NFT

Art Decodedanalysis

NFTs use 'smart' contracts—but what exactly are they?

The sale of works on the blockchain inscribes "promises" within the code—but it is not that simple

After the Kardashian-Marilyn Monroe dress controversy, we ask: what rights do artists have over the future care of their work?

Images of the famous dress allegedly damaged by Kim Kardashian at the Met Gala have prompted fresh questions about the safeguarding of art and precious objects

Art marketcomment

Recession is likely—and the art market is not immune

It might take a little longer in our world for the bad news to feed through, but feed through it will

Crypto crash or burn? Damien Hirst to set his paintings on fire for NFT project

Artist will destroy thousands of his works at Newport Street Gallery in London this autumn

Why are NFT platforms opening up physical gallery spaces?

SuperRare, Superchief Gallery NFT, Bright Moments and Quantum Art have all opened galleries in the US over the past year

Marina Abramovic: 'We need less artists and more heroes'

As the performance artist launches her Circa 2022 commission, she opens up about her father, her new "hero" grants, and why she is dropping her first NFT collection

NFTnews

NFT twist is latest development in saga of contested ‘Leonardo’ painting hidden in a Swiss vault

A painting of a princess possibly by the Old Master has been sold digitally—but questions remain over its provenance, the inherent value of non-fungible tokens and who owns what

NFTnews

Italian government plans to halt digital sales of masterpieces from its major museums

Move follows €240,000 sale of NFT of Michelangelo work, with Uffizi taking a share of the profits

‘No mere monkey business’: creators of Bored Apes NFTs sue artist Ryder Ripps for trademark infringement

The artist defended his series as “a protest against and parody of” the prized monkey illustrations

Museum of Fine Arts, Boston selling NFTs of rarely-exhibited French Impressionist pastels to raise funds for conservation

The museum, which holds the largest French Impressionist collection outside of France, will use proceeds from sales of around 2,000 NFTs to conserve two Degas paintings

Art Basel is not just an art fair, it is a technology platform

The emergence of NFTs has ignited the concept of "platforms" in the art world, but they are already everywhere

NFTnews

Bored Apes, Beeple and Takashi Murakami among the winners at second annual NFT Awards in New York

The awards were given out during the fourth edition of the NFT.NYC conference, which is unfolding amid a major downturn in cryptocurrency markets

NFT apostle Noah Davis leaves Christie’s for CryptoPunks

Davis helped usher NFTs into the mainstream as Christie’s head of digital sales, and has vowed to keep the Punks pure

British Museum presses on minting NFTs despite crypto crash—when will UK museums stop seeing artworks as assets?

This Diary's predictions about NFTs, Brexit and Boris Johnson have all come true. But Britain removing image restrictions on art would be the ultimate victory

'Soho Scammer' Anna Sorokin to sell NFTs

Sorokin joins the many celebrities, from Grimes to Paris Hilton, who are cashing in on the NFT trend

NFTnews

'It shouldn’t be a surprise that easily traded JPEGs are not "safe" assets': artist Sarah Meyohas on the NFT market

The French-US artist is showing a hologram sculpture with Marianne Boesky at Art Basel

NFTnews

Congolese artists mint NFTs to challenge US museum's ownership of indigenous sculpture

The pair have created NFTs of a sculpture made in the Congo but owned by the Virginia Museum of Fine Arts, in response to a disagreement over its loan

NFTnews

Uffizi gallery makes only €70,000 from Michelangelo NFT that sold for €240,000

Deal with Cinello company fuels debate about ownership of Old Master masterpieces in the metaverse age

Crypto crash: what now for NFTs and the art world?

Plus, Norway’s mega-museum and a Spanish-American screen in the Los Angeles County Museum of Art

Sponsored byChristie's

Verse, NFT platform with a former Tate curator in its corner, hopes to bring order to the digital art market

The site's first selling exhibition, a collaboration with 12 leading artists and curators, hopes to bring trusted sources to the mad world of Web3 collecting

Has the NFT art bubble finally burst? Not yet, new data suggests

NFT sales have dropped by 92% since last September, but analysts detect subtle evolutions in the blockchain market

Art crimeanalysis

NFTs are accelerating the pace of art crime—here's how digital sleuths are sharpening their tools to fight wrongdoers online

Lawmakers must now contend with a new era of discord channels, smart contracts and open-source intelligence to combat cyber criminals

NFTnews

NFTs ruled as digital assets after Singapore court freezes blockchain sale of Bored Ape

Collector has won a court injunction to stop the sale of an NFT that was used as collateral against a loan

NFTnews

Tezos blockchain's foundation launches £1m fund to collect NFTs by African and Asian artists

Misan Harriman, the first Black photographer to shoot a British Vogue cover, has been entrusted with the collection—which launches as cryptocurrency markets plummet in value

NFTnews

Material girl in the metaverse: Madonna and Beeple team up on an NFT triptych

Sale profits will go towards three non-profits supporting women and children worldwide

From NFT pets to a dystopian video game, digital art stands out at Nada New York 2022

The New Art Dealers Alliance's fair returns to New York with a massive line-up of 120 exhibitors taking over Pier 36

Major court battle looms over NFT launch of August Sander photographs

Bold move by German photographer’s descendant to put archive on the blockchain sparks copyright row

Rediscovered Schiele painting is turned into an NFT

The work, depicting the artist's uncle at a piano, will also go on long-term loan to Leopold Museum in Vienna

NFTnews

NFTs recognised as ‘legal property’ in landmark case

Victims of NFT thefts are now likely to have greater protection in the UK—though other jurisdictions are lagging behind