Lion Girl in the System: The Authenticity of Blockchain in the Art World
Blockchain technology has revolutionized various industries, and the art world is no exception. For centuries, the art industry has been plagued by issues of authenticity and transparency, with a high incidence of forgeries and fraudulent sales. However, blockchain technology provides a solution to these issues, with its decentralized and immutable nature ensuring that transactions are secure, transparent, and authentic. One notable example of blockchain technology being used in the art world is the case of "Lion Girl in the System," a digital art piece by artist Krista Kim. The artwork, which features a neon-colored lioness in a futuristic setting, was sold for $100,000 worth of Ether in 2018, making it one of the highest-priced digital artworks at the time. The sale of "Lion Girl in the System" was facilitated by the blockchain platform, Maecenas, which uses blockchain technology to enable fractional ownership of artworks. The artwork was tokenized, with each to...