“It’s a big message to the century-old art market”: 18-year-old NFT star Diana Sinclair on how she’s taking on the blue-chip art world

Bidding went yesterday for the first time on Christie’s 3.0, the auction house’s new NFT platform that allows sales to be conducted entirely on the blockchain. To kick off the new initiative, the auction house has teamed up with 18-year-old artist Diana Sinclair, an aspiring young digital artist who is selling nine NFTs on the … Read more

With NFT prices soaring, can ‘phygital’ art keep collectors from walking away?

March 2021 will forever be remembered as the month NFTs went kaboom and broke into the mainstream with Beeple Everyday life: The first 5000 days sold to crypto entrepreneur Metakovan for $69.3 million. Suddenly the art world took notice and overnight NFTs became the most talked about topic of the year. From SNL to Snoop … Read more

Happy crowds of Damien Hirst fans attended the IRL conclusion of the artist’s NFT experiment. Here’s what they had to say

Excitement was in the air at London’s Newport Street Gallery on Thursday afternoon. But the crowds of visitors excitedly chatting or snapping photos of the exhibition were not the usual art crowd, and this was certainly no ordinary vernissage. It was a “community event” to preview the exhibition of “The Currency”, Damien Hirst’s first NFT … Read more

Sotheby’s holds its first auction and exhibition dedicated to artist-designed jewellery

This weekend, Sotheby’s opens Art as Jewelry as Art, a unique online auction and exhibition in New York (September 24 – October 4, 2022) featuring jewelry designed by 65 major artists of the 20th century. From Georges Braque’s gold-plated, bird-like brooches inspired by Greek mythology, to Louise Nevelson’s sculptural pendants, to a pair of Salvador … Read more

Metakovan and Twobadour have teamed up to buy the $69.3 million Beeple. Here’s what their split tells us about the future of the NFT market

Vignesh Sundaresan and Anand Venkateswaran, once known only by their pseudonyms as Metakovan and Twobadour, made waves – or more accurately, a tsunami – when they bought Beeple’s Everyday life: The first 5,000 days for a whopping $69.3 million at Christie’s in March 2021. The acquisition immediately brought NFTs to the forefront of the cultural … Read more

$MATIC: Coca-Cola drops “a special digital collectible” on Polygon

On Sunday (July 7), marking International Friendship Day in the United States, Coca-Cola announced that it would “thank the fans who have been a part of the brand’s journey into the Metaverse over the past year with a special digital collection drop.” The collectibles have a unique share-to-reveal feature where each piece of art is … Read more

Damien Hirst’s The Currency was a referendum on NFTs vs. IRL art. Here are the results

The results are in. A year ago, Damien Hirst announced an outrageous plan to “challenge the concept of value through money and art,” forcing buyers of his NFT project, The Currency, to choose between owning the physical artwork or the associated digital token decide. Hirst has now announced the final balance sheet on his Twitter … Read more

The Art Angle Podcast: What is the Metaverse? And why should the art world care?

Welcome to Art Angle, an Artnet News podcast that dives into the places where the art world meets the real world, bringing down to earth the biggest story of each week. Join us each week for an in-depth look at what matters most in museums, the art market and more, with contributions from our own … Read more