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    NEWS FROM THE DIGITAL AND NFT WORLD – 21 APRIL 2021

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    NEWS FROM THE DIGITAL AND NFT WORLD – 21 APRIL 2021

    Every day Art Rights Magazine selects the best news from the world of digital art, to stay up to date!

    1) Picasso and Warhol worth $ 22 million in NFT

    Justin Sun, CEO of the cryptocurrency platform Tron, revealed that he has set up an investment fund that will aim to acquire blue-chip works of art, and then turn them into NFTs. Among the earliest works Sun bought are masterpieces by Picasso and Warhol worth over $ 22 million. Sun said “The JUST NFT Fund was born to build a bridge between top-notch artists and blockchain, to support the growth of native NFT artists.”

    2) Atlanta ABV Gallery, among the first physical galleries to host an NFT exhibition

    ABV Gallery Atlanta’s physical gallery of contemporary art is among the first to host an NFT exhibition. On March 20 he inaugurated “Chain Reaction”, a Crypto Art exhibition in collaboration with Nifty Gateway. The event was a success: all the works were sold, with a maximum bid of $ 45,000 for Victor Mosquera’s “Gemini II”.

    3) NFT prices collapse, but the market does not stop

    Although today – according to a report by NonFungible – Crypto Art fever has subsided and the average price of an NFT work has dropped from $ 4,000 in mid-March to around $ 1,500, these numbers remain 15 times higher than in recent months. Furthermore, two crucial events for the history of cryptocurrencies have recently occurred: the direct listing of the Coinbase exchange on Nasdaq, the largest technology market in the world, and the highly anticipated auction organized by Sotheby’s on the Nifty Gateway platform of the artist Pak .

    So what will the future of the Crypto Art market be?

    NEWS FROM THE DIGITAL AND NFT WORLD – 20 APRIL 2021

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    NEWS FROM THE DIGITAL AND NFT WORLD – 20 APRIL 2021

    Every day, Art Rights Magazine selects the best news from the world of digital art, to stay up to date!

    1)NFT: the best-selling types in the world of art

    A recent study revealed which types of NFTs are best-selling in the world of Crypto Art. The research used the tags on the SuperRare sales platform to determine which ones have a higher selling price.

    In the first place we find “sci-fi” (average price of an NFT $ 7,394), to the second “2d” ($ 6,000) while in the third “space” ($ 5,730). Thus it seems that futuristic, retro and science fiction themes are among the most explored and coveted by collectors. Nifty Gateway, on the other hand, is confirmed to be the leading platform in the sale of NFTs.

    2) “This is a robbery”: the new Netflix docuseries between art and NFT is online

    “This is a robbery” is finally online on Netflix a new docuseries that examines the incredible and unsolved theft of 13 masterpieces (including Rembrandt, Vermeer, Manet, Degas) that disappeared from the Isabella Stewart-Gardner Museum in Boston in March 1990 

    These works, which have long since disappeared into thin air, can finally relive today thanks to the reinterpretations of 13 crypto artists who have imagined and reinvented them in a crypto key.

    The Fabrica de Arte Cubano (FAC), an avant-garde cultural space on the Caribbean island, has launched a new project linked to the world of NFTs, which are now increasingly widespread.

    An initiative that was born with the aim of supporting and spreading the culture of NFT among local artists, facilitating access to the new creative economy of digital art and which aspires to the creation of a virtual gallery with temporary exhibitions. 

    Photo Credits: The Storm on The Sea of Money by Tankuss

    NEWS FROM THE DIGITAL AND NFT WORLD – APRIL 16, 2021

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    NEWS FROM THE DIGITAL AND NFT WORLD – APRIL 16, 2021

    Every day, Art Rights Magazine selects the best news from the world of digital art, to stay up to date!

    The French collective Obvious, famous for having sold the first work created with Artificial Intelligence at Christie’s in 2018, and the blue-chip Parisian gallery Kamel Mennour are ready to land on the Crypto Art market!

    This collaboration includes the release of a new drop of three NFT video portraits produced with the help of GAN-Generative Adversarial Networks, a machine learning algorithm, based on a dataset of 16,000 portraits from the history of art.

    2) Online the NFT “Invisible Cities” exhibition, inspired by Calvino’s work

    It is inspired by the novel of the same name by Italo Calvino “Invisible Cities”, a new art exhibition with NFT that imagines utopian urban landscapes and science fiction environments.

