NEWS FROM THE DIGITAL AND NFT WORLD – 05 MAY 2021

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

1) Larva Labs, the creator of CryptoPunks, has launched new NFT avatars

After the success of CryptoPunks, Larva Labs decided to develop new NFT avatars, the Meebits. These are 3D characters made by algorithm. For one week, CryptoPunks holders were given the opportunity to request one of the 20,000 Meebits available for free. Unclaimed avatars will be sold by Larva Labs on their site and on OpenSea.

2) Jamie Iannone, CEO of Ebay, evaluates the payment in cryptocurrencies

EBay CEO Jamie Iannone is considering integrating cryptocurrency payments and NFT auctions. In an interview recently aired on CNBC, Iannone said that “one of the most interesting things about eBay is that when there is a new trend, it appears on the platform. This is what we are seeing in areas like NFTs: we are exploring how to best support this sector. “We just have to wait for eBay’s debut in the crypto world!

3) In Pescara, a physical work is sold in NFT 

This is the work Fat Boy with no name, but with a diaper, created by Pep Marchegiani and tokenized in eight NFTs, which will be auctioned on OpenSea. The physical work was donated to the Art School of Pescara. The operation is the result of a collaboration between the artist, Sapienza Finanziaria and Trasforma Academy, and represents the first case in Italy of a work with fractional and digitized ownership.

Photo Credits: Pep Marchegiani, “Ragazzino grasso senza nome ma con il pannolino”