Earlier this month, Christie’s auction house announced the sale of a digital image of the Bitcoin token for more than $ 130,000, when the initial target price was $ 12,000-18,000. It was the first time that a non-instinctive symbol had been auctioned in one of the largest traditional art auction houses.

One of the most recent events, Bridge to Metaverse, presented by Snark.art, featured symbolic artwork from both popular and emerging contemporary artists. The commission’s exhibition brought the leading artists of our time – Kabakov, Kendell Gears, AES + F, Recycle Group, and others – into the blockchain space, and a series of panel discussions served as a bridge between the traditional art world and global blockchain-based art. Special distribution systems.

The cryptocurrency market has been criticized for its apparent business naivety. While people were preoccupied with the rise of memes and CryptoKitties, there were also some serious artists who left their mark in the crypto world.

The traditional position of art was a commentary on the present situation. A way to criticize disruptive and at the same time spread the truth about what we are living.

This fits perfectly with the emergence of blockchain anonymity in a new climate of constant tracking by our everyday tools.

Related: Painting another picture: How digital artists are using the blockchain

Will the new artists in the new crypto art field be influenced by the traditional artists bringing their work into the blockchain space? With powerful voices raising political, ethnic, gender and inequality issues, their influx now has the power to transform the way art is created, collected, and displayed.

The traditional art market brings not only artists, but also gallery owners and curators who are naturally drawn to developing markets. In fact, we’re already seeing a step toward more classic ways of purchasing, as the Los Angeles Museum of Modern Art purchases works from artists to display in their permanent collection.

Of course, this would also open up to Crypto Art Basel, Biennale, and other curated events whose cryptic creations would shatter Christie’s or Sotheby’s sales records.

Fifty years from now, NFT’s first art by world-famous artists could be of immense value, as it did to early animation by John Whitney, the father of computer animation, who created the first animation art on his computer in 1960.

Serious contemporary artists reflect and exaggerate our reality without censorship. In today’s political world, a marriage between well-known artists and uncensored censorship is almost perfect.

Misha Lippmann, Co-Founder of Snark.art, is fully convinced that this challenge not only has to be solved, but must be enjoyed as well, stating that:

While many creative industries such as film, music, and publishing began their digital journey years ago, the failure to create a digital scarcity of art sustains the $ 60 billion art market largely in the physical sphere. Blockchain technology not only provides the opportunity to create a scarcity of digital content, but it also has the potential to unlock other exciting social mechanisms that artists can experiment with, while directly reaching new global audiences without bypassing physical boundaries and other obstacles. ”
Is the coding public ready to make serious statements about the transition to digitization? Especially when established artists now discover a new technology and a way to reach an audience they have never seen before.

Source: CoinTelegraph