The early 20th century, marked by a permanent installation in the Museum of Modern Art, is on the cusp of being reborn on the blockchain.
In cooperation with the precarious trading platform Mintable, the Vladimir Baranov-Rossin family will publish a compilation of the works of the future celebrity Cube. There will be several digital paintings in 1000 prints, three digital NFT auctions and a hybrid NFT / physical board auction, which will be submitted to the highest bidder: an actual original plate from Baranov-Rossine and a photo of the NFT work.
In cryptocurrency provider Brave New Coin’s podcast, Mintable CEO Zach Burks indicated that the upcoming auction could be the most striking example of artboard icons.
“This is historic. We hadn’t had anything like this in the NFT ecosystem before,” Birks said. NFTs have been around for three years, at least in Ethereum, and there has never been an iconic piece of art. This has always been something we discussed in the NFT ecosystem, but never achieved, especially from someone with a legacy like Vladimir Baranov Rosin. ”
Baranov Rusin’s grandson, also named Vladimir, said the hybrid of physical art and blockchain fits perfectly with Russian heritage. Baranov Rossin was an inventor, sculptor and painter, and was also known for pioneering experiments and works that combined sound, color and technology, such as “octopus piano”.
Descendants of Burkes and Baranov Rosen noted that Mintable expects interest from art collectors, recently wealthy Ethereum whales and informal collectors. Given the ridiculous $ 69 million bonus for Biple’s Every Day: The First 5000 Days recently received at Christie, Burks thinks the gamble will be reduced to a war between an NFT collector and a collector of art, given the extent of the mix. For both worlds:
“For me, obviously, I run a marketplace for NFTs, I love NFTs, I collect NFTs, and when I see this, I want to buy them. I want to hang this on the wall, I want to have a piece of historical art in my home and I have an NFT. That’s the beauty of this drop.”
Critics became collectors
Much in the art world have been nervous about the recent invasion of cryptocurrencies and complained that the works pushed by digital artists and NFT artists are childish or censored. This is an answer that has important historical similarities, including with Baranov-Rossine: although critics and the press questioned his work at the time, one of his sculptures is now part of the permanent collection of the Museum of Modern Art.
When asked whether Baranov Rusin would participate in the current artistic revolution of the NFT if he lived today, his grandson enthusiastically replied in the affirmative.
“Absolutely. That’s what he’s been doing all his career, so yeah, sure, I think that’s what catches him in the blockchain.” “ The other thing is the most important thing for an artist is that you want people to see how you work, whether you are alive or dead, so the whole art scene using blockchain technology and the NFT room gives the group a lot more eyes.
The decrease will affect a number of items with different price ranges. The main auction will be the physical plate associated with NFT (winner will receive the plate), plus three other auctions for digital works and six “open editions” – 1,000 digital works at a fixed price.
Other experiments, such as Banksy’s burnt artwork, which the series were revisited as NFT, involved destroying a physical piece or finding ways to tie physical and digital artworks together, such as using a chip. However, Birx believes that simply creating an NFT loosely coupled to the physical part provides advantages in terms of reduced paperwork and traceability.
Hybrid physics work and NFT releases are also on the rise. Cointelegraph was the first to report last week that legendary British artist Damien Hirst is launching an NFT project called Currency.
It looks like those who are critical of the new technology will collect it soon.