Tag: art

People purchase NFTs for various reasons, but according to a new survey from CoinGecko, the majority buy them for utility and long-term profits. Utility and long-term profits have been ranked as the top reasons for buying nonfungible tokens (NFTs), according to a survey conducted by CoinGecko and Blockchain Research Lab. An April 10 CoinGecko report found most considered how…

A new exhibition targeting the intersection of art and blockchain will open this spring at the Centre Pompidou, home of the first collection of modern art in Europe. Paris’s leading contemporary art museum, the Centre Pompidou announced on Feb. 10 an upcoming permanent exhibition targeting the intersection between art and the blockchain represented by nonfungible tokens…

Morningstar Ventures, an investment firm focused on blockchain technology and digital assets, announced the opening of 37xDubai, its first-ever interactive digital art gallery in central Dubai. Located in the Burj Daman Tower, the city’s lifestyle and business hub, this unique NFT art gallery has been established to promote Web3 technology and Web-3-based education, digital/traditional art,…

Mike Winkelmann, a digital artist, also known as Beeple, is planning to build his own museum in the US to exhibit digital art, including NFTs. Known for his record-breaking sale of NFT artwork at a Christie’s auction, the artist is now aiming to bring the NFT world to a broader audience by establishing a real-world…

Generative art is a digital art style in which artists use algorithms as a tool. It’s been adopted by NFT artists on platforms like Art Blocks, writes Ben Munster on Decrypt. In brief Generative art makes use of machine learning and blockchain-native randomness to produce striking, unpredictable art. At the height of the NFT boom…

Not every digital artwork needs to be an NFT. After all, NFTs can already do so much more, notes Abigail Carlson on Decrypt. I had a realization recently while wandering through the Musée Matisse in Nice, France, where I went to see a temporary exhibit on David Hockney. If you’re not familiar, Hockney is considered…