The Guggenheim Museum has just announced a new initiative, in collaboration with electronics company LG, which marks the museum’s dedication to the burgeoning field of digital and technology based art.
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Tag: Digital Art
Teenager Nyla Hayes makes nearly $7 million selling her NFTs of prominent women
A thirteen-year-old has made nearly $7 million by selling NFTs of her illustrations of women which are designed to incorporate the designer’s trademark long necks. Hayes’ drawings include a number of famous women, both historical and living, such as Michelle Obama, Virginia Woolf, Ruth Bader Ginsburg, Greta Thunberg and Frida Kahlo. Hayes has said that the trademark long neck was inspired by her love as a child of brontosaurus dinosaurs.
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NFT artist FEWOCiOUS sells $19 million (£14.5 million) of digital art in 24 hours
Over the course of a mere 24 hours, NFT (non-fungible token) artist FEWOCiOUS has sold a staggering $19 million (£14.5 million) of his digital artwork. The limited public sale is the third-highest grossing in the history of the NFT marketplace Nifty Gateway.
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Contemporary artists create exclusive NFT art for new platform
In the last year alone, the explosive success of NFTs (non-fungible tokens) has left many in the contemporary artworld baffled to say the least. But is crypto-art really ushering a new age of creativity or does it simply lack substance?
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NFT platform OpenSea valued at more than $13 bn following 2021’s boom in digital art
One of the most popular platforms for non-fungible tokens (NFTs), OpenSea, revealed in a blog post last week that the company is now valued at $13.3 billion. The company, which was founded in 2017 by entrepreneurs Devin Finzer and Alex Atallah, has had a hugely successful year, with NFTs becoming the latest craze in the art world.
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International project to digitally reunite looted Benin treasures
As many as 5,000 treasures that were looted from the former kingdom of Benin will be digitally reunited over the next two years. The ambitious international project is spearheaded by the Museum am Rothenbaum in Hamburg with the support of the Benin Dialogue Group. Continue reading
Art for art’s sake, Money for God’s sake
Author: Tom Broadhurst
Last century I heard Paul Goldstein’s then provocative view – that the Internet and digital revolution would be the death of copyright. Others have said similar things but this decease of copyright has not happened – copyright still robustly thrives in the digital arena and is vital in the visual arts. In 2011 an estimated £70M of licensing revenue went to writers and artists (see p. 5 of the report ‘An economic analysis of copyright‘). Continue reading
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