An NFT is a form of crypto asset that uses the blockchain to record the ownership status of digital objects, such as images, videos, and text. While anyone can view the object, only the purchaser of an NFT has official status to own it.
In an online auction titled “Hello, I’m Victor (FEWOCiOUS) and This Is My Life”, Christie’s sold five lots of FEWOCiOUS, real name Victor Langlois.
The five lots, which have drawn more than 20 bidders, represent a year in the life of Seattle-based Langlois as he discovered his gender identity and transitioned from female to male between the ages of 14 and 18.
Langlois is the youngest artist to have sold at Christie’s.
Each bundle consists of a video work that exists only in digital form, sold as an NFT, a set of doodles, drawings and diary entries of the corresponding year in physical and NFT form, as well as ‘a purely physical painting.
“I feel like a lot of times trans voices aren’t heard or are not as respected, so having my platform to say ‘hey, look, this is my life and watch what we’re doing’ – it means the world, ”Langlois said in an interview.
The sale was the latest in a series of moves by traditional auction houses to embrace NFTs, which gained popularity in early 2021.
“I think NFTs are the future,” said Langlois, who also owns cryptocurrencies.
“If you publish your art and share it with the world digitally, I think giving collectors a way to own it as a digital asset is just the next step,” he added.