Heart Evangelista’s first NFTs earned 17.35 ETH—that’s P3.6 million – Manila Bulletin

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Here’s the story behind the artworks

NFTs, short for non-fun­gi­ble tokens, is tak­ing the arts and dig­i­tal world by storm. You can see it almost every­where, from the NBA to the Miss Uni­verse. Local­ly, one famous artist just joined the craze with her first NFT releas­es this Novem­ber 2021, and that is actress and fash­ion dar­ling Heart Evangelista.

Heart Evan­ge­lista (Pho­to from Instagram)

Known in the art scene as Love Marie Ong­pau­co-Escud­ero, Heart first announced that she is join­ing the NFT world in Octo­ber 2021, in col­lab­o­ra­tion with Luis Bue­naven­tu­ra a.k.a Cryp­topop, one of the first and most tal­ent­ed Fil­ipino NFT artists, and the Mani­la Phil­har­mon­ic Orchestra’s Rodel Colmenar.

“It’s a new kind of dig­i­tal art that is secured by blockchain tech­nol­o­gy and can take many dig­i­tal forms includ­ing art, videos, and music. Basi­cal­ly, any­thing that can be stored dig­i­tal­ly can be made into an NFT,” she briefly explained. “To get start­ed, install Meta­mask wallet.This is where you’ll hold both your NFTs and the cryp­tocur­ren­cy that you’ll use to pay for it. For my NFTs, you’ll use Ethereum (ETH). You can buy ETH from exchanges like Coins.ph, Binance, and Coinbase.”

Ethereum is a kind of cryp­tocur­ren­cy that is sim­i­lar to Bit­coin. What makes it dif­fer­ent is that it is “intend­ed to be much more than sim­ply a medi­um of exchange or a store of value.”

“Ethereum is dif­fer­ent from Bit­coin in that the net­work can per­form com­pu­ta­tions as part of the min­ing process,” says Ken Fromm, direc­tor of edu­ca­tion and devel­op­ment at the Enter­prise Ethereum Alliance in a sto­ry by Forbes. “This basic com­pu­ta­tion­al capa­bil­i­ty turns a store of val­ue and medi­um of exchange into a decen­tral­ized glob­al com­put­ing engine and open­ly ver­i­fi­able data store.” Cur­rent­ly, 1 ETH is equiv­a­lent to P229,046.22.

Heart Evan­ge­lista x Cryp­topop was made avail­able online through Open Sea from Nov.4 to 18, 2021, and it show­cased two of her art­works made more spe­cial with sound and visu­al effects. Dubbed “Desider­an­tium” and “Plu­vi­am,” these art­works were made by Heart dur­ing the pan­dem­ic, while every­one was in lockdown.

“Like many peo­ple, the lock­down was a time of great tran­si­tion for me. Sud­den­ly, every­thing going on in my busy life slowed down and for the first time, I was able to be still and con­tem­plate the huge changes that were going on,” she said. “Paint­ing these pieces was so ther­a­peu­tic and helped me process the crazy time we went through. I feel these pieces immor­tal­ize what I, and prob­a­bly many of you, felt dur­ing the lock­downs. Hope­ful­ly, we nev­er have to go through any­thing like that again, but I think it’s impor­tant we have art like these NFTs that com­mem­o­rate what we went through and even­tu­al­ly overcame.”

“I’m so proud of this remix, which I worked on with Luis Buen­even­tu­ra, one of the Philip­pines’ most tal­ent­ed NFT artists, and Rodel Col­me­nar, com­pos­er of the Mani­la Phil­har­mon­ic Orches­tra,” she con­tin­ued. “Togeth­er, I think we cre­at­ed a piece that tru­ly immor­tal­izes the tran­si­tions, still­ness, and emo­tions we expe­ri­enced as last year’s crazi­ness put our lives to a halt.”

After the online bid­ding, Luis announced the win­ning bid­ders and how much their works gar­nered. “My col­lab with Heart Evan­ge­lista sold for a total of 17.35 ETH or ₱3.6 M on Open Sea just now! High fives all around to win­ning bid­ders @goltra and Axie­Boss and #cryp­toartph.”

Well, this comes as no sur­prise at all. If you are an avid fol­low­er of the actress-artist, you should know that Heart has pre­dict­ed this amount dur­ing her chat with broad­cast jour­nal­ist Karen Davi­la.

Check out Heart Evan­ge­lista x Cryp­topop pieces below:


 

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