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The Back Room: Punking the Market


Sale Date:              
Starting next week, 
Sotheby’s will host “
Natively Digital” a weeklong online auction foregrounding 28 influential new media artists whose works surface the historical roots and future prospects of NFTs as a medium. Anchoring the sale is 
Quantum, a generative digital animation backed by the 
first non-fungible token ever minted.
The work’s origin is the 2014 edition of 
Rhizome’s “Seven on Seven” conference, where 
Kevin McCoy and collaborator 
Anil Dash premiered what they then (semi-ironically) called the monetized graphic (or “monegraph”) a digital image time-stamped and registered to its creator on the blockchain, allowing the artist to retain ownership (and be paid appropriately for authorized use) of a file that is otherwise by its nature infinitely replicable. ....

New York , United States , Rockefeller Center , Macarthur Park , United Kingdom , Mexico City , Distrito Federal , South Africa , City Of , New Yorker , South African , John Baldessari , Marian Goodman , Simon Lee , Lee Kun Hee , Stephen Godfroy , Alice Neel , David Zwirner , Nate Freeman , Carolyn Ramo , David Corio Redferns , Kevin Mccoy , Noah Davis , Franklin Parrasch , Anna Gray , Katya Kazakina ,