Introducing VAULT Beta 500px from its origins has striven to make art accessible, provide opportunities to creators, and offer a diverse selection of content to its audience. VAULT is more than an NFT marketplace, it is a community built by creators to enrichen the creative community; creators and collectors alike. It provides a new opportunity… Continue reading VAULT is unlocked!
Category: NFTs
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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
Understanding fundraising in the crypto space
When he first learned that Ukraine had been invaded, the renowned photographer Vitaliy Raskalov was thousands of miles away, but he knew he had to help. Within a week of the invasion, he’d raised the equivalent of $10,000 in ether through the sales of his well-known NFT photography collection, which went toward providing bulletproof vests,… Continue reading Understanding fundraising in the crypto space
45 portraits of iconic rockstars ‘flipping the bird’ now up for auction
A portrait of Aerosmith’s Steven Tyler is among the portraits on auction. Neil Zlozower Julien’s Auctions has announced an online auction of 45 photos—and accompanying NFTs—shot by Neil Zlozower, aka Zloz, photographer to the rock stars. The whole situation is a little peculiar but looks like it might be more successful than the Associated Press’s… Continue reading 45 portraits of iconic rockstars ‘flipping the bird’ now up for auction
The Associated Press’ NFT sale is now ‘under review’ after widespread criticism
Benjamin Holler/Wikimedia The Associated Press’s latest venture into non-fungible tokens (NFTs) has attracted criticism, forcing the non-profit news organization to pull a planned NFT video of a boat overcrowded with migrants in the Mediterranean. The whole handling of the situation has been incredibly messy—and calls into question the ethics of the project. It is now… Continue reading The Associated Press’ NFT sale is now ‘under review’ after widespread criticism
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
The Associated Press is turning photojournalism into NFTs
No word yet on the pricing of images in the AP’s soon-to-launch NFT marketplace. AP The Associated Press (AP) is launching a non-fungible token (NFT) marketplace later this month for collectors to purchase the “news agency’s award-winning contemporary and historic photojournalism”—or at least a token of ownership of the work. Let’s break it down. Wait,… Continue reading The Associated Press is turning photojournalism into NFTs