In March of 2021, an artist who goes by the name neitherconfirm listed 26 NFTs for digital portraits. Then, the same artist switched out the image files and replaced them with photos of carpets. The move was a harmless in-joke referencing the idea of a “rug pull,” a term used to describe a type of… Continue reading How to safeguard your artwork or art collections on the decentralized web
Category: transparency
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Everything you need to know about DAOs
From high-profile art collecting funds to ambitious artist collectives, the world is abuzz with talk of decentralized autonomous organizations—or member-owned communities made possible by blockchain technology. For the uninitiated, a DAO is exactly what it sounds like: a group of people operating in service of a common goal without a centralized authority, such as a… Continue reading Everything you need to know about DAOs