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The Curious World of NFT Real Estate and Design

The Curious World of NFT Real Estate and Design People are selling and buying art, furniture and even houses and land that exist only virtually. Mars House, a digital house designed by the artist Krista Kim, sold for an amount equal to $512,000.Credit.Krista Kim May 25, 2021, 5:00 a.m. ET It’s not uncommon for people to buy vacation homes they may only visit a few times a year. What about a home you never visit? And that doesn’t actually exist? The market for digital files sold as “nonfungible tokens,” or NFTs, has exploded this year, most notably when an artwork by Beeple sold for $69.3 million at an online auction held by Christie’s in March. But real estate, architecture and design are also booming in the virtual marketplace.

Fuorisalone: het design stadsparcours in Milaan gaf al een voorproefje op het najaar - Wonen

Fuorisalone: het design stadsparcours in Milaan gaf al een voorproefje op het najaar - Wonen
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What Is NFT Architecture and How Is It Different from Regular 3D Models?

Copy Imagine yourself welcoming your colleagues to a business meeting at your home. The table is set next to the infinity pool, under the shadow of a huge curved metal structure reminiscent of Zaha Hadid s most audacious designs except for the complete absence of pillars. Hovering in the air, the roof completes an idyllic setting for this mansion on a rocky hillside. The house was recently acquired as an NFT and is digitally accessed via encrypted code. That s right, this is your virtual home. The physical one is a small 40m2 apartment in the center of one of the busiest and most polluted cities in the global south.

NFTs will usher in a creative and artistic renaissance say designers

NFTs will usher in a creative and artistic renaissance say designers The emergence of NFTs will trigger a wave of artistic innovation and allow creatives to sell avant-garde work directly to customers, according to digital designers. We re right at the beginning of the frontier, 3D artist Alexis Christodoulou told Dezeen. This is an opportunity to create something beautiful because you re in charge again. You can directly connect with the people that consume and like your art, added Andrés Reisinger, who auctioned off ten virtual furniture pieces as NFTs in February. You don t need any middle man like a brand or gallery because we have replaced these institutions with code.

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