NFT artists do not sell “digital art objects.” They are selling a story
“It’s very clear to us in the last few days that NFTs may not be the future right now,” quipped one of the hosts of the...
Tagged: artnet news
The Art Angle Podcast: What does the future of NFTs look like now?
Welcome to Art Angle, an Artnet News podcast that delves into the places where the art world meets the real world, bringing each week’s biggest story...
Damien Hirst’s ‘The Currency’ was a referendum on NFTs vs. IRL Art. Here are the results
The results are in. A year ago, Damien Hirst announced a cheeky plan to “challenge the concept of value through money and art,” forcing buyers of...
Damien Hirst will see his own drawings burn in the culmination of his Grant NFT experiment ‘The Currency’
Damien Hirst is famous for submerging a dead shark and a bisected sheep in tanks of formaldehyde, but he says his new NFT project is his...
Top NFT Marketplace OpenSea lays off 20 percent of its employees as they prepare for a “prolonged downturn”
OpenSea’s employees feel the cold of the crypto winter. Months after the recent cryptocurrency crash, OpenSea, which is considered the world’s largest NFT marketplace, has laid...
An NFT sale at Christie’s brought in $ 1.6 million, giving digital art collectors some hope in the wake of the cryptocurrency
A sale of NFTs by Beeple, Mad Dog Jones and other artists brought in $ 1.6 million at Christie’s last night, which only exceeded the auction...
Screen time well used? Meet 6 teenage NFT superstars whose names – and eye-catching prices – you need to know
The lure to make money is strong, but for many in Gen Z, digital is not just a speculative pump and dump. It is the driving...
Calder Foundation wants to Gamify art history with a new Web3 experience that awards official NFTs to winners
Alexander SC Rower, the grandson of the artist Alexander Calder and president of the Calder Foundation, is a self-proclaimed NFT skeptic. He had posted a number...
In a sign on top … Something, a 2017 bottle of champagne that came with a boring monkey NFT, sold for $ 2.5 million
Although the market for NFTs seems to be booming in the middle of a crypto winter, two Italian brothers have just bought a bottle of $...
What does your crypto wallet say about you? Artist Ian Cheng creates a series of algorithm-based NFT portraits
In August, American artist Ian Cheng will explore the depths of metaverse psychology, pairing generative art with blockchain technology for a new NFT portrait series. “3FACE”,...