    Ten works on display to present a virtual and fantasy world, including works by Dangiuz, available to collectors from all over the world on the SuperRare sales platform until April 30th.

    3) Edward Snowden schedules an NFT auction on Foundation

    CIA whistleblower and former employee Edward Snowden has released an NFT work titled “Stay Free” which will be offered for sale on the Foundation‘s online platform.

    Created on April 14, the work is already up for auction and 100% of the proceeds from the sale will be donated to the organization that defends freedom of the press and information Freedom of the Press Foundation.

    A robot sells NFTs on Nifty Gateway for $ 700,000

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    A robot sells NFTs on Nifty Gateway for $ 700,000

    The work, sold at a record price by the Sophia Robot on the Nifty Gateway online platform, is the first NFT work created by artificial intelligence

    The Crypto Art market as well as unstoppable also seems to be able to reserve big surprises!

    In fact, to the millionaire figures of the past few weeks, an even more surprising one has recently been added: the robot – humanoid Sophia, created by Hanson Robotics of Hong Kong, has sold a self-portrait of her for as much as $ 688,888!

    The work, entitled “Sophia Instantiation”, was sold on the NFT Nifty Gateway sales platform and is the first piece of Crypto Art created by artificial intelligence in collaboration with the Italian digital artist Andrea Bonaceto

    The artist, of Pisan origin, first painted a physical version of the portrait of the robot on which Sophia herself then intervened and, thanks to her powerful AI, transformed the work into NFT and then put it up for sale.

    Anonymous, on the other hand, remains the buyer of this piece which still seems to belong to the world of Crypto Art and of which we only know the pseudonym of 888.

    Sophia, live streaming from her Hong Kong studio, after the auction declared that “it was a great success” and said she was very happy with the result achieved.

    David Hanson, CEO of the company of the same name but above all Sophia’s father, was also satisfied. “We created Sophia herself as a work of art,” continues Hanson. “Her intelligence is a collective of human algorithms and thoughts that work together like a beehive. Now Sophia has created art entirely with neural networks and artificial intelligence, both responding to her perception of Andrea Bonaceto’s works and using data from her own “life” experiences, under the guidance of the team’s designers and programmers. As she responded to Andrea’s art, she simply excites me: I am a proud father “

    This incredible sale therefore seems to add a new piece to the world of NFT and Crypto Art which, at this point, would no longer even seem to need human intervention.

    A turning point that Bonaceto also hopes for: “I would like this to be a new starting point for the creative development of AI and for the credibility of NFTs as a sustainable solution for true bottom-up creativity: enough with artistic products paid for a pittance . The uniqueness that these “digital labels” guarantee is already a value for the new generations “.

    And you, what do you think of AI in the Crypto world?

    Christie’s: a Banksy painting up for auction

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    Christie’s: a Banksy painting up for auction

    It is called “Subject to Availability” and will be the protagonist of the sale

    Christie’s auction house, after the sale of Banksy work “Game Changer” which reached £ 14.4 million, an absolute record for the artist, has decided to organize an auction on 30 June 2021 in London dedicated to 20th century art which will see another work of the artist as its protagonist, a “vandalized” oil painting.

    It is called “Subject to Availability”, estimated at between 3 million and 5 million pounds: it is a Banksy intervention on the painting by the artist Albert Bierstadt, a member of the Hudson River School, which portrays the Mount Rainier National Park.

    The most mysterious street artist in the world has decided to intervene on the original painting with asterisks and a comment: “subject to availability for a limited period”. The work is in fact part of a series dedicated to the theme of climate change.

    “Banksy’s witty dialogue with the historical canon of art brings the painting sharply into the current context of the global climate crisis,” says Katharine Arnold of Christie’s, adding: “Ten years after its creation, the idyllic park it describes has already been closed to the public since February 2020 due to severe floods and landslides “.

    The work was previously included in the solo exhibition of the artist “Banksy versus Bristol Museum” in 2009, currently the only one authorized.

    Some of the works on display in that famous exhibition reached record prices, such as the painting “Devolved Parliament” which was sold at Sotheby’s in 2019 for £ 9.8 million or the version of Rembrandt’s Self-Portrait at the age of 63 at to which Banksy added a pair of googly eyes, a work sold by Phillips in 2014 for £ 398,000.

