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Florida Judge Dismisses Case Against NFT Artist Over Million-Dollar Deal That Never Was

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Source: ART News

A Florida judge ruled in favor of the digital artist Danny Casale in a breach of contract suit brought by the web3 collective DigiART, which claimed that the two had a year-long profit-sharing agreement on initial drops of Casale’s NFT projects.

The case hinged on a simple but glaring omission from the contract between Casale and DigiART: there was no start date.

According to the suit, DigiART claims Casale gave the company exclusive rights to market and sell any NFTs the artist made between May 2021 and May 2, 2022. In exchange for DigiART’s marketing prowess, Casale would split the net profits of his NFTs evenly with the company. Secondary-market royalties would go straight in Casale’s pocket.

Read more: https://www.artnews.com/art-news/news/danny-casale-nft-lawsuit-digiart-dismissed-1234680513/

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Sotheby’s ‘Gold Fur’ Bored Ape NFT Auction Will Retest Art World Demand

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Source: R Scene

A curated batch of Bored Ape Yacht Club-centric Ethereum NFTs from Yuga Labs is set to be auctioned off at Sotheby’s on June 18, providing a white-gloved test of the staying power of Ape-themed assets in the fine art community.

The lot of collectibles includes an NFT profile picture (PFP) from the Bored Ape Yacht Club, adorned in a leather work vest and “sushi chef headband.” Known as Ape #8552, one of the NFT’s main selling points is its former, now-bankrupt owner—aside from the Ape’s solid-gold fur, of course.

Once an asset held by Three Arrows Capital (3AC), a crypto hedge fund wiped out amid the widespread market tumult of 2022, the NFT is accompanied by other pieces of digital art. Those include two, gold-furred NFTs from Yuga’s Mutant Ape Yacht Club collection and a depiction of a dog from Yuga’s Bored Ape Kennel Club line.

Read more: https://decrypt.co/233775/sothebys-gold-fur-bored-ape-nft-auction

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Fine Art NFTs

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Source: blockchainreporter.

A deep dive into Audrey Ou and TRLab’s effect on the fine art industry

Audrey Ou, co-founder and CEO of TRLab, is laser-focused on creating a new fine art experience for buyers and lovers of art. By leveraging NFT technology, Ou is interested in making the traditional fine art industry more accessible to a new generation of collectors. 

Audrey Ou has always loved art, beginning when she was a child and growing up, as she worked at the Rockbund Art Museum, which her parents founded in 2010. Through experiences at various technology companies, Ou ended up becoming involved in TRLab, a fine art platform designed to work with technology. 

Read more: https://blockchainreporter.net/fine-art-nfts/

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XCOPY: THE DEFINITIVE NFT ARTIST SHAPING DIGITAL CULTURE

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Source: NFT CULTURE

XCOPY is not merely a participant in the realm of digital and NFT art; he is a provocateur, a visionary, and arguably the most influential NFT artist to date. His profound impact stretches across artistic, technological, and cultural domains, making this comprehensive overview essential for understanding the breadth of his contributions to contemporary art and digital culture.

CULTURAL VANGUARD: XCOPY’S EARLY ADOPTION AND ITS IMPACT

XCOPY’s early forays into digital art were not just pioneering; they were prophetic. His engagement with digital media and NFTs from their nascent stages positioned him as a key influencer in shaping what the medium would become. By adopting and advocating for NFTs early on, XCOPY helped propel the technology into the spotlight, demonstrating its potential to revolutionize the art world. His early pieces, often reflecting themes of dystopia, techno-anxiety, and existential dread, resonated with a growing audience that found in his art a mirror to the digital age’s complexities.

Read more: https://www.nftculture.com/nft-news/xcopy-the-definitive-nft-artist-shaping-digital-culture/

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