Artists Financial News

19.07 / 09:43

Blockchain defi Artists How blockchain takes the electronic music industry to a whole new level

Blockchain technology is often associated with the finance industry, namely, the usual suspects like traditional finance (TradFi) or decentralized finance (DeFi). However, the technology is industry-agonistic and can transform any sector that relies on data and interactions. One of the industries that could benefit from blockchain adoption is entertainment — specifically the electronic music market.

22.06 / 12:35

Art Adoption NFT Artists How NFTs help to empower Ukrainian artists and preserve fragile art — Q&A with CityX

The ongoing war in Ukraine has had devastating consequences, including the destruction of cultural and historical objects. As the conflict continues, it is critical to protect Ukrainian artworks and cultural heritage. By using innovative technologies such as blockchain and nonfungible tokens (NFTs), art enthusiasts can ensure the protection and longevity of Ukrainian art, allowing future generations to appreciate and learn from its profound significance.

21.06 / 20:11

NFT Artists Auction Nike teases ‘Airphoria’ NFT sneaker on Fortnite: Nifty Newsletter, June 14–20

In this week’s newsletter, read about how a project provided a new way to mint nonfungible tokens (NFTs) on Ethereum. Check out Nike’s new collaboration with the popular online game Fortnite, and how rapper Snoop Dogg plans to use NFTs to bring fans with him on tour. In other news, Dmitri Cherniak’s “The Goose” NFT sold for $6.2 million, and artist Kenny Schachter talks to Cointelegraph about blockchain art.

19.06 / 13:19

Art Adoption NFT Web3 Artists Future Slow Food: Kenny Schachter reflects on blockchain art’s past, present and future

With crypto in a state of turbulent flux, a demographic of nonfungible token (NFT) detractors in the fine art world might feel trigger-happy to, at last, declare the industry down for the count.

16.06 / 03:22

business Art NFT Artists Auction Sotheby’s auctions off Dmitri Cherniak’s ‘The Goose’ NFT from 3AC collection for $6.2M

Sotheby’s auction house has sold a piece of digital artwork from the collection of collapsed crypto hedge fund Three Arrows Capital (3AC) for more than $6 million.

16.06 / 02:09

NFT Artists Snoop Dogg NFT passport lets fans tour with the rapper in digital form

Rap icon and entrepreneur Calvin Cordozar Broadus Jr., more commonly known as Snoop Dogg, dives into Web3 once again with a nonfungible token (NFT) project that will allow his fans to follow his life on tour.

05.05 / 19:37

Technology Art NFT Artists Metaverse Tech Artists face a choice with AI: Adapt or become obsolete

The artificial intelligence art gold rush began around 2018 when Christie’s auctioned “Portrait of Edmond Belamy” for an astounding $432,500. Since then, it has been an up-only journey for AI-generated images.

04.05 / 20:15

Adoption NFT Artists Crypto Collectibles Collectibles Frontier A new frontier for collectibles: Preserving music history in NFTs with Legends of Rock

Talking about nonfungible tokens (NFTs) in the music industry usually means protecting artists’ copyrights and diversifying their revenue streams, preserving artworks on the blockchain, musicians collaborating with brands and artists, printing event tickets, giving exclusive bonuses to fans in this unique digital format or engaging with a community. So, why not do what the sports industry has done (and quite successfully so) with the NFT memorabilia format?

02.05 / 02:55

Art Adoption NFT Artists Auction Sotheby’s auction house launches on-chain secondary NFT marketplace

Luxury auction house Sotheby’s has announced the addition of a new on-chain marketplace that allows digital art collectors to purchase secondary NFTs.

24.04 / 10:33

Art Adoption copyrights Artists Musician Grimes willing to “split 50% royalties” with AI-generated music

The swift rise of artificial intelligence (AI)- generated art has shaken creatives across various industries. While many have highlighted copyright infringement issues involving AI-generated art, not all artists are against the fusion of AI and their intellectual property.

