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“# UN chooses NFT marketplace host in efforts to fight climate change ” The United Nations has selected blockchain platform Unique Network to run a nonfungible token (NFT) initiative in the effort to inspire others to take action against climate change. According to a Tuesday announcement, Unique will be the lead technology partner for a…
“#Kehinde Wiley Designs New MTV Moon Person Trophy” American artist Kehinde Wiley has designed a new version of the iconic MTV Moon Person Trophy, as Rolling Stone points out. The updated statuette was created as part of MTV’s 40th anniversary celebration. Wiley’s Moon Person is adorned with flowers and green vines, and “represents inclusivity and…
“#Medusa sculpture honoring Me Too vandalized in NYC again” What a snake. A vandal defaced a Medusa statue that stands as a tribute to the #MeToo movement in Manhattan — causing thousands of dollars in damage for the second time in recent months, The Post has learned. The destructive jerk snapped a bronze sword off the…
“# Crypto unicorn Amber Group launches NFT creator studio with TR Lab ” Crypto-finance unicorn Amber Group has partnered with TR Lab to launch a new initiative to help creators access the booming NFT market, highlighting once again the rapid uptake of digital collectibles in various industries. The CreatorFi initiative was unveiled Wednesday as a…
“# Binance and Russian museum to tokenize Da Vinci and Van Gogh paintings ” Binance’s NFT marketplace has announced it is teaming up with the Saint Petersburg-based State Hermitage Museum to issue tokenized collectibles depicting the works of renowned artists including Leonardo da Vinci and Vincent van Gogh. On July 27, Binance revealed it is…
“# The future of art? World-famous artists delve into NFTs ” For millennia, the world of art has remained unchanged for the most part. The tradition has always revolved around artists selling their work to museums, galleries, or individual collectors. In return, the artist would get a market value for their work which was often…
“# Nonfungible tokens from a legal perspective ” A nonfungible token (NFT) can be both a representation of a physical or digital asset that only exists on the internet — a programmable piece of art. It provides ownership of an underlying asset, like a painting, and it can also represent a digital asset in the…
“# Damien Hirst’s ‘Currency’ NFT drop more than 6X oversubscribed ” Leading contemporary artist Damien Hirst’s NFT drop dubbed “The Currency” has been oversubscribed by more than six times. The Currency drop consists of 10,000 unique colorful dot pattern artworks with a corresponding NFT for each piece. Applications for the NFT drop closed on July…
“#Louvre plans to sue Pornhub over X-rated art theft” They didn’t Louvre this idea. Museums might be filled with NSFW artworks, but that doesn’t mean they want them porno-fied without permission. Online skin bazaar Pornhub is facing legal action from the Louvre and other institutions over a steamy new interactive website in which porn stars…
“# Chinese artist showcases NFT real estate at Alibaba-sponsored innovation festival ” This year’s Taobao Maker Festival — an annual event celebrating Chinese art and entrepreneurship hosted by the Alibaba-owned e-commerce platform Taobao — will showcase nonfungible tokens (NFTs) for the first time. This year’s event will see decentralized application platform Near Protocol team up…