    Although Banksy’s identity still remains unknown, his works have a well-documented, controlled and certified history also thanks to Pest Control, a company created by the artist himself that is responsible for authenticating and managing his works to avoid false and incorrect attributions.

    And if Banksy is not caught unprepared on the subject of Archiving and Certification of works of art, the same cannot be said for many other artists.

    But technology comes in support of art, because among the professional tools capable of responding to the main needs of artists, such as the management and certification of works of art, we find Art Rights, a platform that in complete privacy and security allows you to create a real Passport of works of art thanks to Blockchain technology.

    And you, are you ready to discover Banksy’s works?

    6 tips to believe in your art

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    6 tips to believe in your art

    How not to give up opportunities to improve your career as an artist for fear of not being up to par.

    Insecurity affects everyone, but artists are particularly prone to doubt themselves and their art.

    It is not enough to create works of art that contain ideas, emotions and visions: the next step is to find the courage to put that work into the world that is full of criticism, judgments and sometimes even rejection.

    What to do to escape the negative thoughts that can often limit the career of an artist, because they are too conditioned by that inner voice that says that “you are not good enough”?

    Here are six tips to boost your self-esteem as an artist!

    1. Stop comparing yourself with other artists.

    Social media are undoubtedly a great tool to give artists visibility. They can be inspiring to look at the works of others, but make sure you don’t fall into the trap of constantly comparing your work to someone else’s. Instead of competing and demoralizing yourself, use the power of social media as inspiration and to promote your work.

    2. Don’t have too high expectations of yourself.

    Of course, having high goals is important, but situations must always be contextualized. Don’t be disappointed if few people attend your exhibition vernissage, if your Instagram posts get fewer likes than expected, or if a sale fails. Even as an artist he accepts that he cannot always have control over events: one step at a time, with commitment and perseverance, you will reach your goals.

    3. Take breaks and relax

    There is nothing worse than being locked in the same room for hours without doing anything. Take breaks – relax and go for a walk! If you feel frustrated because you can’t complete a work or if you lack inspiration, walking clears your mind and helps you see things with different eyes!

    4. Hit that post button.

    Send email, portfolio and curate your archive! Write and send collaboration proposals, propose your art to curators, ask grant applications, sales proposals if you still haven’t found the right gallery for you. Getting involved is a challenge: it takes courage but the more often you do it, the easier it will become, even if you receive rejection or no response.

    5. Recognize what rejection really is.

    If your artistic research is not exactly what the gallery owner, curator, institution or company is looking for, it does not mean that your art is to be thrown away or that you are not worth as an artist. It simply means that what you are offering is not what they are looking for right now. This is why it is necessary to continue studying, informing yourself and improving future proposals aimed at more suitable interlocutors to understand, appreciate and promote your art.

    6. Join an online community

    Find an online community and join it! It is incredible what you can learn about how to produce, enhance and promote your art through dialogue with professionals in the sector, artists and international collectors.

    The Art Rights Community, a platform for the management and certification of works of art, offers registered artists many opportunities to meet, discuss and dialogue with professionals in the sector. In addition, the Artists, like all Art Rights subscribers among Professionals, Collectors and Institutions, will have access to courses, webinars and events designed to offer support and opportunities for training and promotion of their art.

    And you, are you ready to boost your art?

    NEWS FROM THE DIGITAL AND NFT WORLD – APRIL 15 2021

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    NEWS FROM THE DIGITAL AND NFT WORLD – APRIL 15 2021

    Every day, Art Rights Magazine selects the best news from the world of digital art, to stay up to date!

    1) Pak and Sotheby’s: NFT sold for $ 17 million

    The works of the NFT series “The Fungible Collection” by artist Pak sold for over $ 17 million during the three-day auction in collaboration with Sotheby’s via the Nifty Gateway platform, creating a lot of enthusiasm on the part of collectors.

    The artist defined the sale as a real “pixel-scale bidding war”.

    2) Jerry Saltz and Kenny Schachter create NFT: selling on SuperRare.

    The volcanic American art criticJerry Saltz and artist Kenny Schachter will auction the NFT work “The first 10,000” on the SuperRare platform, a collage featuring a series of posts published by Jerry Saltz on social Instagram. The sale will start on Friday 16 April and will run for three days. The proceeds will be entirely donated to charity.

