Mac Boucher, Battle of the WarNymphs. Photo: Visuals by Mac; Music by Grimes The collision of NFTs and art is not, strictly speaking, new. One of the first people to inscribe art on the blockchain was Kevin McCoy, a digital artist who started playing around with the idea in 2013.
Traditionally, artists have been trained to depend on the gallery system to gain notoriety or to promote our careers, but on a platform like SuperRare, you can reach the collectors directly and create an immediate relationship. The culture of cryptoart collecting is a personal one. My collector and I know each other now through the entire process of collecting my art. He is anonymous, but we do have meetings.
With the Beeple sale, it was something that the business side had a lot of appetite for. We were already intrigued by the idea of accepting cryptocurrency for payments, so we used this opportunity to test that out.
Nobody’s neutral on this issue. A lot of people are shivering in their boots. With the advent of NFTs and the blockchain—the kind of transparency that it allows and requires—it really does pull the rug out from underneath a lot of strategies that have been tried and true in the art world for millennia. Now there’s a lot of subterfuge and a lot of cloak and dagger.
NFTs were the gateway to this video-game–Ready Player One universe that we have been bullish on from the beginning of WarNymph. Our statement was: This is the introduction to the Grimes metaverse, which is very much a hype word, but it’s true. That is not just art but the evolution of art identity and how we’re going to interact with each other and create in this emerging virtual economy that I think is going to be absolutely massive.
We launched Aku on February 21, a little bit before the boom happened. It was tremendous — we sold a million dollars in one minute. People bought 1,400 of those Aku Chapter Ones. Two or three people in the Crypto for Black Economic Empowerment group had said, “We want to make this a big, big drop.” So 48 hours before the release, they got together and rallied people behind Aku. With NFTs, the community can rally around it like a scoreboard.
MatthewSchneier 7 Days in a row, Breaking! 168 hours, or 7 full days, on average: Wind electricity in UK & Scotland = 5.4% capacity
MatthewSchneier Thank you for covering this space 🙏
MatthewSchneier
MatthewSchneier Wearing Cotton Gloves and Masks can beat COVID-19 in two weeks. Health Experts don’t know the science on this but I know, physics measures are far better than vaccines. In May 2020, I swore that I'd like to accept the most severe penalties including death if my idea doesn't work.
MatthewSchneier But I’m not into like paying the gas fees just yet !
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