Cryptocurrency-skeptic Peter Schiff has unveiled a collaborative nonfungible token (NFT) art collection on the Bitcoin network and that has attracted the attention of those entrenched within the crypto ecosystem.

The economist and gold proponent is renowned for his skepticism on cryptocurrencies and NFTs for years; two years ago, he called NFTs worthless and said that they can be easily replicated. In what seems as a parody, Schiff took to Twitter to announce that he is onboard an art-focused NFT project:

“I’m pleased to announce an art project with one of my favorite artists, Market Price. This collaboration features the original painting “Golden Triumph” as well as a series of prints and Ordinals inscribed on the #Bitcoin blockchain. For information go to 1marketprice.com/golden.”

The Golden Triumph art collection constitutes of one physical painting on an oil linen canvas which presents a human hand holding a bar of gold, 50 prints on archival paper which depict the same image and 50 digital versions inscribed as Ordinal NFTs on the Bitcoin network.

The art collection will be sold through a two-stage auction event which shall begin on June 2 and end on June 9. Regarding Ordinals, the highest bidder will receive #1 of the collection, while the other 49 highest bidders will receive the #2 piece to #50 in descending order.

Sources:

https://cointelegraph.com/news/crypto-hater-peter-schiff-unveils-bitcoin-ordinals-nft-project

https://crypto.news/bitcoin-critic-peter-schiff-to-launch-nft-collection-with-ordinals/

https://nftevening.com/from-hater-to-creator-peter-schiff-ventures-into-bitcoin-nft-art-collection/

https://finance.yahoo.com/news/bitcoin-critic-peter-schiff-uses-023441046.html

https://twitter.com/udiWertheimer/status/1662228275211501568