NFT

NFTNews

Crypto group shamed for spending $3m on ‘Dune’ book, mistakenly believing it had acquired copyright to produce NFTs

The group Spice DAO planned to sell NFTs based on the contents of the book, which details Alejandro Jodorowsky’s ambitious but failed adaptation of Frank Herbert’s sci-fi novel

As the direct-to-consumer model for selling art gains ground, where does it leave traditional dealers?

As peer-to-peer trading disrupts the market, bricks-and-mortar galleries must reconsider what they offer collectors

NFTBlog

Caviar with your crypto? World’s ‘first NFT restaurant’ planned in New York

Access to the members-only restaurant will be available only to holders of limited-edition non-fungible tokens

NFTs IRL: Seattle to be home to first museum dedicated to blockchain art

New institution will include exhibitions about digital art, as well as QR codes for visitors to view NFT works

Boris Johnson becomes an NFT: artists react to scandal of leader attending parties during Covid lockdowns

Cold War Steve depicts UK prime minister hiding in a fridge in his interpretation of "Partygate" while David Shrigley labels him an "arsehole"

NFTNews

British Museum banks on Turner NFTs after Hokusai initiative

Prices for Ultra Rare editions start at €4,999 but museum sales percentage remains under wraps

Who will be the gatekeepers of digital art?

Museums, curators and art professionals endorse traditional art, but who will be the gatekeepers for the online world?

Art marketAnalysis

Get ready for the new world order: art market experts make their predictions for 2022

US dominance, industry collaborations and increased concern about climate change are all on art market experts’ minds—and, of course, NFTs

The 'Wild West' of finance: governments want to regulate NFTs and cryptocurrencies, but first they have to catch up

This booming but unregulated market is under scrutiny in the US and UK, but legislation is lagging behind innovation

Art marketAnalysis

Have price and value in the art market parted ways for good?

In the current climate, where a teenaged NFT artist can sell for $2.9m and Old Masters have fallen out of fashion, the fickle art market has become the presiding judge of aesthetic achievement

Christie’s 2021 sales total $7.1bn, with $150m from NFTs and $103.4m from the most expensive work sold this year, a Picasso

Results are the highest since 2015 and come in just behind Sotheby’s $7.3bn. Hong Kong expansion plan will continue despite Beijing crackdown, as auction house "separates what is political and what is business"

NFTBlog

Crypto crochet: digital replica of cardigan worn by pop star Harry Styles auctioned as NFT

The Watermelon Sugar star's knitted garment, designed by JW Anderson, became an internet sensation last year

Art marketAnalysis

NFTs, Banksy and Asia’s ascent: 2021, the year the art market was turned on its head

The past year will mostly be remembered for the ongoing social and economic convulsions caused by Covid-19. But in the art trade, the old world order was being demolished

NFT project sells for $91.8m, debatably achieving the highest price ever for a work by a living artist

Sales of the new project by Pak point to increasing gamification in the NFT market, though the superlative total sum comes with a number of caveats

Art marketAnalysis

The end of 'isms': is the art market the most powerful movement of the 21st century?

The inexorable rise of the art market this century has put paid to art movements

Pace Verso sells DRIFT and Don Diablo NFT for $550,000 at Art Basel in Miami Beach

The buyer of the work is a digital native who will loan it to a European museum for an exhibition later this winter

Art and crypto: a marriage made in Miami

As the mayor pledges to move Silicon Valley to the city, Art Basel in Miami Beach ramps up its NFT offerings

NFTNews

Nagel Draxler gallery to launch Berlin space dedicated to NFTs and blockchain-related art

Curator, dealer and NFT artist Kenny Schachter will inaugurate the gallery in January

‘Fearless Girl’ sculptor mints NFTs to cover legal fees in rights dispute

A lawsuit between Kristen Visbal and State Street Global Advisors over rights to the viral statue has dragged on for nearly three years

'May the image rights be with you': Artists claim Art Wars sold NFTs linked to their designs for Stormtrooper helmets without their permission

The online project was launched earlier this year by the London-based artist and curator Ben Moore, with NFTs based on his previous project which saw major artists design Stormtrooper helmets

Pace to launch a custom-built NFT platform

Pace Verso launches on 22 November with digital artworks from Lucas Samaras’s 'XYZ' series.

Founder of Hic et Nunc pulls the plug on the leading digital art marketplace—but its half a million NFTs live on

Projects such as the Whitworth gallery’s NFT of a William Blake watercolour are now available on other platforms

Art Basel in Miami Beach to host first 'interactive' NFT exhibition in new collaboration with blockchain Tezos

Show will be accompanied by a talks programme at the Florida fair next month, while visitors will be able to create an AI “generative self-portrait" which they can mint as a takeaway NFT

Art X Lagos puts NFTs by African artists in the limelight

Nigeria's contemporary art fair, on until Sunday in physical form and online until 21 November, has partnered with Superrare to show digital works by artists such as Youssef El Idrissi, Linda Dounia and Rendani Nemakhavhani

Not so metadiverse: women account for just 16% of NFT art market

ArtTactic report reveals a “winner takes all” market for NFTs, with 16 artists generating 55% of sales

NFTNews

NFTs of Marvel book legend come to auction

Portraits of Stan Lee, a Marvel comic book writer and publisher, will be auctioned as NFTs on the Mogul platform

Putting 'trust' back into the art market: South Asian group show inaugurates unusual Mayfair gallery

Exhibition Hawala is the first show at Paradise Row Projects, a one-year, not-for-profit commercial space in London

NFT art sales hit $3.5bn so far this year—but market is still volatile

The latest Hiscox Online Art Trade Report finds that this booming asset class benefitted from a late-summer surge

Atlantis hotel in Dubai hosts major blockchain summit

Middle East's new blockchain hub will see art world leaders meet with angel investors with crypto regulations high on agenda

Could the energy-hungry NFT undo the art world's attempts to become more sustainable?

