Art Value innovative marketplace to share NFT Numbers and ART. NFT Numbers get new values and designs on ArtValue.org. NFT drop is for generative auction where your highest bid’s price gets inscribed in NFT token itself.

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The Art Value initiative, a perennial art project, exploring the concept of ‘numbers as art’, has started selling NFTs (non-fungible tokens) via a unique-concept auction, where the highest bid becomes the content of the token. The artwork’s price becomes the subject matter of the piece, making each work one of a kind.

During a typical NFT auction, once the reserved price for a piece is reached, the auction continues until the highest bidder acquires the asset. However, the artists behind the Art Value project have coined up a slightly different approach; before the auction occurs, technically, there is no artwork to bid on, as it is created after the event itself.

Each unique auction begins with empty Art Value tokens—depicting a question mark (“?”)—being offered for sale. As the proposed auction bids change, with each offer outbidding the previous price, so does the content of the artwork. The auction is won by the highest bidder, whose proposed price gets tokenized, meaning, the exact price of the winning bid will be inscribed in the token.

For instance, if the bidder has won the auction with a 1000 euro bid, s/he will acquire the number 1000 depicting NFT token. Each NFT piece can later be modified in a specifically designed virtual reality platform.

Learn more: https://artvalue.org