Tag: Money

The Innovation of NFT: Preserving Authenticity and Ownership in Creative Arts

In today’s digital asset market, there are a lot of conflicting opinions about NFTs (non-fungible tokens). Whether you love or hate it, there’s no denying that NFT is a groundbreaking technology for the art and collectibles industry.

Digital artworks have emerged as a robust industry, with the NFT market expected to become $147.24 billion by 2026.

But let’s take a step back and reflect on the broader use case of non-fungible tokens.

PIGUET GREAT AUCTION: From Fine Art & Jewellery to Ferrari Memorabilia and more! Total $5 – 7.5 Million

PRESS RELEASE – Geneva, 4 June, 2022

PIGUET is pleased to organize a Great Auction of:

Fine jewellery in aid of supporting young designers

Botero, Degas, Giacometti, Picabia celebrating the female figure

The incredible Charles-Edouard Duflon collection reflecting his unusual character

First Ferrari Memorabilia sale

The Château Le Rosey library of rare books and much more!

How NFTs Benefit The Art Market?

It may be obvious but still needs to be said – the benefits of NFTs for the entire art world are tremendous!

Art that doesn’t exist in a physical form can now be bought, sold, and collected, opening many opportunities for artists, collectors, and investor.

There are also great benefits to physical art from NFTs. Art museums and galleries now have the ability to earn additional revenue from their artworks.

NFTs are clearly helping to create a unique generational synergy between the old and the new art.

Prices on Old Rotary Phones are Up 500%

MARKET ALERT | Vintage rotary phones have been steadily rising in value and liquidity, becoming almost as good as gold.

Rare models sell between $200-2000 regularly. Even most basic rotary phones are in high demand.

Well-known home decorators are getting in the game and scooping up vintage phones from the market in bulk!

Further fuel into the fire is thrown by the limited (and constantly decreasing) supply.

Rare Porcelain from Imperial Russia by Philip Batenin

This small bell shaped tea cup, manufactured in 1830s by the famous Batenin Porcelain Factory that belonged to a wealthy merchant Philip Batenin, is a perfect example of valuable antique porcelain from the Imperial Russia. The cup features one of the rarest views ever depicted on Batenin’s creations, the Smolny Cathedral on the Neva River, which is painted completely by hand.

A similar cylindrical cup with a view of the Smolny Cathedral was sold at a Sotheby’s auction in June 2007 for £2400. Another is located in the world-famous Hermitage Museum. Nowadays, Batenin’s porcelain is quite rare and highly prized among collectors.

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

PRESS RELEASE | DUBAI, 17 MARCH 2022 – 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. 

How To Turn Your Art Into Income – Business Tips On How To Successfully Launch Your Career

The art industry and the creative community at large is often overlooked and sometimes even looked down upon as a career choice. In every society there is a common misconception that individuals who wish to pursue a career in the arts are throwing away their future and will never be successful.

However, in modern times, it has been proven over and over again that a career can be made from almost anything. With the right mentorship and knowledge – success can be just around the corner!

In this article we uncover some of the positive aspects of being an artist and show how to make use of one’s resources to create a name for yourself.

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

Press Release | SINGAPORE, 08 FEBRUARY 2022 – 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

Is Saudi Prince About To Buy $36M Chinese Ming Dynasty Statuettes

After our first publication about these rare $36 Million Chinese Ming Dynasty statuettes, The World Art News received further questions regarding their provenance, authenticity, valuation, and who may be the potential buyer of these unique artifacts. For answers we went straight to the source and took a sensational, exclusive, and provocative in-depth interview with their current owner, prof. Mikhail Tamoikin, Ph.D.

Professor Tamoikin was surprisingly candid with us and gave stunning answers to all our questions. If you ever wandered how the super-rich do business, negotiate, and operate in the art market, this interview is a Must-Read!

Could two Chinese Ming Dynasty statuettes be worth more than $36 Million

It appears that one major art fund is looking to find out. You might have heard that in 2014 a Shanghai-based art collector Liu Yiqian spent $36.3 million on a tiny porcelain Ming Dynasty cup. That news made the art reporters buzz for the whole year, bringing fame and fortune to Mr. Yiqian, and making it clear to the whole world that Chinese heritage has value, a lot of value!

The Tamoikin Art Fund (TAF) is clearly looking to test this theory, because recently it unveiled two ancient Chinese statuettes that have been attributed to the Ming Dynasty, which ruled China from 1368 to 1644.