Bitcoin’s Lightning Network Enables a New ‘Satoshi-Sketcher’ Marketplace for 9-Year Old Picture Artist
The Bitcoin Lightning Network has found yet another use: the sale of art. This came to light after it was revealed that the person behind Lightning Pictures, a WordPress art store, is a 9-year old who named Dennis who sells his drawings through the network.
The reason behind opening the store is that Dennis wants to purchase a Nintendo Switch console but was told by his father that he would have to earn the $300 required for it by himself. Dennis then decided to try and raise the money by himself by selling his drawings online.
There are two types of sketches being sold on Dennis’ store- a quick sketch which costs a dollar and his awesome sketches which costs $10 and can be sent either by mail or through email.
Payments for Dennis’ work are made through OpenNode which, in turn, is facilitated by the Lightning Network.
Art On The Blockchain
As interesting as Dennis’ store idea is, he isn’t the only one who has found a way to sell art through the network.
In 2018, it was reported that a Reddit user who goes by the name of Cryptograffiti had sold his painting, the Black Swan, over the Internet. What was different, however, was that he was selling his work to the lowest bidder rather than the highest.
“Yesterday I auctioned this piece to the lowest bidder to help promote the lightning network and poke fun at MSM’s focus on Bitcoin’s price,”
The entire experiment was to show the networks micro-transaction capabilities and in the end, the painting was sold for 1 milli-satoshi or $0.000000037 through the network, making it the world’s cheapest art auction ever.
“I’m excited about a future where micropayments are omnipresent. Artists paid by the view…writers by the poem…musicians by the listen. Everyday interactions complemented by positive monetary reinforcement such as tipping someone who let you merge into traffic. […] Hopefully, this micro auction inspires others to think big about the future of Bitcoin,”
the artist said, stating that most of his work is tech-inspired and is done to draw attention to the blockchain universe.
“Well my art, as well the merch, is all about spreading the movement…awareness. I see each shirt as little mini billboards. And I think it’s important to bring a little humor into the mix even with something as important and disruptive as cryptocurrency/blockchain.”