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Artmarket.com: a number of well-known artists are getting into NFTs, including Damien Hirst, Takashi Murakami and Vhils.

    thierry Ehrmann, CEO and Founder of Artmarket.com and its Artprice department: " There is a strong temptation for artists to test the new NFT market driven by dizzying growth and offering all kinds of openings, in fashion, music, video games, etc. However, this universe is governed by its own codes: to succeed in it, you need to be able to build a real digital project, and you need to bring together a community of collectors, write smart contracts, and master the whole process of...
PARIS, (informazione.it - comunicati stampa - arte e cultura)

 

thierry Ehrmann, CEO and Founder of Artmarket.com and its Artprice department: " ".

Many of these logistical tasks would normally be managed by a gallery, but so far they have been taken care of by the artists themselves and their teams, with varying degrees of success.

Adept at collaborating with big brands, the Japanese artist has worked over the past few months with the RTFKT studio, recently acquired by the company Nike: " ". At the end of March 2021 , Murakami had posted 108 flowers on the OpenSea platform, but took them down a few days later. With his new collaboration with RTFKT and having been able to rework his works as well as his smart contracts, he is in the process of making a new drop of his Murakami.Flowers.  

https://murakamiflowers.kaikaikiki.com/

 also released a collection of NFTs in the spring of 2021. Interviewed by the Wall Street Journal, his gallery owner Larry Gagosian said he wanted to take the time to explore the issues of NFT technology before going ahead with it. Meanwhile, has also launched a collection of NFTs, called . Following in the footsteps of (whose eponymous Foundation sold five of his digital creations via Christie's in the form of NFTs in May 2021 ), Damien Hirst has created 10,000 works on the border between unique creations and interchangeable investments, thus questioning the non-fungible aspect of NFTs: " ". 

https://opensea.io/collection/thecurrency

Accustomed to working with, but also without, the assistance of their galleries, street artists are a little better equipped to navigate the NFT jungle. Most of them adopted pseudonyms and began working in the shadows, often during the night, while their works were only discovered at dawn, before traveling around the world on social networks. This has much in common with NFT drops.

The Portuguese artist famous for his mural works – created by removing material with a chisel or with explosives – has clearly demonstrated his mastery of digital codes. Very active on Twitter, Discord and Instagram, he already has around ten collections on the platform Nifty Gateway. His ephemeral creations are therefore given an alternative way of existing in the digital space. It is now possible to acquire videos of his explosions and of the resulting "detritus".

Echoing his artistic practices, Vhils is also using one of the options associated with NFTs, known as "burning", to erase NFTs from their Blockchain contracts. " .

https://niftygateway.com/collections/vhilsdestroydrawing

Two other street artists from the Danysz gallery, and , have also minted tokens on the Nifty Gateway platform, as indeed have , and even .

 was very quick to appreciate the possibilities of extending his universe into the Metaverse via a collaboration with the SixN.Five studio. In May 2021 , they jointly launched an Open Edition titled 671 NFTs were minted for an introductory price of $1,500 , while the lowest price for one of these is currently $4,900 . Represented by the Perrotin gallery, Daniel Arsham has already produced six other series of NFTs in more or less rare editions, from the unique work titled to an edition of 200 copies, called .

https://niftygateway.com/profile/danielarsham/collections

Among the proposals by Contemporary artists that best exploit the codes of the NFT market, one of the most remarkable is that of the . Artist , represented by Thaddaeus Ropac Gallery, has invented 1,000 rockets consisting of three parts (nose cone, body and tail assembly) which can be purchased separately and recombined to create a complete rocket. This can then "take off": the three parts are erased and replaced by a new rocket, while a 'real' copy is made by Tom Sachs and sent into the air: "

https://tomsachsrocketfactory.com/how-it-works

Despite the issues surrounding the security of collections in e-wallets and the origin of NFTs on platforms (starting with OpenSea), a growing number of Contemporary artists are seeing a tremendous opportunity in NFT technology to bring to life whole chapters of their work which could not be traded before, and to invent new creations in the Metaverse.

Image: https://imgpublic.artprice.com/img/wp/sites/11/2022/03/image1-Vhils-Delphic.jpg

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