Connect with us

Art

NFTs may outlast physical art galleries, says famed British artist Damien Hirst – CNBC

Published

 on


Famed contemporary artist Damien Hirst told CNBC on Wednesday he believes in the staying power of nonfungible tokens, or NFTs, the blockchain-based digital collectibles that soared, then sank, in popularity this year.

“You look at what’s happening in NFTs, and you can kind of see the galleries disappearing before you see the NFTs disappearing,” Hirst said on “Squawk Box,” where the British artist discussed his NFT collection called “The Currency.”

That project features 10,000 NFTs, with each corresponding to their own distinct works of physical art. The NFTs cost $2,000 apiece. But the twist: Their eventual owners have one year to choose between holding onto the NFT or exchanging it for its physical creation. The one owners don’t pick will be destroyed.

“They’re both art, and they’re both equal. I had to buy into that first, and I have to buy into the idea that I’m happy with destroying physical art and destroying the NFTs,” Hirst said. “I’ve got absolutely no idea what people will do.”

Applications to buy one of Hirst’s NFTs closed Wednesday after opening a week ago.

The NFT craze took off early this year, coinciding with the surging interest in and the surging value of cryptocurrencies such as bitcoin and ether; both NFTs and cryptocurrencies are based on blockchains, which are decentralized digital ledgers. High-class auction houses Christie’s and later Sotheby’s jumped into the NFT action. In March, the digital artist Beeple sold an NFT for $69 million at a Christie’s auction.

NFTs are unique by design, and proponents say that scarcity supports their value over the long term. However, just as bitcoin and other cryptocurrencies hit a rough patch this year, the amount of money spent on NFTs suffered a noticeable decline in May and into June, according to weekly sales data from the website nonfungible.com. Total money spent on NFTs has started to trend upward again in recent weeks.

Critics of NFTs say they’re just a fad, destined to fade in value over time. Believers in cryptocurrencies and blockchains broadly herald NFTs as a crucial innovation that can prove ownership of assets in an increasingly digital world.

Hirst, a prominent figure in the Young British Artists phase that began in the late 1980s, said he sees tension between the people in the worlds of physical and digital art. At the same time, Hirst tried to blur the distinction in some ways.

“I think that digital art is probably going to last a lot longer than galleries. I mean, you probably won’t be going into galleries. We’ll be sitting in bars showing each other what we’ve recently bought on our phones, and that’s kind of what we do now. I just think anything that looks good and feels good, and makes you feel good, you know, it’s good art. It doesn’t have to be in a gallery.”

Skeptics also have criticized the fact that ownership of an NFT-based artwork doesn’t prevent other people from easily being able to view the image online. Because copies of the artwork can appear in various digital places, some question what the value proposition of NFT ownership really is.

Addressing that criticism, Hirst said, “It’s not a new thing that artists want to reproduce things.”

“I’ve often thought about it like, in terms of the ‘Mona Lisa.’ Which would I rather own? The ‘Mona Lisa’ itself, with all the difficulties with looking at it because of the tourists and the bulletproof glass, or the merchandising possibilities? The T-shirts and the postcards and the earrings and the mugs,” Hirst said.

“It’s like, I love both. Art exists, in the world we live in today, in both those areas. As an artist, I want to reach people, and I think the postcard is really appealing. So NFTs create that for an artist. I guess the worst thing for an artist is being ignored or disappearing without a trace,” he said.

Adblock test (Why?)



Source link

Continue Reading

Art

Summer Stations art installations are coming soon to Kew Gardens and Woodbine Park this August – Beach Metro Community News – Beach Metro News

Published

 on


The ‘ARc de Blob,’ now up in front of Kew Gardens on Queen Street East, is one of three Summer Stations art installations set to be on display in August in the Beach. Inset photo shows an image of seashell-shaped The Epitonium, which will be displayed at the north end of Woodbine Park by Queen Street East. Photo by Susan Legge.

Winter Stations along Woodbine Beach has become Summer Stations in the Beach.

