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Art market still kicking but NFTs are canvassing high-end support

Art market still kicking but NFTs are canvassing high-end support
euronews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from euronews.com Daily Mail and Mail on Sunday newspapers.

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How Artists Are Seizing the NFT Moment to Transform the Debate About Tech and the Environment

There is plenty to criticize in the world of NFTs but artists are pushing forward important conversations. ....

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Power imbalance in the art world gets a shake up thanks to NFTs

Dholakia says the current interest in NFTs is likely part of a short term bubble. So at the moment, if you think of this as a game of musical chairs, we are in the middle of the game and everyone is kind of doing really well. So the game will continue on until someone is left out at the end, he says.
He says the long term value of the technology is questionable. It s really hard to say anything conclusive about this technology at this moment in time.
He notes that there are other issues around this technology that
need to be resolved. ....

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Beeple Joins NFT Allstar Artists to Combat Climate Change with Charity Fundraiser – Bitcoin News

Beeple Joins NFT Allstar Artists to Combat Climate Change with Charity Fundraiser
Social Alpha Foundation is set to auction works from top NFT artists on the Nifty Gateway to support Open Earth Foundation’s efforts to bring open digital solutions designed to address climate-related issues.
Auction Sponsor Render Network To Donate Carbon Credits To Offset NFT Impact
Excitement over NFTs has hit a fever pitch as auctions break new sales records almost weekly. The latest collection sold by artist Beeple, titled “Everydays: The First 5000 Days”, saw 5000 original works compiled in a single JPEG image fetch an astounding $69 million during an auction hosted by Christie’s. ....

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Will NFTs Revolutionize the Art Market or Repeat Its Greatest Failures? These 4 Factors Will Determine Their Fate

Will NFTs Revolutionize the Art Market or Repeat Its Greatest Failures? These 4 Factors Will Determine Their Fate
artnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from artnet.com Daily Mail and Mail on Sunday newspapers.

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