    3) Prisoner Charles Bronson sells works in NFT

    Charles Bronson, Britain’s most famous prisoner, is ready to auction limited edition NFTs. The sale will start on Tuesday 20 April on the Inloop Digital platform and the Crypto Art works will be the only available version of the works created by the artist: the physical ones will be burned. The prisoner-artist hopes to raise at least £ 1.5 million.

    Bronson said, “I’ll do my art, I’ll make a living from my art. I’ll do a lot for charities, I’ll do a lot for my education.”

    Collecting NFT: create your wallet on Metamask

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    Collecting NFT: create your wallet on Metamask

    If you want to start collecting Crypto Art and NFT, the time has come to create your wallet: for many MetaMask is the reference wallet.

    Art collectors have always been used to acquiring works for their collections through the latest generation of art galleries, fairs or marketplaces. But now there is a new way to buy art and it’s all online: all you need is a wallet, a real crypted digital wallet capable of collecting not only fiat coins but also cryptocurrencies, from the best known ones such as Bitcoin and Ethereum, until the very last born.

    MetaMask is among the most popular wallets for the purchase of NFT and Crypto Art, an Ethereum extension that can be installed for free on your Chrome, Firefox, Opera and Brave desktop browser or in beta version also for iOS and Android.

    MetaMask allows you to create a wallet for Ether and ERC20 tokens, and allows you to run Ethereum dApps (decentralized apps) directly in the browser without having to download and synchronize the complete Ethereum blockchain on your device / computer.

    MetaMask’s mission is to make the interface with the Ethereum blockchain simple. 

    But how do you create a Metamask wallet?

    Here is a guide to creating your wallet on Metamask

    How to install MetaMask

    Visit the official download page on Metamask.io. Select your browser and you will be redirected to the Chrome web store or Firefox add-on site. Click on the button to add the extension to your browser.

    Create your Wallet

    After reading and accepting the privacy policy, Metamask automatically creates a new Ethereum address and asks you for a password to protect your account. This password cannot be recovered in any way so keep it carefully.

    At this point you can choose whether to add an existing wallet or create a new wallet.

    If you need to import an existing wallet, just enter the CID, which is a sequence of 12 Seed Phrases, i.e. keywords to be noted when creating the wallet because they will be used to install it on another device.

    If you need to create a new wallet, you will need to click on “Create new wallet”, choose an access password and save the 12 recovery words.

    Finally to find your wallet address, click on the 3 dots on the right side of your account and click on “Copy address to clipboard”.

    Your Wallet is now ready to use!

    Among the features that the MetaMask wallet can offer are:

    • From the “Main Navigation” section you can search, access your wallet and transaction history.
    • Send or deposit ETH or ERC-20 tokens to other addresses, through MyEtherWallet and choosing the cost of the transaction yourself.
    • Buying and Selling Tokens: Metamask is connected to Wyre, an integrated third-party system that allows you to buy Ether tokens or some ERC-20s.
    • Create multiple accounts each with different addresses to use according to your needs
    • Access dApps such as OpenSea, one of the largest digital collectible sales platforms

    Photo Credits: Courtesy of Julius Baer

    And you, are you ready to collect NFTs?

    Sotheby’s and NFT: the sale of PAK’s works with Nifty Gateway

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    Sotheby’s and NFT: the sale of PAK’s works with Nifty Gateway

     Digital artist Pak sells NFT works for $ 17 million at Sotheby’s

    After the success of the auction held by Christie’s which saw the work of the digital artist Beeple reach over 69 million dollars, Sotheby’s debuted in the Crypto Art market in collaboration with Pak and Nifty Gateway, raising 16.8 million dollars.

    For the first time in the history of art, a crypto artist, an auction house and a marketplace specialized in NFT have collaborated for the sale of works of art in NFT: unlike the sale of Beeple at Christie’s which took place on the auction house website, this time the sale took place directly on the Nifty Gateway platform.

    But who is Pak?

    Pak is the Crypto Artist who has recently gained everyone’s attention thanks to the sale of the abstract NFT work Metarift, sold for 904,413.47 million dollars on the MakersPlace platform.

    Faceless artist, Pak is known for being the creator of Archillect, a latest generation art curator, an artificial intelligence that publishes visual content on social media based on an algorithm.

