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“# Sotheby’s will take ETH bids in real time for Banksy auction ” Prestigious auction house Sotheby’s has announced it will accept Ethereum (ETH) bids in real time for its Nov. 18 auction that includes works by famed street artist Banksy. Sotheby’s claims this will be the first time an auction house has accepted crypto…
“# ‘Invisible Aether’: World’s largest museum launches NFT art exhibition ” The Russian State Hermitage Museum continues diving in the nonfungible tokens (NFTs) industry by debuting its first fully-virtual exhibition of digital art. Shortly after raising over $400,000 via its first NFT auction on Binance in September, the Hermitage is now hosting a free exhibition…
“#Radiohead share trailer for Kid A Mnesia Exhibition” The “upside-down digital/analog universe” will be free to download for Playstation 5, Mac, and PC starting next Thursday. Radiohead released new details about its upcoming Kid A Mnesia Exhibition today and shared a trailer. The exhibition will accompany the Kid A Mnesia album, a 21st-anniversary reissue of…
“# Beeple’s Discord compromised, timed to coincide with Christie’s auction ” An admin account for Beeple’s official Discord group was compromised overnight resulting in a fake NFT drop that saw users lose an estimated 38 ETH. An admin from Beeple’s Discord named “Multi” confirmed to the group on Nov. 10 that their account had been…
“# Beyond the NFT hype: Creating lasting business models for artists ” It could be argued that nonfungible tokens, or NFTs, have been a concept since 2012. For instance, the inception of “Colored Coins” in 2012 may have laid the groundwork for NFTs today, as this project demonstrated how the Bitcoin (BTC) blockchain could be…
“# Upgradable NFTs: How collaborations will leap forward ” Artist collaborations are an undeniable cornerstone of modern pop culture. The confluence of creative minds ultimately captured in a single artwork is something that has perpetually aroused audiences, critics and the creative community. Take “The Marilyn Diptych,” by American pop art pioneer Andy Warhol. The iconic…
“# Adobe offers users the ability to verify NFT marketplace creations through metadata ” Many nonfungible token marketplaces are allowing digital collectors to identify artwork based on the wallet address of the creator through a partnership with software giant Adobe. In an Oct. 26 announcement, Adobe said it would be partnering with major nonfungible token,…
“# Rarible and Adobe form partnership aimed at protecting NFT creators ” Software giant Adobe is trying to make it easier for nonfungible token, or NFT creators to prove they are the artists behind their work by linking social media profiles and crypto wallet addresses. In an Oct. 26 announcement, NFT marketplace Rarible said it…
“# SuperRare has fewer buyers, but they purchase more expensive NFTs, data shows ” NFT marketplace SuperRare has set a new monthly record of $31.4 million for total sales volume with a week to spare until the end of October, according to Dune Analytics. SuperRare is a single-edition Ethereum (ETH) NFT marketplace, where collectors can…
“# Buyers shell out $7M for unseen NFT collection ” Nonfungible token (NFT) investors have poured $7 million into a dutch auction that sold 50 tokens conferring ownership over digital artworks that will not be minted until December. Tyler Hobbs, the artist behind the popular NFT series Fidenza, will launch 100 one-a-kind digital artworks in…