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:

Photography giant Getty Images has announced a collaboration with NFT platform Candy Digital to sell rare photos in NFT format. The series features iconic images of famous photographers from the 1970s, including Bruce Springsteen, Elvis, David Bowie, Rolling Stones, and Jimi Hendrix, among others. The relevant NFT series will be sold on Candy’s website on March 21, with prices ranging from $25 to $200.

This move represents a significant shift for Getty Images, as it moves into the fast-paced, rapidly emerging NFT space. With NFTs selling for millions of dollars and growing interest in digital art, Getty Images’ decision to release rare photos in NFT format could be a lucrative business move. Furthermore, the collaboration with Candy Digital, which is co-owned by Major League Baseball’s Los Angeles Dodgers, adds to the credibility and status of such digital material.

The announcement is also another indication of how rapidly the NFT space is expanding. In March alone, other renowned brands have jumped onto the NFT bandwagon, including fashion house Gucci and auction house Christie’s. The explosive growth of interest in the space is indicative of how the art world is adapting to the digital age, with NFTs representing the intersection between blockchain technology and digital art.

In summary, Getty Images will collaborate with NFT platform Candy Digital to release a series of rare photos in NFT format. The move represents a significant shift for Getty Images and signifies a growing interest in the NFT space, which has attracted immense attention from brands like Gucci and Christie’s. The explosive growth of the NFT space is indicative of the art world’s adaptation to the digital age, with NFTs representing the intersection between blockchain technology and digital art. The three keywords to summarize this article are: NFTs, collaboration, and digital art.