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NFTs Have Changed the Art of the Possible

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Source: Wired

Non-fungible tokens (NFTs) turn anything into something that can be digitally collected and traded, from a meme to the source code of the World Wide Web. In 2021, NFT art skyrocketed, with Beeple (aka Mike Winkelmann) becoming the third-most valuable living artist after David Hockney in terms of auction prices, following his $69.3m (£50.2m) sale at Christie’s.

But the winner’s medal belongs to community NFTs such as Cryptopunks, whose 10,000 algorithmically generated artworks surpassed $1bn (£725m) in sales since they were first given away for free less than five years ago. With collectors banking returns of nearly one million per cent on their investments, it’s no wonder artists, auction houses and even organisations like the US National Basketball Association, which owns digital clips of games, are getting involved.

Read More: https://www.wired.co.uk/article/nft-art-world

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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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Welcoming Art Blocks to our NFT marketplace!

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Source: KRAKEN blog

Art Blocks is perhaps most well known for the Chromie Squiggle by Snowfro collection, project #0. A 10,000-piece collection created in October 2020, it has generated over 75,000 ETH ($171M USD) in trading volume.

Some other well known Art Blocks collections include Fidenza by Tyler HobbsRingers by Dmitri CherniakMeridian by Matt DesLauriers and Anticyclone by William Mapan.

Art Blocks’ three main categories

1. Curated Collections
These collections are carefully selected by the Art Blocks team for their innovation, artistic integrity and contribution to the field of generative art. The Curated Collection is a showcase for what is possible in the realm of algorithmic art, highlighting premier artists and groundbreaking projects.

Read more: https://blog.kraken.com/product/nft/welcoming-art-blocks

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Thought NFTs were dead? A piece of pixelated art just sold for $16 million.

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Source: Yahoo Finance
  • Someone bought a CryptoPunk NFT for 4,500 ETH, or about $16 million.
  • It’s the second-most expensive CryptoPunk NFT sale ever by dollar amount.
  • The buyer outbid another offer for 4,250 ETH, or about $14.5 million.

Remember NFTs? Someone just bought one for roughly $16 million.

A bidder paid 4,500 ether for CryptoPunk #3100, one of the series’ nine “Alien Punks” non-fungible tokens. On Monday, the price of ether hovered at about $3,556 per token, which makes the March 4 sale the second-most expensive CryptoPunk sale.

Read More: https://uk.finance.yahoo.com/news/thought-nfts-were-dead-piece-033541918.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAMAZTyNgW6ENBN6ZQeciu4lTwKGOEPkE5uWwaW2FOkiDIh7eYT33hYfpTTaJSiLBTK7ge84tUXGsRiY7sTgtjhcoTZgn7D4XEoVdK0_3hESec6lJ1m3XTS3DeOqq9ZhPvOTX-l7_3f0wFiZwPegTWX4Ig4h5Yd7YpB5H5RPfAb7V

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