Tina Rivers Ryan on NFTs - Artforum International
Tina Rivers Ryan on NFTs Two frames from Chris Torres’s Nyan Cat, 2011, GIF. ON THE AFTERNOON of February 19—immediately after the classic internet meme known as Nyan Cat was auctioned for almost $600,000—digital art abruptly entered the most recent, and perhaps most heated, of its many hype cycles. In the weeks that followed, media outlets from PBS NewsHour to Saturday Night Live reiterated the story of record-breaking prices fueled by an enigmatic technology called the blockchain, which is a system used by techno-libertarians and anarcho-cap...
Source: artforum.com