NEW YORK, NEW YORK – JUNE 28: Digital artist FEWOCiOUS auctions five new unique NFT works of art, … [+] along with five physical paintings and never-before-seen drawings in a collection titled “Hello, i’m Victor (FEWOCiOUS) and This Is My Life” at Christie’s on June 28, 2021 in New York […]
NFTs
NFTs recognised as ‘legal property’ in landmark case
The UK’s High Court has recognised NFTs (non-fungible tokens) as “property” in a case which is likely to have far-reaching implications for disputes involving digital art. The action was brought in March this year by Lavinia Osbourne, the founder of Women in Blockchain Talks, who claimed that two digital works […]
Fine Art and NFTs Meet at Cosmic Wire
Marina del Rey-based startup Cosmic Wire, which works with content creators to monetize intellectual property using blockchain technology, is making a foray into the international art world with the purchase of Dubai-based ArtsGalore. Cosmic Wire announced the $31.5 million acquisition March 28. As part of the deal, ArtsGalore founder Mohamedali […]
How NFTs Can Move Beyond Arts and Entertainment
NFTs are all the rage. These digital tokens—often associated with digital art and collectibles, songs, videos and designs—are everywhere, but they are more than novel art. In fact, NFTs may offer solutions, at least in part, to some of society’s challenges. Simply put, an NFT (short for nonfungible token) is […]
Art Industry News: Pussy Riot’s Founder Is Selling 10,000 NFTs to Aid Ukrainian Civilians + Other Stories
Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know this Friday, February 25. NEED TO READ Mexican Activists Hack Viennese Museum’s Audioguide – Documentary filmmaker Sebastián Arrechedera and publicist Yosu Arangüena covertly […]
Art Industry News: A London Art Gallery Is Selling Classic Masterpieces From Italian Museums as NFTs + Other Stories
Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know this Friday, February 11. NEED-TO-READ How the Brooklyn Museum Conquered Fashion Shows – The Brooklyn Museum’s senior curator of fashion and material culture, Matthew […]
As NFTs flourish, U.S. Treasury raises alarm over money laundering in art
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A visitor takes a photo in front of a video installation “Glows in the Night” by Chinese contemporary artist Yang Yongliang, which will be converted into NFTs and auctioned online at Sotheby’s, at the Digital Art Fair, in Hong Kong, China September 30, 2021. REUTERS/Tyrone Siu Register now for FREE […]
Art Industry News: Kanye West Is Sick and Tired of People Asking Him to Do Gosh Darn NFTs + Other Stories
Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know this Tuesday, February 1. NEED-TO-READ Natural History Museum Workers Push to Unionize – Nearly 200 staff members at New York’s American Museum of Natural […]