{"id":1543,"date":"2021-05-18T18:12:52","date_gmt":"2021-05-18T16:12:52","guid":{"rendered":"https:\/\/costops.com\/index.php\/2021\/05\/18\/its-chaos-for-a-lot-of-people-what-is-the-future-of-nfts-in-australian-art\/"},"modified":"2021-05-18T18:12:52","modified_gmt":"2021-05-18T16:12:52","slug":"its-chaos-for-a-lot-of-people-what-is-the-future-of-nfts-in-australian-art","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2021\/05\/18\/its-chaos-for-a-lot-of-people-what-is-the-future-of-nfts-in-australian-art\/","title":{"rendered":"\u2018It\u2019s chaos for a lot of people\u2019: what is the future of NFTs in Australian art?"},"content":{"rendered":"<p>While many players in more traditional fine art circles feel ill-equipped to deal with the digital art trend, some contemporary art enthusiasts are going all in<\/p>\n<p>In 1962, the French neo-avant-garde artist Yves Klein began dealing in what he declared to be <a href=\"http:\/\/www.yvesklein.com\/en\/oeuvres\/view\/640\/transfer-of-a-zone-of-yyimmaterial-pictorial-sensibility-to-m-blankfort-pont-au-double-paris\/\">Zones of Immaterial Pictorial Sensibility<\/a>. In exchange for a sum of solid gold, Klein would imbue a patch of thin air with his artistic aura and provide a receipt. One such \u201czone\u201d was <a href=\"https:\/\/collections.lacma.org\/node\/2265984\">bequeathed to the Los Angeles County Museum of Art where it exists only as a photograph of the transaction<\/a>, taken as the receipt was set ablaze and half the gold tossed into the Seine. In postwar Europe, such high-minded (Klein was <a href=\"https:\/\/www.artforum.com\/print\/199506\/klein-and-poses-55798\">an amphetamine addict, as well as a provocateur<\/a>) artistic experiments both raised eyebrows and opened wallets.<\/p>\n<p>Sixty years later, the mind-bending US$69m sale of another intangible artwork, <a href=\"https:\/\/www.christies.com\/features\/Monumental-collage-by-Beeple-is-first-purely-digital-artwork-NFT-to-come-to-auction-11510-7.aspx\">Everydays: the First 5,000 Days<\/a> by digital artist Beeple, in the form of an NFT (non-fungible token) at Christie\u2019s in March this year likewise has the art world paying attention.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/artanddesign\/2021\/may\/19\/its-chaos-for-a-lot-of-people-what-is-the-future-of-nfts-in-australian-art\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/fa13acc87a524201efc60168fa705731587db6e7\/1493_0_3567_2142\/master\/3567.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=7c8ea393f124ca22f5aa6e439bc42d2c\" title=\"\u2018It\u2019s chaos for a lot of people\u2019: what is the future of NFTs in Australian art?\" \/>While many players in more traditional fine art circles feel ill-equipped to deal with the digital art trend, some contemporary art enthusiasts are going all in<br \/>\nIn 1962, the French neo-avant-garde artist Yves Klein began dealing in what he declared to be Zones of Immaterial Pictorial Sensibility. In exchange for a sum of solid gold, Klein would imbue a patch of thin air with his artistic aura and provide a receipt. One such \u201czone\u201d was bequeathed to the Los Angeles County Museum of Art where it exists only as a photograph of the transaction, taken as the receipt was set ablaze and half the gold tossed into the Seine. In postwar Europe, such high-minded (Klein was an amphetamine addict, as well as a provocateur) artistic experiments both raised eyebrows and opened wallets.<br \/>\nSixty years later, the mind-bending US$69m sale of another intangible artwork, Everydays: the First 5,000 Days by digital artist Beeple, in the form of an NFT (non-fungible token) at Christie\u2019s in March this year likewise has the art world paying attention. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>While many players in more traditional fine art circles feel ill-equipped to deal with the digital art trend, some contemporary art enthusiasts are going all in In 1962, the French neo-avant-garde artist Yves Klein began dealing in what he declared to be Zones of Immaterial Pictorial Sensibility. In exchange for a sum of solid gold, &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2021\/05\/18\/its-chaos-for-a-lot-of-people-what-is-the-future-of-nfts-in-australian-art\/\"> <span class=\"screen-reader-text\">\u2018It\u2019s chaos for a lot of people\u2019: what is the future of NFTs in Australian art?<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":1544,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/1543"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=1543"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/1543\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/1544"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=1543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=1543"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=1543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}