Museums, galleries, and alternative spaces in the metaverse

Enter the marble hall at Musee Dezentral, and you’ll be greeted by tall ceilings, exquisite columns, classical sculptures, and a palatial water fountain. But as in most museums, the main draw is the art on the walls. In this first hall—the Hall of Fame—you’ll find NFTs, or non-fungible tokens, from now-iconic crypto art collections: CryptoPunks,… Continue reading Museums, galleries, and alternative spaces in the metaverse

Amplifying voices and causes through NFTs

As the world watched the invasion of Ukraine, artists worldwide rallied together to help, with many using NFTs, or non-fungible tokens, to provide aid. In early March, UkraineDAO, a decentralized autonomous organization, released an NFT of the Ukrainian flag, raising $6.7 million for relief. In 72 hours, the sale drew more than 3,200 individual contributions.… Continue reading Amplifying voices and causes through NFTs

Diving into the history of digital art

In 1985, Andy Warhol received an Amiga 1000 home computer, created by Commodore. At the launch, he was joined on stage by Debbie Harry and proceeded to draw her portrait using the then-new ProPaint software. He went on to create several digital drawings with the computer, including a Campbell’s soup can, but many of them… Continue reading Diving into the history of digital art

What to consider when collecting NFTs: Appraisals and investments

In October 2020, an art collector named Pablo Rodriguez-Fraile bought a 10-second video art piece for $66,666.66. In February of 2021, he resold it for $6.6 million. You might not have heard of the artist who created the video a year ago, but chances are, you’ve heard of him since. By March, Mike Winkelmann, known… Continue reading What to consider when collecting NFTs: Appraisals and investments

Why it’s time to start collecting NFTs and how to get started

From Eric Young, who’s invested more than $1 million in NFTs, to Colborn Bell, who estimates he’s spent approximately $400,000, NFT collectors have taken the art world by storm. In recent months, Young famously resold three of his pieces, including two by Mad Dog Jones; initially purchased for $700 for both, he later sold those… Continue reading Why it’s time to start collecting NFTs and how to get started