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.
Curator and writer Aric Chen is Het Nieuwe Instituut s new General and Artistic Director
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Max Gengos s Life - 180 Words
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FASHION RETAIL By Andrew Asch | Monday, April 5, 2021
Helene Ige has been selling one-of-a-kind designs, homewares and objets d’art since 2003 at her self-named Ige (pronounced Ee-Gay) lifestyle gallery at 7382 Beverly Blvd. near The Grove retail center in Los Angeles.
However Ige, a Parsons School of Design grad, also uses the boutique as a base for her own fashions. Since 2017, she’s been making the line Paper Design House by Helene Ige.
With silhouettes influenced by mod, 1960s looks, Paper Design House uses recyclable Tyvek material to make dresses. She also prints designs on the dresses, ranging from pop art to her Spring ’21 styles, which feature seasonal images such as cherry blossoms and poppies. Retail prices points range from $115 to $125.