NFTs are purchased with cryptocurrency. The money used to purchase the NFTs, is fungible, because there is no distinction between one dollar and another.
NFTs continue to create new opportunity and possibility for artists, that are inherently empowering, nurture creativity, and that value autonomy– all attributes of the artist that should not be comprised for arts’ sake
Massimo Mastrorillo, Jacob Black, Leonardo Taddei, Ugo Costa, Marco Guadagnini, Lisa Sorgini, and Richard Sandler, all play with the haunting liminal overlaps, and the magic the scene creates. The artists create new narrative and texture with contrasting scenes, colour, reflection, shadow and in some instances, double exposure.
New currencies and modes of trading within the realm of fine art photography, brings with it new opportunities for the economy as well as artists and collectors. Currencies in virtual spaces takes on totally new meaning– meanings that can sometimes be confusing to understand conceptually, and to navigate. It is first important to decipher key questions related to money in the metaverse, before then understanding what this means for the future of buying and trading fine art.
Artists: Alessio Pellicoro, Alfonso Briceño, Francesco Pistilli, Iacapo Pasqui, Kai Yokoyama, Luca Santini and Mohamed Hassan, capture intimate and transient moments within the natural world before those that inhabit it, sense they are being watched and change into something completely new.
Fine art photography has a greater lease of life with these technological advancements– namely, the ability to value and independently credit works that could previously be screenshotted, or reprinted. Photography is therefore becoming NFTs next big genre, as NFTs naturally fit into the evolution of fine art photography, and its respective valuation: creating new breakthroughs between the intersection of art and technology, benefitting the artist, collector and industry at large.
The relationship we have with nature is tumultuous at best– despite once working harmoniously alongside the earth, we have since forgotten the values of this relationship and feel disconnected from where we all came from and where we will all return to.
1. Intellectual Ownership Though often times misunderstood as only being a digital version of an original, in the same way an image download or a screenshot is, NFTs go beyond this. An NFT can be understood as a virtual certificate to prove ownership of a digital asset. This virtual certificate, is traceable, trackable, and one of a kind, unlike a download or a screenshot.The term non-fungible quite literally means, not something you can exchange/break down/mix with other similar goods or assets. Something non-fungible cannot be replicated or broken down and traded into valuable parts in the same way you could do
Minting an NFT, or non-fungible token, is publishing (Authenticating) a unique digital asset on a blockchain so that it can be bought, sold, and traded. Once (art)works have been minted (Signed / Certify), and digital data has been converted into a digital asset, it remains with traceability, on the blockchain. The digital products, or files, that have been minted are stored in this blockchain— distributed ledger or decentralized database— and cannot be edited, modified, or deleted. Thus ensuring the minted file is completely secure and now holds a new level of protection and value, that just being an image (or video)
What does it mean to be a body amongst other bodies, bodies that are like ours, bodies we came from, and bodies we are separate to? Who exists beyond this separation, before emptied swings and houses, where limbs caress the earth, and a child suckles milk from their mother? Artists Tori Ferenc, Bettina Pittaluga, Snezhana Von Büdingen-Dyba, Myrian Boulos, Laura Stevens, Erinn Springer and Lisa Sorgini explore these intricate themes with equal power as they do with vulnerability. Tori Ferenc’s ‘The Visit’ shows an encounter between three generations, daughter, mother and grandmother. An age old, and sacred trope, that has existed