According to a survey released by CNBC last year, almost half of Millennial millionaires have 25% or more of their wealth in crypto, with about half owning NFTs. By November, separate research from the Pew Research Center found that 31% of Americans between the ages of 18 and 29 said they’ve invested in, traded, or… Continue reading Why young people are embracing NFTs and crypto
Category: metaverse
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Could NFTs be used for online identity verification?
Right now, you can buy an NFT of your favorite photograph, buy land in a metaverse like Decentraland or Cryptovoxels, and build a virtual gallery exhibition from scratch. In 2021, metaverse real estate sales hit $500 million. Experts say that number could double this year. The way we interact online is changing, and it’s happening… Continue reading Could NFTs be used for online identity verification?
The best resources for photographers interested in Web3
In just a few years, non-fungible tokens could be part of museum exhibitions around the world—and make an appearance in every major art fair. In the near future, artists could use AI tools to create photorealistic animations, or they could use them to recreate the aesthetic of Dutch Master paintings. On the blockchain, breaking the… Continue reading The best resources for photographers interested in Web3
Seven ways to build community around your NFT project
The photographer Eric Paré, who has been teaching light painting techniques for years, recently noticed that his name had been hashtagged on Instagram in more than 13.3 thousand posts. On Twitter, too, where the NFT community is most active, you can find photographers around the world engaging with his work, whether they’re retweeting their favorite… Continue reading Seven ways to build community around your NFT project
Identifying scams and avoiding fraud in NFT spaces
In January, a non-fungible token collection known as “Frosties” generated quite a bit of buzz online. The collection included 8,888 NFTs based on cartoon ice cream scoop characters, and investors were promised perks, including access to a metaverse video game and 3D versions of their characters. The NFTs sold out in under an hour. The… Continue reading Identifying scams and avoiding fraud in NFT spaces
The roles and possibilities of NFTs in the metaverse
Earlier this year, Reese Witherspoon and her dog Minnie entered the metaverse. Her sunlit virtual art gallery, created in collaboration with the mobile metaverse platform some·place, featured work from influential NFT art collections such as World of Women, Cool Cats, Flower Girls, Boss Beauties, and more. In the near future, the rest of us might… Continue reading The roles and possibilities of NFTs in the metaverse
Museums, galleries, and alternative spaces in the metaverse
Enter the marble hall at Musee Dezentral, and you’ll be greeted by tall ceilings, exquisite columns, classical sculptures, and a palatial water fountain. But as in most museums, the main draw is the art on the walls. In this first hall—the Hall of Fame—you’ll find NFTs, or non-fungible tokens, from now-iconic crypto art collections: CryptoPunks,… Continue reading Museums, galleries, and alternative spaces in the metaverse
NFT Trends: How experimental photography is expanding into the NFT space
In the spring of 2020, at the height of the pandemic, a Sotheby’s auction sale reached $3 million, breaking the existing record for an online sale of photography at the famed auction house. The sale included 227 images by legendary photographers, including Ansel Adams and Henri Cartier-Bresson, with the top lot going to a 1922… Continue reading NFT Trends: How experimental photography is expanding into the NFT space
Evolving your creative style and brand into the metaverse
Last year, Sotheby’s launched a brand new location with five ground-floor spaces dedicated to the showcasing of digital art. The twist? The gallery wasn’t located in the physical world but in Decentraland, a virtual reality platform. Instead of being greeted by a person, visitors would be welcomed into the gallery by a digital avatar of… Continue reading Evolving your creative style and brand into the metaverse
Staying safe in digital marketplaces and virtual spaces
In late 2021, a New York City art gallerist had more than $2.2 million in NFTs stolen by hackers, including pieces from now-iconic collections like Bored Ape Yacht Club. It happened overnight, awakening many to the potential security risks of the decentralized web. In 2021, NFT sales hit $25 billion, giving artists new ways to… Continue reading Staying safe in digital marketplaces and virtual spaces