Sino-Global Shipping America (SINO)

[Alice-N-Wonderland]

Bought back into SINO last week and saw the price jump on the 18th with news.

https://gcaptain.com/sino-global-shipping-joins-nft-craze/

I was told in casual conversation about the digital artwork collage that sold this month for 69 million dollars. I briefly glanced at the image from their smartphone. My verbal response was "that's dumb"... I decided to do a little more research to see what I could learn. Let me begin by noting that I am a fine artist(traditional with some digital pieces) and collector who has worked as an art consultant representing local artists and craftsman in my community. I've followed the sale of great works of art by numerous prestigious auction houses for several decades, since my early teen years in fact.

So, I discovered the digital artwork was sold by Christie's (a reputable institution) as a NFT by a living artist....

https://www.theverge.com/2021/3/11/22325054/beeple-christies-nft-sale-cost-everydays-69-million

I then read this article about William Shatner selling his NFT collectibles

https://cointelegraph.com/news/william-shatners-nft-collectibles-sell-out-at-warp-speed

learned a bit more about this here

https://www.google.com/amp/s/www.theverge.com/platform/amp/22310188/nft-explainer-what-is-blockchain-crypto-art-faq

My conclusion is... this already has proven value and potential. I can see future NFT sales being done by numerous museums, artists and celebrities. Imagine owning the only NFT of the Mona Lisa, what would something like that be worth? SINO is teaming up with CyberMiles to provide a platform for these transactions to occur. Traders want to trade digitally, and having a collection of artwork/collectibles in one's crypto wallet is a new and innovative idea.

Still though, if I had 69 million dollars to spend on art, I'd be trying to buy an original Van Gogh....