Art Financial News
13.09 / 23:43
Blockchain
Art
NFT
valuation
NFT creator Doodles raises $54M in funding at $704M valuation
On Tuesday, nonfungible tokens (NFTs) collection Doodles announced that it had raised $54 million at a $704 million valuation in a funding round led by Seven Seven Six, with participation from 10T Holdings, Acrew Capital and FTX Ventures. As told by Doodles, the investment will allow it to scale its growth strategy and monetize its intellectual property globally through ventures in the music, culture and entertainment industries.
07.09 / 19:19
Blockchain
Art
NFT
Yuga Labs
Number of unique BAYC buyers plunged in August to second-lowest on record
According to data from cryptoslam.io, the number of unique buyers for the nonfungible tokens (NFT) collection Bored Ape Yacht Club (BAYC) has fallen to 263 for the month of August, with 438 total transactions. These metrics were the second-lowest on record since the collection's launch in April 2021.
07.09 / 16:23
Art
NFT
virtual reality
Metaverse
Future
The metaverse is the future — but are current platforms failing users?
The metaverse has potential to transform the way we work, socialize, party and even do business — but looking at the infrastructure that exists right now, and some would accuse this industry of running before it can even walk.
05.09 / 06:23
business
Art
Sport
Nifty News: Bill Murray’s wallet hacked, FIFA’s tokenized highlights, Muse tops charts, and more…
Popular comedic writer and actor Bill Murray had his Ethereum wallet hacked for around 110 Wrapped ETH (wETH) worth $172,000 late last week.
30.08 / 10:41
Blockchain
Art
Adoption
interview
Frida Kahlo art finds permanent home in the metaverse
The family of the world-renowned painter Frida Kahlo released never before seen art and memorabilia tied to the artist into the metaverse. The content debuted in a permanent exhibition during the third-annual Metaverse Art Week in Decentraland, held on Aug. 24–28.
30.08 / 07:27
markets
Art
Investments
Bored Ape prices are down, but the NFT market is headed for new heights
There is no denying that nonfungible tokens (NFTs) have taken a hit in recent months. Market conditions have plunged, scams and hacks are frequent, and there is an increasing number of low-quality projects, pushing many to question the value of NFTs and their place in Web3 altogether.
29.08 / 09:41
business
Blockchain
Technology
Art
Nifty News: Taco Bell wants you hitched in the Metaverse, Animoca Japan raises $45M and more
American fast-food chain Taco Bell and Metaverse platform Decentraland are teaming up to offer United States-based couples a chance to get married in the Metaverse.
29.08 / 07:37
Blockchain
Art
Investments
Trading
18 'uncomfortable' truths about nonfungible tokens
Nonfungible token (NFT) analyst and blockchain detective "OKHotshot" has highlighted his picks for 18 of the most “uncomfortable truths” about the NFT industry.
24.08 / 23:45
Art
NFT
Auction
Instagram
place
NFTs are a 'natural place' for digital artists — Gal Yosef
The hype surrounding nonfungible tokens, or NFTs, may have died down in recent months due to the crypto bear market, but that hasn’t stopped digital artists from experimenting in the new and exciting space. Gal Yosef, a globally renowned self-taught artist in the field of 3D art and animation, has proven his versatility by launching two successful NFT collections. In an exclusive interview with Cointelegraph, Yosef explained why NFTs are a “natural” transition for digital artists and why the industry is poised to grow despite current headwinds.
24.08 / 17:49
Art
NFT
Artists
interview
Spatial digital art exhibitions to level up metaverse experiences
In Decentraland’s third annual Metaverse Art Week held on Aug. 24-28, curators turned to new ways to utilize digital space to bring more interactive and true-to-life experiences of art.
23.08 / 20:19
08.08 / 12:05
06.08 / 16:29
Art
NFT
Bitcoin
Proof-of-work: The Bitcoin artists on minting NFTs and OpenSea
“Art is not a thing, it is a way,” said American writer Elbert Hubbard. For Bitcoin (BTC) artists, the way is inspired by Bitcoin, its code, its philosophy and its imagery. In some cases, it’s even inspired by memes. Bitcoin has become a “lifestyle,” for some Bitcoin artists, that inspires their way of doing business, accepting payments and interacting with customers.
02.08 / 17:03
Technology
Art
Google
Google AI turns all 10,000 BAYC NFTs into machine-made art
Google Cloud Neural Networks worked with its artificial intelligence (AI) software to make art. Not just any art — nonfungible token (NFT) art.
02.08 / 08:03
Art
Sport
Gaming
Nifty News: Dr Disrespect unveils NFT game to mixed reaction, FC Barcelona's first NFT sells for $700K and more…
Gaming YouTube streamer "Dr Disrespect" unveiled the first sneak peek of his upcoming NFT shooter game dubbed Deadropon July 30.
01.08 / 18:25
Blockchain
Art
NFT
surges
CryptoPunks' trading volume surges 1,847% after Tiffany & Co. launches exclusive NFT collection
On Monday, the trading volume of CryptoPunks, one of the sector's most popular nonfungible token (NFT) collections, surged by 1,847% over 24 hours. Over $1,226.68 Ether (ETH) worth of Punk NFTs was traded during that time. The surge in interest appears to be tied to luxury jewelry retailer Tiffany & Co. launch of its own NFT collection, which hash a special perk for Punk holders.
28.07 / 08:33
UPS
Art
NFT
Up in smoke: Artist Damien Hirst to burn 4,851 paintings in NFT project
The United Kingdom's reportedly richest living artist, Damien Hirst is set to burn thousands of his paintings as part of a year-long nonfungible token (NFT) project called “The Currency.”
28.07 / 07:21
Art
NFT
Non-fungible tokens
Physical Art Narrowly Wins Over NFTs in Damien Hirst’s Experiment
With the deadline for UK art superstar Damien Hirst’s The Currency NFT burn expired today, artwork owners were forced to answer a paramount question: do they wish to burn their NFT in exchange for the artist’s corresponding original work on paper, or keep the token? As it turns out, slightly more owners opted to drop digital art and receive it in a physical form.
28.07 / 02:35
Government
Blockchain
Art
censorship
Cuban NFT artists say they face censorship within the crypto market
Cuba’s art market shut down completely during the pandemic, leading the community to turn to digital markets for survival. However, artists say that they remain censored due to the United States sanctions against Cuba, with US based platforms like Open Sea going to the extremes of deleting content and accounts linked to the country itself.
27.07 / 18:53
Blockchain
Art
Adoption
Science
Metaverse visionary Neal Stephenson is building a blockchain to uplift creators
Last month marked the 30th anniversary of the publication of Neal Stephenson’s science fiction novel Snow Crash. With its dystopian vision, rollicking prose and futuristic renderings of everything from social media networks to virtual assistants and even alternative currencies — Bitcoin wasn’t to launch for another 17 years — the work soon achieved iconic stature in the tech world. Bill Gates, Jeff Bezos and Jack Dorsey were admirers, while Google co-founder Sergey Brin called Snow Crash one of the two books that changed his life.
19.07 / 08:41
business
Technology
Art
Christie’s rolls out its first venture capital fund as VC makes debut bet on LayerZero Labs
Art and luxury auction house Christie’s on July 18 announced that it is launching its first venture capital fund called Christie’s Ventures which will invest in emerging technology and fintech solutions relevant to the art market.
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