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NFTs and Art: A New Relationship

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Source: Analytics Insight

MenuSearchSearchLatest NewsNFTsNFTs and Art: A New RelationshipParvin MohmadJune 13, 2023 2 mins readNFTs-and-Art-A-New-RelationshipEverything you need to know about the new relationship between NFTs and artThe scope of NFTs and art has expanded, and there is now something known as NFT Art. You may support your favorite artists while also having the opportunity to buy a piece of artwork with NFT Art. Digital artists benefit by purchasing and selling these works of art at exorbitant rates.

What is NFT Art?

NFT, which stands for Non-Fungible Token, is a one-of-a-kind cryptocurrency token. Cryptocurrencies like Bitcoin are fungible tokens because they can be exchanged. NFTs are non-fungible, meaning one NFT cannot be traded for another. Each NFT is unusual and one-of-a-kind, which is why they are valuable. So, NFT is a tradable digital asset. NFTs might be in the form of artwork, music, film, or even a meme. These NFTs can be sold on NFT marketplaces for prices more excellent than the initial pricing.

Read more: https://www.analyticsinsight.net/nfts-and-art-a-new-relationship/

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Urban Aboriginal art takes centre stage at the 2024 Sydney Biennale

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Source: Financial Times

Search for the origins of contemporary Indigenous art in Australia and the answer is surprisingly specific: the Northern Territory town of Papunya, c1971, with a depiction of the Honey Ant Dreaming ancestral tale in a large-scale mural. This was the birth of “dot painting”, the reproduction on paper or canvas of traditional styles of sand and body ceremonial art, and it brought global fame to artists such as Clifford Possum Tjapaltjarri and Kaapa Tjampitjinpa.

In the minds of many outside Australia, Aboriginal art, both old and new, is linked to remote areas of the country. Yet contemporary Indigenous art has always had an urban side, most notably in Queensland art schools in the 1980s, where students included Tracey Moffatt, who became the first Indigenous artist to represent Australia in a solo show at the Venice Biennale, and the brilliant Gordon Bennett, who skewered colonial history by appropriating large chunks of western art.

Read more: https://www.ft.com/content/d819b351-4e98-4ee8-978e-3916bcf2baf8#comments-anchor

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Study for portrait Winston Churchill disliked goes on show at his old home

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Source: The Guardian

An intimate study of Winston Churchill that has been in private hands for seven decades has gone on show in the room at Blenheim Palace in which Britain’s most famous prime minister was born, before being auctioned in June.

It was the work of Graham Sutherland, one of the most highly regarded artists of his time. Sutherland was commissioned to paint Churchill by the Houses of Parliament to mark the wartime leader’s 80th birthday in November 1954.

Read More: https://www.theguardian.com/uk-news/2024/apr/16/study-winston-churchill-portrait-disliked-auction-graham-sutherland

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Art Paris leans into its Frenchness for 2024 edition, with rising talents in the spotlight

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Source: euronews.culture

For its 26th edition, Art Paris is leaning into its Frenchness and putting a spotlight on the diversity of the French art scene. The contemporary and modern art fair continues to give a platform to rising talents.

As Paris settles into its role at the centre of Europe’s art market, ‘Art Paris’ is trying to build on the momentum the French capital has enjoyed in recent years.

After welcoming a record 81,857 visitors in 2023, this year the contemporary and modern art fair features more stands than ever before – with 136 galleries representing 25 countries.

Close advertisingBut the fair has maintained its identity as a “local” art fair, with 60% of exhibiting galleries remaining French.

Read more: https://www.euronews.com/culture/2024/04/05/art-paris-leans-into-its-frenchness-for-2024-edition-with-rising-talents-in-the-spotlight

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