Martin Mobarak tried to build hype around his NFT project by destroying a drawing by Frida Kahlo. At best, he made a poor calculation; at worst, he broke the law. Martin Mobarak tried to build hype ...

A Frida Kahlo drawing that might have been worth over $10 million was set ablaze to mint 10,000 non-fungible tokens or NFTs by a Mexican businessman in Miami this week. There’s a minor catch, though: ...

Miami art collector and crypto businessman Martin Mobarak claims he burned the original “Fantasmones Siniestros,” a drawing made by Frida Kahlo in 1944, during a party to launch his own NFTs of the ...

Add Futurism (opens Google in a new window or tab) More information Adding us as a Preferred Source in Google by using this link indicates that you would like to see more of our content in Google News ...

These days, NFTs are pretty much only good for two, somewhat contradictory things: scamming the pants off of people, and providing a semi-reliable source of fair compensation to artists (oh, and ...

The Seattle Kraken are entering the non-fungible token space, proudly boasting on Monday that "NFT's are coming to The Deep." The expansion NHL club is far from the first sports entity to become ...

Here’s a very contemporary art-world brain puzzle: An entrepreneur burns his Frida Kahlo drawing in a scheme to sell NFTs. What’s worse: If it’s a total scam, or if it’s totally real? This is the ...

It’s tough to profit in the struggling market of blockchain assets right now. Burning a purported drawing from Frida Kahlo’s personal diary didn’t help a businessman’s cause. By Zachary Small First ...