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Artindustry

Common NFT Terms For Novice Investors And Crypto Enthusiasts

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Source: Coin Rivet

Non-fungible tokens gain popularity since their initial phase. Everyone in this world starts investing in this digital asset and making a virtual property. If anyone wants to invest or learn any new things, they must know about the basic and common NFT terms and their meanings. People blindly follow social media influencers or media celebrities and start buying those things without knowing the basic things about them. Currently, more than 4 million people in the USA are the owners of NFTs and their numbers are rising on a regular basis. 

Before buying NFT, you must know about the common NFT terms and their meanings to better understand how you can utilize your skill as an NFT investor. For your better understanding, we will briefly explain the common NFT terms, especially for newbies, artists, creatives, and those folks who need to learn and invest in NFTs. Moreover, many people are confused between what is blockchain and non-fungible tokens. If you are one of those people with multiple frequently asked questions in your mind, this article is for you to clear all your doubts about basic NFT terms. 
Read more: https://coinrivet.com/common-nft-terms-for-novice-investors-and-crypto-enthusiasts/amp/

Artindustry

We Asked 10 Art Industry Savants to Share the Top Artists Residencies Around the World. Here’s What They Told Us

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Source: Artnet news

Whether starting one’s art career or entering a more established stage, artist residencies can offer valuable resources and professional connections in a mostly opaque art world, not to mention time to focus on making work.Finding the right fit can depend on key factors: financial benefits, covered costs, what is asked of the participating artist, and what kind of exposure a program offers to the regional and international art crowd. Often, what may seem like an attractive place to work may end up including additional pressures to donate work or considerable time in exchange for the costs of running a program. This needs to be weighed individually by artists.

Read more: https://news.artnet.com/art-world/artists-residencies-2509519

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Artindustry

Art Money pulls back in economic squeeze

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Source: Artshub

On 7 June, Art Money founder Paul Becker released a statement announcing the business will ‘pause new business operations whilst we recapitalise’ – a decision that Becker did not make lightly.

Art Money is an Australian art fintech business that offered interest-free, 10-month payment plans for artwork purchases between $500 to $1 million. Its goal has been to make art collecting accessible, affordable and sustainable.

Read more: https://www.artshub.com.au/news/news/art-money-pulls-back-in-economic-squeeze-2728918/

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Artificial Intelligence

A Creator (Me) Made a Masterpiece With A.I.

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Source: The New York Times

I’ve got 99 problems with A.I., but intellectual property ain’t one.

Media and entertainment industries have lately been consumed with questions about how content generated by artificial intelligence systems should be considered under intellectual property law. Last week, a federal judge ruled against an attempt to copyright art produced by a machine. In July, another federal judge suggested in a hearing that he would most likely dismiss a copyright infringement lawsuit brought by artists against several artificial intelligence art generators. How A.I. might alter the economics of the movie and TV business has become one of the primary issues in the strike by writers and actors in Hollywood. And major news companies — including The Times — are weighing steps to guard the intellectual property that flows from their journalism.

Read more: https://www.nytimes.com/2023/08/25/opinion/ai-art-intellectual-property.html

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