Creator Who Sold NFT House for 500,000 Well be Living in an Augmented Reality Lifestyle Soon


Contemporary artist Krista Kim recently sold an NFTminted digital house for 288 ether, valued at over 500,000 based on the cryptocurrencys trading price Wednesday. The creation called Mars House is part of Kims grand vision for the role augmented reality will play in the world, she explained in an interview on CNBCs Squawk Alley.

Right now, a lot of the NFT art thats currently available on platforms, its a very limited parameter of how you can present the art, Kim said Wednesday. Its presented, basically, as a digital file, a beautiful drawing or video on your screen, but my intention was to look beyond that.

The new owner of Mars House, she said, will be able to upload the file into various metaverses 3D immersive worlds and experience the digital real estate there. She said Mars House represents the next generation of NFT art. For me, I actually foresee that we will be living in an augmented reality lifestyle within a very short period, Kim said, predicting it could happen in a couple years.

The metaverse is an informal term used to describe a collaborative and immersive virtual world, and companies like Roblox and Fortnite maker Epic Games are working on the concept. Augmented and virtual reality are key to providing a more immersive experience for these worlds. AR is technology that superimposes computergenerated images over realworld views, while VR goes further into a complete virtual space. Both have historically been associated with some sort of wearable…

Indias Kalyan Jewellers IPO Loses Shine, Sees Tepid Demand

Previous article

European Stocks Rise after Fed Decision

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in News