Shanghai Residents Vent Lockdown Frustrations Into NFT Collections
Shanghai residents, the largest city in China with a population of more than 25 million people, are finding novel ways to vent their frustration over the country’s zero-tolerance COVID policies. One of them is Simon Fong, a 49-year-old freelance designer from Malaysia who has been living in Shanghai for the past nine years. Last month, he began creating satirical illustrations depicting life under lockdown, taking inspiration from Mao-era propaganda posters. Fong’s artworks include scenes moc...
Shanghai Residents Vent Lockdown Frustrations Into NFT Collections
Shanghai residents, the largest city in China with a population of more than 25 million people, are finding novel ways to vent their frustration over the country’s zero-tolerance COVID policies. One of them is Simon Fong, a 49-year-old freelance designer from Malaysia who has been living in Shanghai for the past nine years. Last month, he began creating satirical illustrations depicting life under lockdown, taking inspiration from Mao-era propaganda posters. Fong’s artworks include scenes moc...
OpenSea Acquires Ethereum NFT Aggregator Gem in Push for 'Pro' Users
In briefOpenSea has acquired Gem, an NFT marketplace aggregator service.Gem enables batch purchases across multiple marketplaces. Some of its features will be integrated into OpenSea.Gem, an Ethereum NFT marketplace aggregator that lets collectors buy assets in bulk across multiple platforms, has been acquired by OpenSea—the top NFT marketplace by trading volume. OpenSea announced the move this morning, with CEO and co-founder Devin Finzer writing in a blog post that adding Gem is a part of a...
OpenSea Acquires Ethereum NFT Aggregator Gem in Push for 'Pro' Users
In briefOpenSea has acquired Gem, an NFT marketplace aggregator service.Gem enables batch purchases across multiple marketplaces. Some of its features will be integrated into OpenSea.Gem, an Ethereum NFT marketplace aggregator that lets collectors buy assets in bulk across multiple platforms, has been acquired by OpenSea—the top NFT marketplace by trading volume. OpenSea announced the move this morning, with CEO and co-founder Devin Finzer writing in a blog post that adding Gem is a part of a...
What’s Fueling the Rise of NFT Photography Collecting
Avid NFT photography collector Freddie snatched a photograph for $2,300 in November. Two months later, he flipped it for $30,400. Welcome to the world of NFT photography collecting, where fine art meets decentralized finance for Millennials. Data from Artprice and estimates from Collector Daily suggest that the NFT photography market grew in 2021 to $200 million, the size of the traditional fine art print photography market. This is just the tip of the iceberg. The art world is undergoing a m...
What’s Fueling the Rise of NFT Photography Collecting
Avid NFT photography collector Freddie snatched a photograph for $2,300 in November. Two months later, he flipped it for $30,400. Welcome to the world of NFT photography collecting, where fine art meets decentralized finance for Millennials. Data from Artprice and estimates from Collector Daily suggest that the NFT photography market grew in 2021 to $200 million, the size of the traditional fine art print photography market. This is just the tip of the iceberg. The art world is undergoing a m...
Ethereum NFT-Backed Loan Market Heats Up as CryptoPunks Owner Borrows $8.3M
Auction house Sotheby’s was slated to offer up a lot of 104 high-value CryptoPunks NFTs in February, with an estimated haul of $20 million to $30 million for the set. Instead, the owner of the Ethereum NFTs withdrew the lot minutes before the auction’s start—and gloated about “rugging” Sotheby’s on Twitter. Instead, 0x650d—the pseudonymous owner of those NFTs—has now taken out an $8.3 million dollar loan using the set of CryptoPunks as collateral, the largest such loan reported to date. The A...
Ethereum NFT-Backed Loan Market Heats Up as CryptoPunks Owner Borrows $8.3M
Auction house Sotheby’s was slated to offer up a lot of 104 high-value CryptoPunks NFTs in February, with an estimated haul of $20 million to $30 million for the set. Instead, the owner of the Ethereum NFTs withdrew the lot minutes before the auction’s start—and gloated about “rugging” Sotheby’s on Twitter. Instead, 0x650d—the pseudonymous owner of those NFTs—has now taken out an $8.3 million dollar loan using the set of CryptoPunks as collateral, the largest such loan reported to date. The A...
Justin Aversano Announces Plan for Physical NFT Gallery in Santa Monica
Digital artwork in a physical gallery, you say? Surely not! But actually, many physical art galleries have put on NFT exhibits in the past year. And on Monday at the Non Fungible Conference in Lisbon, the NFT artist Justin Aversano announced he will open one in California. Aversano became very popular last year with his photo project Twin Flames, which photographed twins across the world and generated millions of dollars in sales, making his photography among the most expensive ever sold. Ave...
Justin Aversano Announces Plan for Physical NFT Gallery in Santa Monica
Digital artwork in a physical gallery, you say? Surely not! But actually, many physical art galleries have put on NFT exhibits in the past year. And on Monday at the Non Fungible Conference in Lisbon, the NFT artist Justin Aversano announced he will open one in California. Aversano became very popular last year with his photo project Twin Flames, which photographed twins across the world and generated millions of dollars in sales, making his photography among the most expensive ever sold. Ave...
