The image below is Barack Obama’s “Hope” campaign poster by artist Shepherd Ferry:

Shepherd Ferry is an American illustrator and founder ofobey“.

He decided Ferry recently displayed former President Barack Obama’s famous “Hope” campaign poster as a non-replaceable digital billboard (NFT).

This digital board is set to be auctioned on the SuperRare token market.

Many artists, designers, and digital design software professionals have moved towards the fashion of non-fungible digital tokens (NFTs), which could not be achieved with huge money in exchange for selling paintings, graphics, and audio files…

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With this frenzy, there has been a multifaceted backlash, most of which suggest that the situation is exaggerated, in addition to many questions being asked about NFT, the most important of which are:

Are there no copyright issues here? Aren’t these things only available to crypto geeks with their masses? How do we know that NFT is not just a means of money laundering?

And a JPEG image that sold for $69 million will it live forever on the blockchain?

As skepticism mounts, many artists have promised to provide climate compensation and other charitable works.

Mr. Aphex Twin has said he will use the money from his sale to NFT to plant trees, and the Nifty Gateway platform plans to allocate the money to forest conservation efforts in Peru.

For his part, Phiri pledged that he would donate a portion of the proceeds to Amnesty International.

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It is worth noting that the poster, the focus of our article, will be auctioned on March 29th.

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