Digital Art Inheritance
A critical question: what happens to a gallery and its digital objects after the death of those souls that were involved in its creation? This is a topic that is both deeply important and often ignored because, frankly, most people are uncomfortable discussing death.In the context of the metaverse, we should reflect on the history of digital art and its creators. For example, what happens when the individuals behind significant projects pass away? Why do certain projects fail to continue—beca...
Digital Art Inheritance
A critical question: what happens to a gallery and its digital objects after the death of those souls that were involved in its creation? This is a topic that is both deeply important and often ignored because, frankly, most people are uncomfortable discussing death.In the context of the metaverse, we should reflect on the history of digital art and its creators. For example, what happens when the individuals behind significant projects pass away? Why do certain projects fail to continue—beca...
Digital Scarcity
It’s worth considering the perspective of renowned art historian Magnus Resch on the traditional art market. According to him, 99% of art sells below $10,000 and “… doesn't return any money“. This suggests that much of the art sold above this threshold in previous NFT market cycles may have been overvalued. It’s reasonable to anticipate that most pieces will remain at lower prices for a prolonged period. Their value may only increase again during a future revival of a particular NFT art ...
Digital Scarcity
It’s worth considering the perspective of renowned art historian Magnus Resch on the traditional art market. According to him, 99% of art sells below $10,000 and “… doesn't return any money“. This suggests that much of the art sold above this threshold in previous NFT market cycles may have been overvalued. It’s reasonable to anticipate that most pieces will remain at lower prices for a prolonged period. Their value may only increase again during a future revival of a particular NFT art ...
Does the role of the Gallery change with Crypto and AI?
What are the classical functions of galleries and how will these adapt to emerging technologies? Art galleries have historically played a pivotal role in human culture, serving as spaces for preservation, education, aesthetic engagement, cultural identity, accessibility, innovation, and social critique. These functions have been integral to their mission, ensuring that art is not only safeguarded but also made accessible, relevant, and thought-provoking across generations. As technology conti...
Does the role of the Gallery change with Crypto and AI?
What are the classical functions of galleries and how will these adapt to emerging technologies? Art galleries have historically played a pivotal role in human culture, serving as spaces for preservation, education, aesthetic engagement, cultural identity, accessibility, innovation, and social critique. These functions have been integral to their mission, ensuring that art is not only safeguarded but also made accessible, relevant, and thought-provoking across generations. As technology conti...
The Market for Onchain Galleries
NFT Galleries and their CategoriesIn order to better understand the marketplace for virtual NFT galleries, it is useful to divide them in to 3 different categories.Token-based Galleries: Platforms like Decentraland focus on creating demand for their native tokens through in-metaverse transactions but may limit accessibility due to token requirements.Token-free Galleries: Platforms like Spatial allow for greater accessibility without requiring a token, enabling a more user-friendly experience....
The Market for Onchain Galleries
NFT Galleries and their CategoriesIn order to better understand the marketplace for virtual NFT galleries, it is useful to divide them in to 3 different categories.Token-based Galleries: Platforms like Decentraland focus on creating demand for their native tokens through in-metaverse transactions but may limit accessibility due to token requirements.Token-free Galleries: Platforms like Spatial allow for greater accessibility without requiring a token, enabling a more user-friendly experience....
The Evolution of Virtual Worlds
The origins of virtual worlds can be traced back to text-based adventures and Multi-User Dungeons (MUDs) in the late 1970s and early 1980s. These platforms allowed multiple users to interact in a shared textual environment, laying the groundwork for future graphical virtual spaces. The visual journey begins with Habitat (1986-1988), a groundbreaking MMORPG developed by LucasArts. Considered the first large-scale commercial virtual community with graphics, Habitat allowed users to interact as ...
The Evolution of Virtual Worlds
The origins of virtual worlds can be traced back to text-based adventures and Multi-User Dungeons (MUDs) in the late 1970s and early 1980s. These platforms allowed multiple users to interact in a shared textual environment, laying the groundwork for future graphical virtual spaces. The visual journey begins with Habitat (1986-1988), a groundbreaking MMORPG developed by LucasArts. Considered the first large-scale commercial virtual community with graphics, Habitat allowed users to interact as ...