    How did the sale take place on Nifty Gateway in collaboration with Sotheby’s?

    The “The Fungible” collection consisting of the “Fungible Open Editions” collection, a set of NFT cubes that can potentially be bought indefinitely between 12 and 14 April, were auctioned starting from a fixed price of 500 dollars for the first day, and then grow to $ 1,000 in the second and $ 1,500 in the third.

    With this collection, the artist wanted to reflect on the meaning of the value of a work, playing with the concept of “uniqueness” that Blockchain technology is able to transfer to every single NFT.

    The first day reserved for the sale of “The Fungible Open Edition” ended with 19,880 cubes sold in 15 minutes with a yield of 9.87 million dollars.

    On the second day, another 3,268 cubes were sold for a total of $ 3.3 million over the same time period.

    On the third day, 593 sales were recorded: in total there were 3,080 buyers who spent about 14 million dollars for 23,598 cubes.

    To these awards must be added those of two NFTs for sale as unique works.

    “The Switch” was sold to Californian cryptocurrency investor Damian Medina for $ 1,444,444 million, while another work, “The Pixel”, sold for $ 1,355.555 million to crypto collector Eric Young, after a hour and a half of advanced offers from the best NFT art collectors.

    In a Clubhouse room hosted by Sotheby’s during the final minutes of the sale, an attendee claimed that the stretched offer was itself an act of “performance art”.

    While no record figures have been achieved, the large number of attendees coupled with the results of over a million dollars for digital art are useful signs that the demand for NFT is still present and constantly evolving.

    And you, are you ready to collect NFTs?

    Fake works of art: the case of the artist Josef Albers

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    Fake works of art: the case of the artist Josef Albers

    An Italian art dealer was convicted of trying to sell a counterfeit Josef Albers painting. Let’s find out more!

    Another news related to the fake art market: an Italian art dealer was convicted of trying to sell a fake painting by Josef Albers for € 320,000 ($ 387,000). 

    The work of the famous German painter born at the end of the 19th century and who died in the 70s of the last century, a teacher at the Berlin school of the Bauhaus together with Paul Klee and Wassily Kandinsky, entitled Study for Homage to the Square, belongs to the series created by Albers in 1950.

    The Court of Milan found the art dealer guilty despite claiming that he inherited the painting, which he himself purchased in 1986. However, there is no trace of documents attesting the authenticity and provenance of the work.

    On what basis, then, was the merchant found guilty?

    • The work does not have the necessary documentation that must accompany the sale of a work, therefore the Certificate of Authenticity.
    • The appraisal of the work revealed that both the “technique of applying color” and “the signature” on the work are not compatible with the originals.

    In fact, for the Josef and Anni Albers Foundation and its executive director, Nicholas Fox Weber, there is no doubt: this is a fake. Confirmation also comes from the art historian Jeannette Redensek, director of the artist’s catalog raisonné at the Foundation. 

    Indeed, counterfeits have long been a problem for the Albers Foundation, which may not come as a surprise given the deceptive simplicity of execution of Albers’ paintings. On the other hand, a direct examination and authentication issued, in this case, by the Albers Foundation, the artist’s archive, is always required.

    Furthermore, as evidence of the counterfeiting of the work, there would be another proof: previously, in 2016, the work had already been declared false by the director of the Josef and Anni Albers Foundation.

    This demonstrates that a verification of the documentation and its updating thanks to technological solutions can be essential to avoid collectors, gallery owners and art dealers from taking risks by verifying in advance and with maximum safety the Due Diligence and Provenance of the works of art before of their buying and selling.

    With Art Rights, a platform to support the archiving activities of the works of artists, collectors, foundations and art professionals, it is possible to create a digital archive of the works, collecting all information, documents and passage in a simple and completely safe way.

    Thanks to Blockchain technology and a sophisticated Validation system by third-party users, Art Rights offers the possibility to create Art Rights Certificates, real Passports of the work of art and to create a Value Chain to protect quality and authenticity. of the work of art.

    Photo Credits: Josef Albers, Homage to the Square (1971) © 2017 The Josef and Anni Albers Foundation. Courtesy David Zwirner, New York/London

     And you, are you ready to avert the risk of running into a fake work of art?

    Start now to manage, certify and boost your art with Art Rights!

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