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    Crypto-artwork of a rose sells for $1 million

    Abosch is most well known or selling a photo of a potato — called “Potato #345” — for more than $1 million in 2016. He is also recognized for his celebrity portrait photography.
    “When the potato [photograph] sold for a lot of money, there was discussion. Is it really worth so much?” he said. “People now might say why is cryptocurrency worth anything? People do that with art in general.”
    The artist recently launched another crypto-art project called IAMA Coin, which combines both physical and virtual art. He has created 100 physical artworks and 10 million virtual artworks. The physical works are stamped using the artist’s own blood.
    More than 150 potential buyers from around the world showed interest in the Forever Rose. The 10 collectors who bought the artwork include leaders and investors in the crypto world, such as ORCA Fund, Future Money and Ink and TLDR Capital.
    The proceeds from the sale will be donated to the CoderDojo Foundation, an organization that offers free computer programming clubs for young people.
    money.cnn.com

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