The transition began this week when the ‘ARc de Blob’ art installation made its appearance on Queen Street East at the entrance to the Beach’s Kew Gardens park.

The installation is a joint effort by an Austrian and British design team made up of Aleksandra Belitskaja, Ben James and Shaun McCallum. ARc de Blob’s designers describe it as “a colourful landmark, a point of orientation, interaction and refuge.”

The art installation was one of five originally selected to be part of this past February’s Winter Stations art installations along Woodbine Beach.

However, due to the increasing COVID-19 case numbers earlier this year, the event had to be altered to the point that no art works were installed along Woodbine Beach this year.

Instead, Winter Stations organizers made the best of the rapidly changing situation by displaying the winning art installations in other locations in Toronto, including the Distillery District, in the spring.

They also changed the name from Winter Stations to Spring Stations; and now finally to Summer Stations for the ARc de Blob, The Epitonium, and a third installation (to be determined) in the Beach.

The Beach BIA and Winter Stations are presenting the art installations in the Beach until Aug. 31.

The ARc de Blob is already in place, and thanks to a contribution from The Richards Group, two more stations are coming to Queen Street East — The Epitonium in Woodbine Park, and the third yet-to-be determined installation which is set to be completed by next week when Summer Stations officially launches.

The Epitonium is designed by the Iranian team of M. Yengiabad – Shahed M. Yengiabad, Elaheh M. Yengiabad, Alemeh M. Yengiabad and Mojtaba Anoosha.

It is described as a “giant seashell” in harmony with its location. “It’s a beautiful and functional landscape. The creation of this idea causes natural shelter to become a refuge. The design of this structure is inspired by epitonium, which is a type of seashell,” said its designers.

The Epitonium’s installation is pretty well complete as of this week and it is located at the north end of Woodbine Park near the Queen Street East entrance.

For more information on the art installations that were selected for this year’s Winter Stations, please see our earlier story at https://beachmetro.com/2021/01/22/winter-stations-2021-winners-named-but-exact-date-of-exhibition-on-woodbine-beach-yet-to-be-determined/

For more information on Summer Stations and The Beach BIA at Kew Gardens and Woodbine Park, please go to https://winterstations.com/ which will have full details up on the website next week.


Did you enjoy this article? If so, you may consider becoming a Voluntary Subscriber to the Beach Metro Community News and help us continue providing the community with more local content such as this. For over 40 years, our staff have worked hard to be the eyes and ears in your community, inform you of upcoming events, and let you know what and who’s making a difference. We cover the big stories as well as the little things that often matter the most. CLICK HERE to support Beach Metro News.

Adblock test (Why?)



Source link

Continue Reading

Art

Art exhibit looks at a year from now – The Daily Courier

Published

 on


What can happen in a year? Lake Country-based artist and curator Wanda Lock delves into the passage of time and the cycles in our lives with a new exhibition that opens Friday at the Kelowna Art Gallery.

Titled A Year From Now, it presents 63 works she selected from the gallery’s permanent art collection.

“Where do you even start?” said “There are over 900 artworks in the collection to choose from. I needed something to help centre my approach and create a narrative that visitors could bite into. So, I started with a pot of tea. Then, I spent many, many hours browsing the collection via the Gallery’s online database.”

Ultimately, Lock decided to divide this introspective exhibition into five thematic groupings.

The first section gallery-goers encounter is Love is Blind,. Around the corner is Home is Where the Heart is. Best Laid Plans considers the nature of disruption and unforeseen circumstances. When You Crop a Photo, You Tell a Lie visits transitional moments and change. Lastly, To Everything, There is a Season returns to summer time in the Okanagan.

“I wanted to include a few of my favourite pieces (which didn’t all make the cut), but more importantly, I wanted to create an exhibition that would explore themes that reflect on the year we just came through, while looking ahead to the future with hope and reassurance,” said Lock.

