Ink master Qi Baishi's first NFT piece to be auctioned

Share This Post

One of Chinese ink painting master Qi Baishi's artwork has been digitalized and turned into an NFT (non-fungible tokens) art piece. It will be auctioned at a hotel in Shanghai on December 31.

Qi's ink painting Shrimps was created in 1945 when the modern master, who was known for his painting of shrimps and insects, was 81. The collector of Shrimps got permission from Qi's family to digitalize the work and posted it on social media platform Sina Weibo.

TopHolder, an art platform dedicated to NFT art, turned the piece together with netizens' comments into an NFT work. It will be auctioned with other NFT artworks by Shanghai Jiahe Auction in Shanghai on December 31.

According to Shanghai Jiahe Auction, the original ink painting by Qi is worth tens of millions of yuan and its NFT work is estimated at between 300,000 yuan ($47,100) to 800,000 yuan. It's the first NFT artwork of Chinese ink paintings.

As one of the most well-known ink artists of the 19th and 20th centuries, Qi's ink paintings often fetch tens of millions of yuan at auction houses. He is also regarded as one of the most expensive modern Chinese ink painters.

Follow on Twitter and Facebook to join the conversation.
ChinaNews App Download

Related Posts

Beijing releases museum travel route along the Central Axis

May 18 this year marked the 46th International Museum Day. On the day, Beijing launched an activity named "Visiting Museums Along the Central Axis," with an aim to promote a series of museums in the capital.

Bringing ancient ‘money pots’ back to life in Yunnan museum

A money pot might carry a sweet childhood memory for some. But as early as 2,000 years ago, in today's Yunnan Province of southwest China, it means wealth, status, and power.

Palace excavation unearths vital clues to the past

When historians discuss business development and technological advances in ancient China, they often refer to the Song Dynasty (960-1279)-the "golden age" for such achievements.

Beijing International Pop Music Festival begins

Beijing International Pop Music Festival kicked off on April 12.From May 6 to 8, three shows will be staged in the capital. These shows will feature Haya, a Beijing-based rock band founded in 2006 by a group of Mongolian ethnic musicians; singer-songwriter Chen Hongyu; and Beijing-based band Sir Deer, which was founded in 2006 and is composed of six members. They will perform at the Beijing Exhibition Hall. From April 12 to 21, 12 new bands will perform at Omni Space, a popular live house venue in Beijing.

Beats and spirit, American drummer enlivens Shanghai neighbors from balcony

Although Charles Foldesh, a 37-year-old American drummer, had to temporarily stop his performance due to the COVID-19 resurgence in Shanghai, he has transformed his balcony into a stage, winning applause and cheers from his neighbors.

Majority of China’s museums now offer free admission

The total number of Chinese museums rose by 395 to 6,183 in 2021, 90 percent of them offering free admission, said a senior cultural official Wednesday.
- Advertisement -spot_img