Tag: NFT

Art Industry News: The Founders of a Popular ‘All-Female’ NFT Project Turned Out to Be Three Russian Men + Other Stories

Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know on this Wednesday, August 25. NEED-TO-READ Beeple Underbidder Paid $500,000 for an NFT of a Rock – Crypto investor, Beeple underbidder, and sometime art collector Justin Sun recently announced that he bought an NFT of a rock for ...

Read more

Visa Acquires Crypto Punk, Signaling Entrance into NFT Market – ARTnews.com

Visa acquired an NFT by Larva Labs for 49.5 ETH, or about $150,000, for the company’s collection on August 19, signaling a major entry into the NFT market by the financial services firm. Titled CryptoPunk #7610, the NFT is part of a series known as “CryptoPunks,” considered one of the first NFT projects ever launched. “CryptoPunks” comprises some 10,000 pixel portraits with randomly mixed ...

Read more

Teenagers cash in on the NFT art manic boom

Last fall, Randi Hipper decided to, as she put it recently, “go in-depth with the crypto space.” After hearing about NFTs on Twitter and other social media platforms, Hipper, then a 17-year-old senior at Xaverian High School in Brooklyn, began releasing her own digital artworks — cartoonish and self-referential pieces showing her cruising in a car with a Bitcoin license plate or ...

Read more

Philadelphia’s first NFT gallery abruptly closing, moving to Fishtown

💌 Love Philly? Sign up for the free Billy Penn newsletter to get everything you need to know about Philadelphia, every day. The crypto art gallery that opened in Brewerytown this summer is relocating after less than two months. Proprietors are hosting a final goodbye and late-night benefit at their original space to help fund their move to Fishtown. Art From The Heart Gallery ...

Read more

Teens Cash In on the NFT Art Boom

Last fall, Randi Hipper decided to, as she put it recently, “go in-depth with the crypto space.” After hearing about NFTs on Twitter and other social media platforms, Ms. Hipper, then a 17-year-old senior at Xaverian High School in Brooklyn, began releasing her own digital artworks — cartoonish and self-referential pieces showing her cruising in a car with a Bitcoin license plate or riding ...

Read more

NFT Platform Raises $30 M.—and More Global Art News – ARTnews.com

To receive Morning Links in your inbox every weekday, sign up for our Breakfast with ARTnews newsletter. The Headlines AFTER A CENTURY, A MYSTERY HAS BEEN SOLVED. Archaeologists working on the estate of a 16th-century manor near Wem, England, have uncovered what they believe are the remains of a castle built as far back at 1250, according to BBC News. The owner of the land, Tim Ashton , said that curious lumps in the topography ...

Read more

Can the Weaknesses of NFT Technology Be Fixed? – ARTnews.com

A certain degree of magical thinking surrounds the non-fungible token, or NFT. The community involved in the NFT-buying frenzy of early 2021 believed that the blockchain technology used to make NFTs instilled them with infallible benefits. NFTs were supposed to be a tamper-proof ledger that authenticated and defined original digital works, which could offer artists royalties as the work was traded in perpetuity. But ...

Read more

First Carbon-Neutral NFT Drop by Okuda San Miguel – StreetArtNews

Explains Okuda, “As an artist I embrace all media through which I can develop my work, whether that’s murals and paintings, three-dimensional sculptures, or installations and immersive exhibitions. I’ve never limited myself to a single discipline, because I believe that the more mediums I work in, the more people I can reach. NFTs, to me, are yet another way I can invite viewers into ...

Read more

Houses Accept Buyers’ Bitcoin and Display NFT Art – The Hollywood Reporter

The soaring contemporary architecture and breathtaking views of the Palazzo di Vista in Bel Air may seem well worth the $87.77 million it’s listed for. But the lucky buyer will also acquire a $7 million art collection, including an NFT (non-fungible token) art gallery, curated by MDP Art Curators, with works by Ghost Girl and BigHead Music Producer. “The art world is changing so ...

Read more
Page 1 of 7 1 2 7