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
Category: NFT
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Samsung’s New TVs Let You Buy, Sell, and Display Photography NFTs
As part of a series of announcements it made for the Consumer Electronics Show (CES), Samsung unveiled that it would be adding an NFT marketplace into its smart TV system that would allow users to browse, buy, sell, and display art on Samsung TVs. Samsung’s new Smart TVs will ship with what it calls its… Continue reading Samsung’s New TVs Let You Buy, Sell, and Display Photography NFTs
NFTs, crypto, and what they mean for commercial Licensing
This fall, Sotheby’s made waves by announcing the launch of its NFT marketplace, Metaverse, with the storied auction house planning a landmark biannual auction called Natively Digital. This move followed a string of high-profile NFT sales that shook up the art world—and attracted the interest of photographers and photography collectors around the world. NFTs have… Continue reading NFTs, crypto, and what they mean for commercial Licensing
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
What you need to know about NFTs as a photographer
In the fall of 2021, Christie’s, the iconic auction house, surpassed $100 million in NFT sales. It had been almost a year after the artist Beeple made headlines worldwide for breaking the record for the most expensive artwork sold online: $69 million. In the last year, photography NFTs have sold alongside photographs by the likes… Continue reading What you need to know about NFTs as a photographer