17.04 / 14:39

business Art NFT Artists Virtual Property Intellectual Property Building communities and ensuring NFT success: Insights for artists

The importance of building communities cannot be underestimated in the rapidly changing art world, driven by technology and the explosion of nonfungible tokens (NFTs) in the last two years. An audience is a social media following, but a community is a group of people working toward a common goal.

11.04 / 07:25

business Art NFT Tokens Artists data Survey Utility Utility and long-term profits top reasons for NFT purchases: CoinGecko study

Utility and long-term profits have been ranked as the top reasons for buying non-fungible tokens (NFTs), according to a survey conducted by CoinGecko and Blockchain Research Lab.

05.04 / 16:37

NFT Web3 Sustainability Environment Artists NFTs unlock physical biodegradable vinyl records

Hype around nonfungible tokens (NFTs) has cooled down, however innovative use cases for these digital assets continue to appear on the scene. Particularly in the music industry, which has been fertile soil for use cases of emerging Web3 tools in recent years.

31.03 / 07:53

NFT Artists DAO Sony avalanche patents Avalanche launches initiative for digital artists, NFT creator protests Sotheby’s gender bias, and more

In a March 30 blog post, The Avalanche Foundation announced the launch of Avaissance, an initiative designed to support digital artists and boost the growth of the Avalanche nonfungible token (NFT) ecosystem.

29.03 / 13:29

NFT Web3 Artists Opensea Royalties Web3 creators at higher a loss for royalties than anticipated: data

The nonfungible token (NFT) space has been a proven gateway for helping users take their first steps into the Web3 space. This is particularly true when it comes to artists and creators using Web3 tools to enhance their work.

25.03 / 15:35

NFT Web3 Gemini Artists Marketplace How to Crypto How to buy and sell NFTs on Nifty Gateway

Nonfungible token (NFT) marketplaces transacted roughly $82 million in 2020 and a staggering $17.6 billion in 2021, indicating a rising demand and high user interest in NFTs. This meteoric rise of digital asset trading ranged from whimsical cartoon JPEGs to National Basketball Association trading cards, artwork, music and more. One such marketplace for collecting and trading NFTs is Nifty Gateway.

16.03 / 00:49

Facebook Art Binance Artists Instagram Meta scraps NFTs on Instagram and Facebook: Nifty Newsletter, March 8–14

Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights.

13.03 / 17:49

Blockchain Technology Art Adoption NFT Tokens Artists 11 classic memes that have been sold as NFTs

Nonfungible token (NFT) memes have brought mainstream attention to the world of NFTs and digital art, helping to expand the market and increase its legitimacy. The high prices paid for some NFT memes have demonstrated the value of online culture and the emotional connection that people can have to internet memes. NFT memes have also created a new way for creators and artists to monetize their work, potentially leading to new opportunities and revenue streams in the digital economy.

08.03 / 15:51

Art NFT Web3 Artists Metaverse The metaverse is getting a greenhouse and a garden full of NFT flowers

The world of Web3 has offered users the opportunity to recreate their digital identity, along with offering new avenues of creative expression and individuality. This is more so the case as nonfungible tokens (NFTs) become more dynamic and personalizable.

19.02 / 10:21

business Art NFT Artists Crypto Collectibles ApeCoin Yuga Labs Intellectual Property Yuga Labs accused of IP theft for trademarking BAYC wolf skull logo

The iconic wolf skull logo of Bored Ape Yacht Club (BAYC), Yuga Labs’ premier nonfungible tokens (NFTs) collections, was allegedly illegally trademarked without proper licenses. The image was originally released by a company specializing in drawing tutorials for children and beginners.

11.02 / 22:57

Art Adoption NFT Artists France's top modern art museum to display CryptoPunks, Autoglyphs NFTs

Paris's leading contemporary art museum, the Centre Pompidou announced on Feb. 10 an upcoming permanent exhibition targeting the intersection between art and the blockchain represented by nonfungible tokens (NFTs).

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