Scott’s NFT features a looping video of a white man standing on an auction block at a Brooklyn sidewalk. Scott titled the work White Man For Sale and will be auctioned at Christie’s during a special sale on October 1.
After its closing on September 9, 2021, the two lots were sold for a combined total of $26.2 million. The first lot, which contained 101 Bored Ape NFTs, raked in the equivalent of $24.4 million. The second lot, with 101 NFTs from the Bored Ape Kennel Club, was sold for a total of $1.8 million.
The Bored Ape lot auctioned at Sotheby's was estimated to sell for $12 million to $18 million. With days left until its closing, the lot has already surpassed expectation with a current bid of $19 million.
An NFT collector by the name of Pranksy seemed to have some prophetic sense about his chosen online moniker. The Banksy NFT they purchased turned out to be... a prank.
When Visa announced its purchase of a CryptoPunk avatar, the project soon exploded in popularity, with many collectors joining in to purchase the unique avatars.
For the past few decades, a different generation of artists is using everchanging technology to create not just a new type of art, but a new type of artist. Unlike the very homogenous club of the traditional art world, the digital art world is incredibly diverse, with all sorts of people, of all shapes and sizes, from all corners of the world.
With an ever-changing roster of artists, IT IS ALL AROUND US aims to show the infinite possibilities of this art form and the equalizing power NFT and digital art can have.
The State Hermitage Museum in St. Petersburg, Russia, has announced that it will be selling several of its collections as NFTs to raise funds for the museum.
Some critics said NFT wouldn't last, but the market would like to differ.
Each unique piece will be sold as NFTs. That is, unless the collector wishes to trade it for a physical piece.
The exhibition "IT IS ALL AROUND US" is showcasing NFT artworks from a variety of artists all around the world. The world of NFT, and digital art in general, is a vast, unexplored land rife with possibilities. We had a chat with the curator of the show, Jérémy Chausse, about why he thinks NFT is the future and what we can look forward to in the exhibition.
There are a variety of stories, techniques, and visual language that will give the visitors of “IT IS ALL AROUND US” an understanding of just what NFT and digital art can do.
After a barrage of criticism for his initial NFT inspired by the late Chadwick Boseman, artist Andre Oshea created a new work that addressed many of those critics. His new work, in comparison to his last, showed the capabilities the digital medium has.
For the past few weeks, a new buzzword has been flitting around in art circles: NFT. This buzz comes from a debate of whether non-fungible token (NFT) artworks are the future of the art world or a danger to the planet. Debate aside, NFT art has certainly made its mark on history. On March 11, 2021, auction house Christie’s sold its first-ever purely digital artwork by an artist named Mike Winkelmann — known online as Beeple — at almost $70 million. This marks not only the first time Christie’s have sold a purely digital artwork but also accepting cryptocurrency along with other, more traditional forms of payment.