Buddhist digital amulets mark Thai entry into crypto art craze

[snoop1130]

This handout courtesy of CryptoAmulets founder Ekkaphong Khemthong taken on June 9, 2021 and released on June 22, 2021 shows Buddhist abbot Luang Pu Heng receiving a donation during a blessing ceremony for the digital amulets bearing an image of his face at the Wat Pattana Thammaram temple in Surin. – Karmic fortune has arrived to the digital art market, with a kaleidoscopic splash of colours and the face of a revered Thai monk offering portable Buddhist good luck charms to tech-savvy buyers. (Photo by Daye CHAN / COURTESY OF EKKAPHONG KHEMTHONG / AFP)

 

Bangkok (AFP) – Karmic fortune has arrived to the digital art market, with a kaleidoscopic splash of colours and the face of a revered Thai monk offering portable Buddhist good luck charms to tech-savvy buyers.

 

Sales of non-fungible tokens (NFTs) — virtual images of anything from popular internet memes to original artwork — have swept the art world in recent months, with some fetching millions of dollars at major auction houses.

 

“CryptoAmulets” is the latest venture to chase the craze, with founder Ekkaphong Khemthong sensing opportunity in Thailand’s widespread practice of collecting talismans blessed by revered monks.

 

Full Story: https://www.thaipbsworld.com/buddhist-digital-amulets-mark-thai-entry-into-crypto-art-craze/

 

-- © Copyright Thai PBS 2021-07-09

 

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[Justgrazing]

God's teeth what are they on about .. 

 

59 minutes ago, snoop1130 said:

Sales of non-fungible tokens

Does that mean they don't get thrush .. 

 

Do you wear this virtual am' or hang it off the rear view mirror or what .?

think I'll stick with my Jesus cross ( 9ct solid no less ) if it's all the same .. I'll feel safer with that .. 

[trainman34014]

Personally i always find it obscene when 'plates' or 'stacks' of cash are handed around in this way; says everything about this country though !

[RichardColeman]

Personally, I think if I cannot hold it or touch it , it's worthless to me !

[Bluespunk]

“One challenge was trying to explain the concept of NFTs to the 95-year-old abbot, who assumed he would be blessing physical amulets.

 

“It’s very hard so we just tried to simplify it,” said Singaporean developer Daye Chan.”

 

Perhaps Daye could spare some time to explain on this forum…

[Excel]

Thai Buddhism at it money making best. Forget spiritual enlightenment, its coining in the baht that only matters to these guys n my opinion

[Bluespunk]

19 hours ago, snoop1130 said:

Sales of non-fungible tokens (NFTs) — virtual images of anything from popular internet memes to original artwork — have swept the art world in recent months, with some fetching millions of dollars at major auction houses.

I suppose 3 (or possibly 4 now) counts as some

 

https://news.artnet.com/market/most-expensive-nfts-1952597/amp-page

Edited July 10, 2021 by Bluespunk

[Burma Bill]

20 hours ago, snoop1130 said:

Karmic fortune has arrived to the digital art market, with a kaleidoscopic splash of colours and the face of a revered Thai monk offering portable Buddhist good luck charms to tech-savvy buyers.

For reference:-

 

https://techxplore.com/news/2021-07-buddhist-digital-amulets-thai-entry.html

 

[PETERTHEEATER]

The abbot definitely got the best of the deal with 'something (tangible) for 'nothing (ephemeral) Why was he not paid in Bitcoin?

[jollyhangmon]

... yeah, well, a finely botched lobotomy is beneficial in this regard, no doubt.

 

As for explanations, here they come (in order of appearance), should leave no faq's open:

 

Crypto Mania!

Are NFTs Worth Your Money?

 

What The <deleted> Are NFTs? How Can Dogecoin Take Us To The Moon?

 

[RichardColeman]

Just thinking about this more, does it mean that you have to have your phone switched on with the picture of the amulet showing for it to work in your car ? 

[Excel]

1 minute ago, RichardColeman said:

Just thinking about this more, does it mean that you have to have your phone switched on with the picture of the amulet showing for it to work in your car ? 

Yes and also have your phone suitably positioned so that your vision is partially blocked

[bangon04]

Come on guys... we all remember the cute Japanese fashion of Tamagotchi, don't we?   Well why not have a little Abbot pet you can give Bitcoin to during your lunchbreak? The careful, devoted people can keep the Faith for months that way without the hassle of the real world.....