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NFTs and the 'Art' world: panic and possibility

Blockchain-based works such as Plantoids by Primavera De Filippi help us imagine the consequences of organising social systems through automated, gamified, incentive mechanisms
Image: courtesy of Furtherfield
Beeple and Christie’s recently minted and sold their first NFT work of art for millions of dollars worth of cryptocurrency. We know that NFTs (Non-Fungible Tokens, or blockchain-based units of authenticity) make the digital internet ownable, which is making artists, commentators and early-adopter collectors alike lose their minds over potential new wealth. But the reality is much more nuanced and dangerous.
The move by Christie s et al into cryptoart is a sign of the stagnating established Art world markets and associated industries finding new ways of manufacturing wealth (and highly launderable wealth at that). However, viewed through this lens the only relevant characteristic of this type of “Art” is its capacity to act as a vehicle ....

Crispin Nfts , Ailie Rutherford , Cassie Thornton , Primavera De Filippi , Non Fungible Tokens , Western Art , Decentralised Autonomous Organisations , Sarah Friend , Sterling Crispin , Crypto Art , Live Action Role Play , அழிய ரதர்ஃபோர்ட் , காசி தோர்ன்டன் , ப்ரிமேவெர டி பிலிப்பி , மேற்கு கலை , சாரா நண்பர் , ஸ்டெர்லிங் மிருதுவான , கிரிப்டோ கலை , வாழ நடவடிக்கை பங்கு விளையாடு ,

Another New World

mar 03, 2021
In May 2014, artist Kevin McCoy sold a GIF onstage at Rhizome’s Seven on Seven conference to Anil Dash, and published the transfer of ownership of a GIF on the Namecoin blockchain. The data written to the blockchain included a link to the license, a link to the work, a hash (a kind of digital fingerprint) of the work, and a plain English assertion of ownership, as part of a system McCoy called Monegraph. Dash paid the entire contents of his wallet for this early experiment in selling unique digital works via the blockchain, which amounted to $4.
Fast forward to May 2018. Amid the sweltering euphoria of New York City’s early summer, an auction took place at the Knockdown Center, a sprawling warehouse in Maspeth, Queens, as part of a cryptocurrency conference. Fueled by amicable competition among notable investors in the room, bidding reached $140,000 for an artwork by Guile Gaspar that featured a kind of digital collectible called a CryptoKitty. A hardwa ....

New York , United States , Christopher Torres , Ben Vickers , White Papurr , Yuri Pattison , Tim Whidden , Travess Smalley , Kevin Mccoy , Daniel Keller , Ethereum Nfts , Anil Dash , Knockdown Center , Christian Church , New York City , Guile Gaspar , Nyan Cat , New Models , Dapper Materials , Sterling Crispin , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , கிறிஸ்டோபர் டோரஸ் , பென் விக்கர்கள் , யூரி பட்டிசன் , நேரம் வ்ிட்தேன் ,