Tag: artists

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…

Damien Hirst says NFTs are changing the world. In an exclusive interview with Cointelegraph, the British contemporary artist noted that they are like “the invention of paper.” Speaking in London with Andrew Thurman of Cointelegraph, Hirst presented his “The Currency” artwork collection, the pile of boxes containing 10,000 sheets with unique paintings created in 2016,…