was "bought" to bring people in to this token..

cryptomaniac_xxx

hero member

Activity: 1344

Merit: 540

For the record, this token is being traded on.. wait for it.... p2pb2b, Lol, one of the most scammy trading exchanges recently.

https://p2pb2b.io/ko/trade/IDON_USD

Don't what to disclose the price, didn't use bitcoin but instead trying to promote their own token, very shady indeed!!!

bgaf

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Worldwide Payments Accepted in Seconds!

He is famous but I cant see a good illustration or this art. Have a look on its content Im not sure what this particular piece depicts on it. I never heard that crypto sold for. Im more likely skeptical that this is a marketing strategy to give attraction to the said IDON tokens. Is this now a way to market crypto using known artist?

Quote from: ?? on ??

Money laundering at its finest

80% I assume that this is what happening here. Picasso now a crypto enthusiast. The next Mcafee!

smyslov

sr. member

Activity: 2002

Merit: 269

Quote from: layoutph on June 09, 2020, 09:32:03 PM

I also didnt like the overall look out of the design. Maybe because of the lack of color. People are buying stuff just because it was drawn by Piccaso. I think I can draw the same artwork my self but it will not sell ofcourse. People are buying nonsense stuff for sake of Name.

Well even if he did not drawn it but he attached his name on it, it will still sell, I have searched this IDON token but it's not showing up it seems this is a new token and not yet traded in the market, if they launched their token here in Bitcointalk, they can have something to show to investors and that is Picasso's painting.

bitmover

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Non-custodial BTC Wallet

Quote from: coupable on June 09, 2020, 07:21:55 PM

I am fan of Picasso works. Honestly, this is the first time i know about this paint. I didn't also like it that much.
Now the question is why they chose that work to sell it for an unknown crypto without even mentioning the price !? Is this a strategy to promote the paint sale or the crypto used to sell it ? Why not just using bitcoin ?
I am not that pessimistic, but i don't think art fans/collectors will be interested in crypto just to purchase this paint .

Quote from: ?? on ??

Money laundering at its finest

I completely agree with both statements.

First of all, buying with any shitcoin makes no difference: the seller just exchanged that unknown coin for fiat currency or bitcoin instantly.
And, really looks likes some illegal stuff may going on. Why use an unknown crypto to the transaction if all is legal?

layoutph

sr. member

Activity: 1386

Merit: 255

I also didnt like the overall look out of the design. Maybe because of the lack of color. People are buying stuff just because it was drawn by Piccaso. I think I can draw the same artwork my self but it will not sell ofcourse. People are buying nonsense stuff for sake of Name.

coupable

hero member

Activity: 2338

Merit: 757

I am fan of Picasso works. Honestly, this is the first time i know about this paint. I didn't also like it that much.
Now the question is why they chose that work to sell it for an unknown crypto without even mentioning the price !? Is this a strategy to promote the paint sale or the crypto used to sell it ? Why not just using bitcoin ?
I am not that pessimistic, but i don't think art fans/collectors will be interested in crypto just to purchase this paint .

Topic: Picasso artwork sold for crypto (Read 527 times)