VAULT is an NFT space created by creators for creators, your go-to place for high-quality, curated, digital art from top creators around the globe. The VAULT highlight series focuses on the creators that are part of our NFT Community. This week we are excited to introduce you to Wandering Spacesuit. Muhammad Hardi Saputra creates astronaut… Continue reading VAULT Creator Highlight with Wandering Spacesuit
Category: NFT collector
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Picturing the future of NFTs in sports
At the end of last year, Deloitte Global released a prediction for 2022: NFTs for sports media, they estimated, would generate over $2 billion in transactions over the course of the year, doubling the number we saw in 2021. Furthermore, they predicted that four to five million sports fans worldwide would acquire an NFT sports… Continue reading Picturing the future of NFTs in sports
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
How to safeguard your artwork or art collections on the decentralized web
In March of 2021, an artist who goes by the name neitherconfirm listed 26 NFTs for digital portraits. Then, the same artist switched out the image files and replaced them with photos of carpets. The move was a harmless in-joke referencing the idea of a “rug pull,” a term used to describe a type of… Continue reading How to safeguard your artwork or art collections on the decentralized web
Are NFTs disrupting the fine art world?
In the past year, contemporary art auctions soared to $2.7 billion, according to research from Artprice, reaching an all-time high after the initial collapse of sales in the early days of the Covid crisis. The rebound can be attributed to a number of factors, including the emergence of NFTs, or “non-fungible tokens.” In March, 22… Continue reading Are NFTs disrupting the fine art world?
The importance of community in the NFT space
“I think ‘Fine Art’ is going to become an outdated term,” curator Iris Nevins tells us. “In many ways, it‘s used to denote the difference between art that has been ‘approved’ by elitist institutions and art that is not. In the world of NFTs, institutional opinions don’t have the same level of power anymore. It’s… Continue reading The importance of community in the NFT space
What to consider when collecting NFTs: Appraisals and investments
In October 2020, an art collector named Pablo Rodriguez-Fraile bought a 10-second video art piece for $66,666.66. In February of 2021, he resold it for $6.6 million. You might not have heard of the artist who created the video a year ago, but chances are, you’ve heard of him since. By March, Mike Winkelmann, known… Continue reading What to consider when collecting NFTs: Appraisals and investments
How NFTs protect artists
In 2005, Dave Roth, an amateur photographer, snapped a picture of Zoë Roth, his four-year-old daughter, during a controlled fire in their neighborhood. In the background, a house was in flames; in the foreground was Zoë, a mischievous smile on her face. Dave entered the photo in a competition, and it won, but it would… Continue reading How NFTs protect artists
Why it’s time to start collecting NFTs and how to get started
From Eric Young, who’s invested more than $1 million in NFTs, to Colborn Bell, who estimates he’s spent approximately $400,000, NFT collectors have taken the art world by storm. In recent months, Young famously resold three of his pieces, including two by Mad Dog Jones; initially purchased for $700 for both, he later sold those… Continue reading Why it’s time to start collecting NFTs and how to get started
Best practices when entering the world of NFTs
In the third quarter of 2021, NFT sales reached $10.7 billion, a 700% increase from the previous quarter, according to data from DappRadar, a market tracker. This has been the year of the NFT, with collectors buying photographs (among other digital artworks) through both traditional auction houses and new marketplaces. In April, the first-ever physical… Continue reading Best practices when entering the world of NFTs