The pandemic has encouraged the art world to embrace the digital—and its ability to reduce carbon emissions

Art collector sues NFT platform Nifty Gateway over Beeple auction

Amir Soleymani, who has had his Nifty account and assets frozen, has accused the platform of changing its terms of sale

‘It doesn’t stop with Putin’: Pussy Riot release NFT to mark almost ten years since members were sentenced to two years in Russian penal colony

NFT is based on the art collective’s court sentencing documents and recalls their 2012 Punk Prayer performance in Moscow’s Russian Orthodox cathedral

British Museum to sell NFTs of 200 Hokusai works—including The Great Wave

The institution has partnered with French start-up LaCollection to auction the non-fungible tokens, coinciding with its exhibition of the Japanese artist's work

A new flavour of non-fungible token: Vito Schnabel launches an NFT auction platform

ArtOfficial, developed with help from Gary Vaynerchuk, "aims to broaden the experience of digital art" and make its purchase more accessible and transparent

Galerie Nagel Draxler presents ‘Crypto Kiosk’ of NFTs at Art Basel booth

The satellite fair Photo Basel is also offering digital photographic NFTs for sale

NFTNews

Dread Scott's NFT White Male For Sale, a critique on slavery, to be auctioned off at Christie’s

The work features a 1:10 loop of a business-class white man standing on an auction block

NFTNews

‘We have no doubt NFTs are art’: after selling tokenised Leonardo, Hermitage plans exhibition of born-digital works

Russian museum will look beyond the market hype to address deeper questions about "the specific possibilities of this medium", says contemporary art curator Dimitri Ozerkov

Were Banksy and Pranksy both pranked in $330,000 NFT sale?

NFT of a smoking punk appeared to link to Banksy’s website but the webpage was swiftly removed, prompting rumours of a hack

Immersive, interactive and a great way to display NFTs: Falko Alexander Gallery’s expansive VR exhibition

With its first virtual venture, an emerging gallery in Cologne removes the barrier between real life and virtual reality

Hermitage museum mints Leonardo, Monet, Van Gogh NFTs to raise funds

The Russian museum had to overcome country's stringent restrictions on cryptocurrencies

Lost artFeature

Lost Art: Do NFTs mean the end of real-world art?

The digital works can be seen as just the latest overhyped trend, or the newest incarnation of using technology to create art

NFTNews

The Whitworth gallery in Manchester mints a William Blake NFT in aid of community causes

The museum will track the activity of the crypto work for the next two years for a 2023 exhibition on art economics

NFTNews

The Art Exchange offers tech-savvy, young and up-and-coming art

New marketplace launches with digital works created as non-fungible tokens—with more to follow

Paid for byThe Art Exchange
NFTFeature

Inside the 'world's first NFT residency': two artists, Tinie Tempah, and a mansion on the French Riviera

What happens when a rapper, a painter and an art fair director get together in a swanky hotel to make digital art?

How a crypto and digital art fair is using Instagram to show—and sell—works

CADAF has opened its second online edition but the social media app—paired with QR codes and AR filters—is helping the fair to physically interact with visitors in Paris

Sotheby's to offer Tim Berners-Lee's original code for world wide web as (you guessed it) an NFT

Berners-Lee says NFTs are the "ideal way to package the origins behind the web"

Art marketComment

Jobs for the boys…why I'm starting to feel old amid the new art world order

The thrusting land of NFTs and tech nomads favours the young—and has yet to shake off the old ties of nepotism

Art marketAnalysis

From sneakers to Pokémon cards: here are five of the hottest collectibles

With baseball cards selling for $5.2m each and Twitter co-founder Jack Dorsey’s first ever tweet making $2.9m, people will collect anything if its rare and makes them nostalgic

DiaryBlog

No Fear in Trying: Unit London gallery launches NFT trading platform

Kenny Schachter will curate a physical exhibition of NFT art in the Mayfair space

Artist Khaled Jarrar is selling handfuls of soil from Palestinian farmland—and has turned them into NFTs

The work draws attention to the desertification of agricultural land in Palestinian territory

Unlike Elon Musk, Ora-Ora gallery will be accepting Bitcoin at Art Basel in Hong Kong

The Hong Kong gallery will be among the first to use the new form of payment at the fair

NFTNews

Contract Killers: artist Nancy Baker Cahill challenges the efficacy of the 'smart contracts' behind NFTs with an augmented reality project

The environmentally conscious project considers broken and violated social contracts in the artists space and in society as a whole

NFTAnalysis

NFTs and colossal prices have turbocharged the art market—but has something died in this 'second renaissance'?

As people pay eye-watering crypto-sums for digital art, many see losses as well as gains in this brave new intangible world

How a new digital art market could mimic the traditional one—including in bad ways

The new breed of art buyers are likely to need administrators, curators and lawyers much like those in the conventional art world

Basquiat NFT withdrawn from auction after artist’s estate intervenes

“No licence or rights were convened to the seller,” estate says

NFTNews

Basquiat drawing to be auctioned as an NFT—and winning bidder will be given the option to destroy the original

Drawing is being sold in an auction sponsored by the firm behind David Bowie’s online bank

Art marketAnalysis

NFTs in IRL: the rise of digital art galleries in physical spaces

Bricks-and-mortar commercial spaces are bringing crypto art to life, "providing an experience beyond the artwork living on a cell phone”