Category: NFT

Latest World Art News about Non-Fungible Tokens (NFT), Crypto and Digital Art

NFTs Exhibited at WOW Festival in Dubai Sold to Major Digital Art Collectors 

By on • ( 2 Comments )

Digital Gallery at WOW Summit Dubai Witnesses Major NFT Sale on the First Day of the Exhibition.

WOW summit commenced on the 13th of March with three full days of blockchain, metaverse industry news. The ‘Alternative Reality’ exhibition was curated by Daria Lomova, an art advisor and historian.

One of the main aims of the WOW summit was to raise public knowledge and awareness of the sweeping world of blockchain, crypto, AI, NFTs and beyond. That is why it was important for Lomova to curate an exhibition that people could relate to, while learning about the different digital art forms. 

NFT AUCTION: RtistiQ Set To Launch Digital NFTs of Raja Ravi Varma’s ‘The Coquette’ and ‘Reclining Nair Lady’

By on • ( 1 Comment )

To start off the new year, RtistiQ will present the Digital NFT versions of Raja Ravi Varma’s (RRV) works ‘The Coquette’ and ‘Reclining Nair Lady’, two of his most famous paintings. With the originals considered to be National Treasures and unable to be brought out of India, the NFT versions will be auctioned online on the RtistiQ platform from 17 February to 20 February 2022.

This collection will be single editions of works of the Indian Art Legend to be tokenized and minted and this also marks the first NFT sales in collaboration with a traditional gallery and an artist foundation.

Original Artworks valued at USD 2.5M

Lithographs valued at USD 1K

Exclusive Interview: MONCHO1929 – Explosive Public Artist for the VIP | Google, Audi, Figge, Buffett

By on • ( Leave a comment )

From Google and Audi to the French Consulate of the US, from Paramount and Universal Pictures to the Public Art collections of cities like Glendale, Los Angeles, and West Hollywood – his work has been featured in various solo and group exhibitions in the United States and all over the World! This is WAN’s exclusive interview with an explosive public artist – MONCHO1929

The Problem with NFTs

By on • ( Leave a comment )

Around February of this year, in the midst of the still-pending cryptocurrency boom, a sub-category of digital assets started to really take off. NonFungible.com reported that by the first quarter of 2021, over $2 billion worth of transactions had taken place in the NFT market. Musician Grimes sold almost $6 million worth of digital art via digital asset marketplace Nifty Gateway, who are partnered with Sotheby’s. Twitter founder Jack Dorsey auctioned his first ever tweet as an NFT, the final bid closing at $2.9 million. UFC Heavyweight Champion Francis Ngannou sold NFTs following his knockout victory over Stipe Miocic. The proceeds of the sale, $580,000, was actually more than his disclosed purse for the fight itself that earned him the belt. Despite the hype, in many regards serving as a speculator’s dream, NFTs come with inherent issues that threaten to hamper widespread and enduring adoption.

$133 Million in Loans: Exclusive Interview with an Art Banker, Thomas González – Part 2

By on • ( 1 Comment )
Thomas González

Thomas González has always had a passion for art. Today, he arranges art loans and has committed himself to the art loan business. He has developed a trusted cadre of financial partners, responsible for successfully brokering art loans above $133 million. We, at The World Art News, have had the pleasure of interviewing Thomas to learn the ins and outs of being an art banker. In this two-part series, you will discover his secrets to running a successful art loans business. This time, in Part 2 of our exclusive interview, Thomas González will talk about the differences between the art and financial worlds, share with us how art loans change lives, and tell our readers how to get started as an investor in the global art market.