The UMass Lowell Department of Art & Design issues a warning on climate change and extinction even as it celebrates the world’s wild creatures in the thrilling exhibition “Earth Oracles,” an immersive multimedia installation by Allison Maria Rodriguez. “Earth Oracles” will be on view from Jan. 31–March 22 in the University Gallery in Mahoney Hall, […]
Boston Cyberarts has commissioned five artists–John Craig Freeman, Kristin Lucas, Will Pappenheimer, Mark Skwarek, and Tamiko Thiel – to create 10 augmented reality (AR) sculptures .
NFTs, or nonfungible tokens, are certificates of ownership of a unique digital item such as a video, recording, or cyber artwork.
These digital receipts reside on the blockchain (a digital ledger). Once an NFT has been “minted” – its code permanently woven into the blockchain’s DNA-like digital strands – it can be bought or sold with a cybercurrency. In March, an artist who calls himself Beeple auctioned a mosaic of digital images as an NFT that fetched the equivalent of more than $69 million.
Why We Wrote This
In the art world, value has traditionally been based upon scarcity. But nonfungible tokens, or NFTs, are monetizing freely available digital items by placing valuation on the idea rather than the possession of a physical object.