A well-known critic of cryptocurrencies and NFTs, Peter Schiff, has surprised the crypto community by announcing plans to launch his own NFT collection called ‘Golden Triumph’ exclusively on the Bitcoin Ordinals platform.
From June 2 to June 9, both crypto enthusiasts and skeptics will have the opportunity to participate in this extraordinary event. The ‘Golden Triumph’ collection will be presented in two parts and made available for auction on the 1Marketprice website.
This unexpected move has raised eyebrows within the crypto world. It’s rare to see a critic like Schiff venture into creating his own collection. However, he is challenging expectations and embracing the NFT space with his latest endeavor.
The auction will feature 51 unique pieces, divided into two phases. The first phase will showcase a distinctive artwork created on oil linen canvas, which will be accompanied by an NFT. In the second phase, participants can bid on 50 limited prints of the same artwork, each accompanied by a corresponding Bitcoin Ordinal. The highest bidder will be awarded NFT number 1, while the remaining 49 highest bidders will receive numbered NFTs in descending order.
The ‘Golden Triumph’ NFT displays a hand proudly holding a gleaming gold bar high above, capturing the victory of gold. It symbolizes the timeless allure and enduring value of gold. Funny hah!
Despite his entry into the NFT market, Schiff’s commitment to Bitcoin remains uncertain. When questioned about his stance on Bitcoin, he responded, “There is something here for Bitcoiners. But I’m still not a member of that club.” It appears that Schiff’s venture into NFTs is an intriguing exploration, but it does not necessarily indicate a change in his overall perspective on Bitcoin.