Plutux Blog

Blockchain to Revolutionize Art Industry!

Posted by Karen Zhu on Nov 6, 2018 6:22:21 PM

You perhaps have heard about the behavioral artistics news related to Banksy’s self-destruction art “Girl With Balloon” in Sotheby’s London auction. After the paint was hammered for 1 million  pound sterlings, it was shredded automatically by a remote control mechanism inserted by the artist Banksy himself. The price was as three times as that painting was expected to achieve and also a new record for Banksy. Later, Banksy posted the painting’s self-destruction video on his Instagram account quoted Picasso: “The urge to destroy is also a creative urge”. From this piece of news, we are able to take a glimpse into the wild and creative minds of artists.

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Buy a Picasso with a Few Tokens

Posted by Karen Zhu on Oct 3, 2018 2:16:29 PM

Is it possible to participate in high-return-yet-illiquid assets?

 

Are you still investing in bonds or stocks regarding Hang Seng Index has dropped from more than 33,000 to about 27,000 in 10 months? How about buying pieces of a Picasso? Fine Art has been emerging as a new asset class for the well-diversified portfolio as it is uncorrelated to the general markets. A piece of art can generate a consistent ROI over a 5 to 10 years period.

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