Connect with us

NFT

The NFT Market Has Crashed. What Should Artists Do Now?

Published

on

Source: Coin Desk

In the wake of the NFT market’s multi-year downturn, many artists who once thrived are now navigating a challenging and uncertain landscape. The NFT market had experienced exponential growth in recent years before it stumbled, leaving artists to question whether digital artwork is still a viable avenue for success.

However, amidst this uncertainty, there are opportunities for artists not only to endure but to thrive. As new technologies continue to emerge for the distribution of art, it is crucial for artists to focus on methods that enable them to promote and sell their work long-term, regardless of the state of any market.

Read more: https://www.coindesk.com/consensus-magazine/2023/10/31/the-nft-market-has-crashed-what-should-artists-do-now

NFT

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

Published

on

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

Continue Reading

NFT

Fine Art NFTs

Published

on

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/

Continue Reading

NFT

XCOPY: THE DEFINITIVE NFT ARTIST SHAPING DIGITAL CULTURE

Published

on

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/

Continue Reading

Trending