Weekly Recap w/ Nifty Fanny
Christie's and Sotheby's in risky territory while digital art galleries are doing it right
Hello,
Let me quickly introduce myself: everybody knows me as Fanny in the NFT space, a curator, advisor and NFT enthusiast. I am thrilled to be able to share with you some of the things I learn everyday in the deep NFT art rabbit hole, without taking you down with me.
As a French person, I am no professional writer and would never pretend to be one (#pardonmyfrench). This is a low-key newsletter meant to surface some cryptoart events, news and good finds, on a weekly basis (either on Friday or Monday - I have two kids, so family comes first).
Please note that this selection is highly personal, not paid for, and by no mean investment, legal or tax advice.
This week is quite focused on Ethereum-related news, but you should expect news from all chains in the upcoming editions, especially Tezos next week.
If you have subjects you’d like me to cover, questions or comments, I am open to suggestions here. Please be polite.
Glad you have you here!
Fanny
Recent Cryptoart News
Both Sotheby’s and Christie’s announced “Curated NFT Sales”. Even with NFT native curators like Lady PheOnix at Christie’s along with legendary works like Cryptopunks or Andy Warhol’s Amiga digital work, these established auction houses take a huge reputational risk, playing with an experimental format with no proper collectors’ education on minting, conservation, or history of the works. They don’t quite understand the art they offer, how to market them, and at the end of the day to whom to offer them. [Christie’s PR] - [Sotheby’s PR] - [Artnews] - [Twitter]
Dada.art revealed some hidden truth about resale royalties. Most of the time and without broad communication on this fact, royalties are not included in the smart contracts and have only been enforced on NFT marketplaces by a social contract and with a lot of tears and sweat from the artists. [Medium]
PAK released his burn.art 🔥 project, where you can burn a PAK NFT to receive his $ASHES social token. How it works: withdraw a PAK NFT from Nifty Gateway to your MetaMask wallet, open burn.art, select the NFT to burn, say goodbye, receive $ASHES, wait to see what PAK will do next [see potential use cases here]
Available NFT Artworks
FVCKRENDER, HARKEN// – Limited edition 3D sculpture - Ed. 100 - Artifex.art [buy now for 0.35 ETH]
Loren Bednar, Traversals - Ed. 250 - Artblocks.io [buy now for 0.1 ETH]
Jon Burgerman, Skulls - Unique - Superrare.co [buy now for 1 to 3 ETH]
Rheinhard Schmid, Pink Peacemachine - Ed. 3 - Knownorigin.io [buy now for 0.25 ETH]
TripleCode, Learning Nature - Ed. 80 - Portion.io [buy now for 0.07 ETH]
Osinachi, Black Fever - Ed.25 - Portion.io [buy now for 0.7 ETH]
Noteworthy Cryptoart Exhibitions
“Jonathan Monaghan: Den of Wolves” at Bit.art, minted on Tezos (NFT site of bitforms gallery in New York) [visit online]
“Auriea Harvey, Year Zero: Digital Sculptures” at Bit.art - The show was at Bitform Gallery in April, but NFTs are still available online and minted on Tezos [visit online]
“The Bardo: Unpacking the Real” at Feral Files with artists such as Nancy Baker Cahill, Claudia Hart, Carla Gannis, Auriea Harvey [visit online]
“Pieces of Me” at Transfer Gallery in collaboration with Left Gallery with artists such as Claudia Hart, Carla Gannis, Auriea Harvey, Travess Smalley, Kumbirai Makumbe, Auriea Harvey, Rick Silva, minted on Ethereum [visit online]
“Long the Metaverse” for Consensus Conference by Coindesk with artists like Coldie, Alotta Money, Skenee.eth, curated by Whale Shark with artists and minted on Ethereum [press release] [VR space]
Events this Week
Consensus New York is happening from today, May 24 to May 27 online [register]
I am speaking tomorrow, Tuesday, May 25, from 1-2pm EST at the Appraisers Association of America virtual webinar on “Looking at NFTs Beyond the Hype” [register]
The NFT Summit is happening online, on June 1-2 [free]
I’ll finish by a good meme, to make sure you always scroll down to the bottom of the newsletter:
Or put it this way: it is now time to get more NFT art for cheaper, hodl it, and buidl the ecosystem further.
Good night to you!
Fanny
@Societe LAL Corp, Inc. All rights reserved.
Thanks for all thoses resources !
Great read! Looking forward to the next