CryptoPunk now in an art gallery near you

3 min read | October 25, 2021 12:42 PM AEDT | By Kiara Khanna

Highlights

  • Art galleries are open to experimenting with NFTs
  • Celebrities are throwing their hat into the world of NFTs
  • Metaverse opening up new possibilities

NFT creators like Beeple are taking the world of NFTs by storm. Now the NFT owners are pushing it a notch higher in their quest to show off the world something that they bought by spending millions of dollars. Now you can get hold of world-famous NFTs like CryptoPunk and Bored Apes in a Christie’s or Sotheby’s near you.

Art gallery owners embrace NFTs – No Fear in Trying!

With an unending love towards NFTs, art gallery owners are now not fearing in trying to get eyeballs through these pieces of art. Experiments on the display of these pieces of art is seen in physical galleries. As reported by Decrypt, different art galleries are displaying the NFTs in a unique manner trying to grab maximum attention.

Christie's New Nork Office

Image Source: © Shiningcolors | Megapixl.com

The Art galleries love for NFTs is not new. Art auction house Christie’s earlier sold Mike Winklemann collage better known as Beeple for a whopping US$69.3 million. It also sold Andy Warhol NFT for a combined US$3.3 million, which is a digital version of Banksy’s Street art. Sotheby’s, on the other hand, conducted a week-long auction of Natively Digital: A curated NFT Sale. This unique art called the Cube by an artist Pak was entirely different from the video sale by Christie’s.

CryptoPunk now in an art gallery near you

There seems to be no doubt that the era when Michaelanglo’s Sistine Chapel, Picasso’s Weeping Women inspired art lovers has now entered a new regime with Crypto Punks, The Beeple, Cool Cats and the Bored Ape Yacht Club. Art has now taken a new form and it is quite evident with the parabolic growth of the NFT world.

Watch: Martha Stewart auctions off her NFT portraits to tap into crypto craze

NFTs have been gaining eyeballs from artists – both old and new, celebrities as well as corporate giants. Visa, Nike, the NBA have made a sizable investment in the space. Celebrities like Lionel Messi, Tom Brady and the latest entrant Former NBA superstar, Shaquille O’Neil are not shying away from trying their hands in the NFT world.

Watch: From Ordinary Joes to Celebs What’s The Big NFT Craze All About ?

The Crystal Head and Headset Metaverse Content 3D

Image Source: © Sunplus60 | Megapixl.com

But, I believe, the debate as to whether art belongs to physical display in galleries or a virtual metaverse is an unending one. But, as of now, it seems that art has reached a whole new level with NFTs and we might see a great blend of both physical and digital art with art galleries experimenting in the space.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.


Sponsored Articles


Investing Ideas

Previous Next