Marina Picasso – granddaughter of famous painter and sculptor Pablo Picasso – said she and her son Florian will continue to launch NFT collections featuring the artist’s work. The digital collectibles caused disputes within the family as some members disagreed with the initiative.
Picasso’s NFTs Received Green Light
Earlier this year, Picasso’s great-grandson – Florian – hopped on the NFT bandwagon by releasing a collection featuring some of the painter’s renowned artwork. The 30-year-old initially launched 1,000 non-fungible tokens in collaboration with the musician John Legend. Shortly after, though, certain members of the family opposed the project.
In a recent interview, Marina Picasso – the legendary painter’s granddaughter – revealed that she and her son will continue to produce such assets. She also hailed NFTs as a “modern technology that allows us to connect with art.”
“It really appealed to me. And it’s in this way that I decided with my son to create our fist NFT collection.”
Picasso’s granddaughter claimed that there was indeed miscommunication in the family regarding the project. However, after discussing the matter, the collection was supported by the painter’s son Claudio:
“I have the support of my uncle, Claudio Picasso… he’s dedicated his life to protecting the legacy of my grandfather, his father.”
The collection of non-fungible tokens is called “Man and the Beat”. It consists of five limited edition sets of 200 NFTs each. They embody Picasso’s 20th century art through both traditional and digital forms. The price for a single collectible is $5,812.
Justin Sun Bought a Picasso Painting for $20 Million
In April last year, TRON’s Founder and the CEO of BitTorrent – Justin Sun – purchased Picasso’s “Femme nue couchée au collier” for $20 million. The auction house Christie’s said this is the highest-priced artwork of the 20th century at evening auctions.
Shortly after, he posted it on the JUST NFT fund. In doing so, Sun wanted to increase the number of users actively engaged in the universe of non-fungible tokens.
“I firmly believe that in the next ten years, 50% of the world’s top 100 artists and artworks will be NFTized. The JUST NFT Fund will embrace and strengthen this trend,” he commented.
On top of that, the Chinese bought Andy Warhol’s “Three Self-Portraits” for $2 million and added it to the fund.
