NEWS FROM THE DIGITAL AND NFT WORLD – 30 APRIL 2021
Every day Art Rights Magazine selects the best news from the world of digital art, to stay up to date!
1) Georgina Adam states: NFTs are not an advantage for everyone
Georgina Adam, columnist for the Financial Times and for The Art Newspaper, is convinced that despite the advantages linked to the world of crypto art, this market will not replace the traditional one but rather will go in parallel . According to the journalist, in fact, the crypto world has already begun to imitate the real world both in terms of the more positive aspects , such as digital exhibitions in real galleries, and in terms of problems , especially those related to fraud or property infringement. intellectual.
2) The photos of Kurt Cobain sold in NFT
Photographer Jesse Frohman is auctioning NFT of “The Last Session” , the latest photo shoot of Nirvana frontman Kurt Cobain . The auction starts on May 3rd through May 7th. The offer for the single piece “Holy Grail” is 27.27 ETH(about $ 72,000) , but the multiples “Nevermind Editions” and “In Utero Editions ” are on sale at prices lower than 2.7 ETH (about $ 7,000) respectively. and 1ETH (about $ 2,600) .
3) Picasso in NFT: the turning point of the collector Justin Sun
Justin Sun , the founder of TRON and CEO of BitTorrent, announced that the JUST NFT fund has officially launched “The First Collections” , which includes the NFT of Pablo Picasso’s “Femme nue coucheé au collier” . Since its inception, the fund has purchased the best works of the greatest artists on the market, including Picasso and Warhol , with the intention of transforming them into NFTs.