The famous “Fearless Girl Statue” statue is touted as a unique symbol of inspiration for women’s equality. But after all, she’s not exactly unique.
Behind the 50.4-inch high bronze sculpture, artist Kristen Visbal is a girl and asset State Street Global who originally took Superman’s iconic stance when confronting Charging Bull on Wall Street. I am facing a contract breach from Advisors. A management company that commissioned her work in 2017 to copy her own work. So she decided to double and sell more “fearless girl” replicas and NFTs to cover the reported $ 3 million legal costs.
“She’s like the Statue of Liberty,” Visbal told the post about her creation. “I want people to benefit from her from her. I want to use her for an initiative to promote her awareness of diversity and equality.”
Visbal certainly seems to be benefiting.
NFTs, which have “fearless girl” placed in various positions and may have slightly different hairstyles, are sold in five stages at the NFT marketplace OpenSea. The first, called the Interstellar Collection, is currently available in a limited edition of 125 and sells for 3.57 ETH ($ 7,235). Includes a short film of a comet that runs through space, erupts on the sidewalk of the city, and transforms into a “fearless girl,” and a replica of a 22-inch statue. (Digital art is also available. No sculptures. 1.39ETH, $ 2,817)
On Tuesday, the Superstar Collection, which includes a Fearless Girl and a two-minute movie, costs $ 250,500. There are also seven series of Trump-type digital art, each with 100 editions and priced at .20 ETH ($ 405). A “fearless girl” slowly runs through the background inspired by celestial bodies.
“It’s more than just a big investment. These NFTs are an opportunity to have a viral symbol of empowerment in your home,” Visbal added.
The artist was sued by State Street in 2019 after creating 25 full-sized bronze replicas of “Fearless Girl”, eight of which were sold for $ 250,000 each. Visbal also sold about 100 miniature versions for about $ 6,000 per pop.
A spokesman for State Street Global Advisors said: Terms of the contract that require the approval of both parties prior to sale. SSGA learned about this sale after it happened. This sale also violates SSGA’s exclusive intellectual property (copyright and trademark) rights. The company claims in court filings that the artist’s copy and sale caused “substantial and irreparable harm” to both “fearless girl” and State Street. doing.
However, the rebellious Visbal, who lives in Rehobos, Delaware, told Post: I made her to celebrate women and the general public. “
According to the State Street website, “We have placed a’fearless girl’in New York’s financial district to ignite a conversation about the importance of gender diversity in corporate leadership.” Since its arrival, the company says more than 1,500 companies around the world have gone out for not putting women on the board.
The statue was moved from its original location to Broad Street facing the New York Stock Exchange in 2018.
Meanwhile, Visbal is in her position.
“I feel very strongly about this,” she said.