Photography giant Getty Images sells rare photos in the form of NFT for the first time

It is reported that the photography giant Getty Images announced that it would cooperate with the NFT platform Candy Digital to sell rare photos in the form of NFT. The series includes several iconic images of famous photographers in the 1970s, including Bruce Springsteen, Elvis, David Bowie, Stevie Nicks, Rolling Stones, Jimi Hendrix, AC/DC, Gladys Knight James Brown, John Lennon and other celebrities. It is reported that the relevant NFT series will be sold on Candy’s website on March 21, with prices ranging from $25 to $200. （The Block）

Interpretation of this information:

Getty Images, one of the most significant photography companies in the world, has recently announced a collaboration with the NFT platform, Candy Digital. The deal revolves around the sale of rare photographs in the form of NFTs, which includes iconic photographs of famous public figures and musicians from the 1970s like Rolling Stones, Elvis Presley, Stevie Nicks, Bruce Springsteen, David Bowie, Jimi Hendrix, AC/DC, James Brown, Gladys Knight, and John Lennon. The sale will take place on Candy’s website on March 21, with varying prices raging from $25 to $200. The aim of the collaboration is to enhance the accessibility and collectibility of rare photographic art by leveraging the innovative blockchain technology.

The announcement by Getty Images highlights the increasing popularity of NFTs and the potential of blockchain in the traditional art and music sectors. NFTs, also known as non-fungible tokens, are a new form of digital asset that use blockchain technology to create scarcity and value in digital art. The use of NFTs in the art world has gained significant momentum over the last few months, with industry experts predicting that NFTs will revolutionize the art world’s way of buying, selling, and collecting art.

The collaboration between Getty Images and Candy Digital will potentially change the way art collectors and fans access and collect rare photographic works. The NFTs provide a new way of monetizing digital art and securing the value and uniqueness of digital creations. The use of blockchain technology ensures that the art’s authenticity and uniqueness are verified, creating rare and valuable digital assets. Getty Images’ willingness to explore new and innovative ways of selling and monetizing their art collection is a welcome and exciting development for the art world.

In summary, Getty Images has entered into a partnership with NFT platform Candy Digital to sell rare photographs in the form of NFTs. The NFTs will include iconic images of famous photographers and musicians from the 1970s, and prices will range from $25 to $200. The collaboration signifies the increasing popularity of NFTs in the art world and the potential of blockchain to revolutionize the way art is collected and sold. The three keywords that summarize the text are Getty Images, NFTs, and Candy Digital.