{"id":3585,"date":"2021-11-06T12:50:37","date_gmt":"2021-11-06T11:50:37","guid":{"rendered":"http:\/\/costops.com\/index.php\/2021\/11\/06\/i-went-from-having-to-borrow-money-to-making-4m-in-a-day-how-nfts-are-shaking-up-the-art-world\/"},"modified":"2021-11-06T12:50:37","modified_gmt":"2021-11-06T11:50:37","slug":"i-went-from-having-to-borrow-money-to-making-4m-in-a-day-how-nfts-are-shaking-up-the-art-world","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2021\/11\/06\/i-went-from-having-to-borrow-money-to-making-4m-in-a-day-how-nfts-are-shaking-up-the-art-world\/","title":{"rendered":"\u2018I went from having to borrow money to making $4m in a day\u2019: how NFTs are shaking up the art world"},"content":{"rendered":"<p>Digital art is a billion-dollar business, with everyone from Paris Hilton to Damien Hirst trading in \u2018non-fungible tokens\u2019. But are NFTs just a get-rich-quick scheme masquerading as culture?<\/p>\n<p>\u201cIt\u2019s actually a lot simpler than you think.\u201d It\u2019s a Tuesday afternoon, and somewhat to my surprise, I\u2019m on the phone to Paris Hilton, who is graciously explaining the world of NFTs.<\/p>\n<p>Hilton is many things \u2013 a reality star, an heiress, an unlikely lockdown fitness guru who uses designer handbags instead of weights. But until now, she has never been considered a significant player in the art world. When artists have acknowledged her, often they\u2019ve done so to fetishise her image. In 2008, Damien Hirst bought a portrait of her by the artist <a href=\"https:\/\/www.theguardian.com\/artanddesign\/2011\/dec\/05\/jonathan-yeo-under-skin\" title=\"\">Jonathan Yeo<\/a>, in which her body is constructed from collaged images cut from porn magazines.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/artanddesign\/2021\/nov\/06\/how-nfts-non-fungible-tokens-are-shaking-up-the-art-world\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/3c90fbf9666d4e73be1122eb33afed235db41b1f\/0_0_5000_3000\/master\/5000.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=3e6346ee2ab3c5ca2e6883e3af8d8481\" title=\"\u2018I went from having to borrow money to making $4m in a day\u2019: how NFTs are shaking up the art world\" \/>Digital art is a billion-dollar business, with everyone from Paris Hilton to Damien Hirst trading in \u2018non-fungible tokens\u2019. But are NFTs just a get-rich-quick scheme masquerading as culture?<br \/>\n\u201cIt\u2019s actually a lot simpler than you think.\u201d It\u2019s a Tuesday afternoon, and somewhat to my surprise, I\u2019m on the phone to Paris Hilton, who is graciously explaining the world of NFTs.<br \/>\nHilton is many things \u2013 a reality star, an heiress, an unlikely lockdown fitness guru who uses designer handbags instead of weights. But until now, she has never been considered a significant player in the art world. When artists have acknowledged her, often they\u2019ve done so to fetishise her image. In 2008, Damien Hirst bought a portrait of her by the artist Jonathan Yeo, in which her body is constructed from collaged images cut from porn magazines. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Digital art is a billion-dollar business, with everyone from Paris Hilton to Damien Hirst trading in \u2018non-fungible tokens\u2019. But are NFTs just a get-rich-quick scheme masquerading as culture? \u201cIt\u2019s actually a lot simpler than you think.\u201d It\u2019s a Tuesday afternoon, and somewhat to my surprise, I\u2019m on the phone to Paris Hilton, who is graciously &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2021\/11\/06\/i-went-from-having-to-borrow-money-to-making-4m-in-a-day-how-nfts-are-shaking-up-the-art-world\/\"> <span class=\"screen-reader-text\">\u2018I went from having to borrow money to making $4m in a day\u2019: how NFTs are shaking up the art world<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":3586,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/3585"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=3585"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/3585\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/3586"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=3585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=3585"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=3585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}