Many African creatives are very excited about the growth of NFTs. Some of the reasons are the very same reasons Afrofuturism is gaining traction within the Black creative community since the term was coined in 1993.
Through his mentor, artist and designer Kofi Obuobi learned that there were many African masks hidden in private collections, never to be seen again. To change that and keep the history alive, Obuobi started to recreate these masks as NFTs.
Known for experimenting with technology, artist Rachel Rossin decides to mint her DNA on the OpenSea platform. What does that mean for Rossin and, broadly, for the future of digital technology?
As part of the United Nations’ Year of Creative Economy for Sustainable Development, the UN-Habitat and several other stakeholders created the DigitalArt4Climate initiative. According to their website, the initiative “uses blockchain technology to turn art into digital assets or NFTs, which can be collected and traded, thus opening up a socio-technological innovation space which helps to unlock extraordinary potential for resource mobilization and climate empowerment.”
After Quentin Tarantino ignored a cease-and-desist letter, Miramax filed a lawsuit against the writer/director and his Pulp Fiction NFT sales.
Currently, African and Black contributions to art sales are just 1% of the total global collective. Can the new NFT trend change that?
If you're curious, that's about 17TB of data.
Like every major change throughout history, NFTs have their ups and downs. What does this mean for the African art market?
Do you want to be one of 10,000 owners of a piece of Banksy?
Beltracchi’s new project, which he titled “The Greats”, consists of multiple versions of Leonardo Da Vinci’s Salvator Mundi. In total, Beltracchi will be selling 4,608 NFTs on the Ethereum blockchain. The NFTs will be on sale 5 days from the publication of this article. In another humorous poke at ownership, Beltracchi said that the buyers will not know which version of his Salvator Mundi they will get.
By creating these NFTs, the House of Lobkowicz hope to preserve and enhance their vast collection.
Known for using anamorphosis effects to drastically change historical monuments, artist JR's latest work is also his first foray into the NFT world.