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Picasso heirs launch digital art piece to ride 'crypto' wave

25 Sept 07:12 Key points summarised by AI

Picasso's heirs, Marina and Florian Picasso, are venturing into 21st-century commerce by selling 1,010 digital art pieces (NFTs) of a previously unseen ceramic work by the famed artist.
This move aims to bridge the traditional fine art world with the burgeoning 'crypto' asset market, leveraging the NFT trend to attract a younger audience to Picasso's legacy.
The NFTs are based on a vibrant ceramic piece from October 1958, described as a 'joyful' and expressive face, with sales commencing on platforms like Nifty Gateway and Origin Protocol.
Each NFT purchase will include exclusive music created by Florian Picasso, John Legend, and Nas, with a portion of the proceeds designated for nursing and carbon reduction charities.

Yesterday 12:56 Key points summarised by AI

President Macron condemned widespread rioting and looting during nationwide protests, blaming far-left activists and criminals for the "unrestrained violence" and vowing accountability for those who "sought to bring down the Republic."
Over 2,400 arrests were made as protests against rising living costs and poor school conditions escalated, causing extensive damage to public buildings and businesses in cities like Paris, Limoges (where City Hall burned), Marseille, and Lyon.
The unrest, which organizers hoped would revive the "yellow vest" movement, saw political leaders trade blame, with Macron instructing prefects to protect public buildings and potentially ban future protests to prevent further disorder.