Tokenizing real-world value has been an idea making the circles in crypto space. From buildings to businesses or metal mining rights, offering to own a part through a cryptographic token is seen as a viable investment opportunity. But tokenizing artworks has also been a part of the business. Now, John McAfee has joined the fray, by tokenizing a piece of art by Pablo Picasso.

https://twitter.com/officialmcafee/status/1062437666636132357?s=19

The opportunity opened by the Maecenas platform has found one of its first real-world applications. But it is still unknown which painting exactly will be tokenized. The process will also involve hiding the picture from view:

“We are tokenizing a masterpiece, and making the painting perpetually inaccessible. Any eventual release date…

This article appeared first on Cryptovest

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