A Year From Now features an eclectic presentation of work by Okanagan-based artists including Briar Craig, Fern Helfand, Jane Everett, and Jim Kalnin, along with Landon Mackenzie, Gathie Falk, Norval Morisseau, Carl Beam, and Wanda Koop, among others. Visitors will see art in a variety of mediums, including drawing, painting, sculpture, photography and more.

The exhibition also showcases five written works that were commissioned from local poets Carin Covin, Asheigh Giffen, Shimshon Obadia, Laisha Rosnau, and Michael Turner.

“We are always delighted to share artworks from our collection with regional audiences and the visitors who might be in the city. After all this art is yours,” said Nataley Nagy, eecutive director at the Kelowna Art Gallery.

“We hold these important pieces of art in trust for the City of Kelowna, on behalf of all of its citizens.”

A Year From Now: Works from the Permanent Collection can be seen until Nov. 21. The Kelowna Art Gallery is located at 1315 Water St.

Adblock test (Why?)



Source link

Continue Reading

Art

Inaugural art festival to showcase the work of artists in southwest Saskatchewan – moosejawtoday.com

Published

 on


Since some tourists like to travel in September when crowds are smaller, an organization in southwest Saskatchewan wants to attract those people for an inaugural arts festival occurring in several area communities.

The Cypress Hills Grasslands Destination Area (CHGDA) organization has organized the first Southwest Art Fest, which encompasses multiple art genres such as painting, drawing, pottery, quilting, photography, film, music and other visual arts. 

The event runs from Sept. 1 to 30 and gives artists throughout that area the chance to showcase their artwork. Artists are encouraged to find a venue in which to feature their material and vice versa.

The CHGDA has 36 partners in dozens of communities throughout the province’s southwest corner and southeast Alberta.        

Blaine Filthaut, owner and artist with the Broken Spoke Fine Art Gallery and Gift Store in Maple Creek, explained that September is the best month for his business since “a different type of tourist travels at that time.” Furthermore, since there are few scheduled activities across the area, the CHGDA wanted to fill that month in an organized way. 

“The concept comes from almost like a city art walk, where you go on a third Thursday of the month are walks at this location, and you go,” he said. “And on those concepts, usually what happens is an artist finds a venue or a venue finds an artist that wants to participate.” 

However, an art walk is impossible for small towns, especially when they are scattered across more than 42,000 square kilometres of southwest Saskatchewan, Filthaut continued. This is unfortunate since there are “a huge amount of great artists” in the area. 

“Like the whole area, I’m saying there are many artists not well known, and art as a culture in Saskatchewan isn’t the highest thing on the list, either, so this is also a nice way to be promoting the arts,” he added.

This festival also helps address the issue of towns holding activities and their neighbours not knowing about them. This event ensures all municipalities are aware of what’s happening.

The CHGDA has a map on its website listing all 36 partners and the communities where they’re located. This is important, said Filthaut, since some tourists like to engage in “map quests” where they use Google maps to find lodgings and restaurants in communities and then visit those places. 

The organization’s area stretches from Leader in the northwest to Val Marie in the southeast. Although Swift Current is not included as a partner but is on Highway 1, the CHGDA approached art galleries in that community and convinced a few to participate in the festival. 

The festival provides a safe venue to tour, meet and discover art in southwest Saskatchewan in a COVID-19-safe environment, said Filthaut. That area of the province is also vast and diverse and features many kilometres of highway that pass through the sandhills, the grasslands, Cypress Hills and communities with great sights to discover.

The Cypress Hills Grasslands Destination Area spoke with Tourism Saskatchewan about this event, he continued, and while the government-run organization loved the idea, it was too late to support it due to uncertainty surrounding the pandemic. Yet, Tourism Saskatchewan said it might jump on board in 2022.

Even though the CHGDA could not obtain a provincial endorsement, the organization is still excited to host the month-long festival.

“We’re looking forward to it. Everybody I’ve talked with, including from the artistic side, they think it could be here for a long time. It’ll just grow … ,” added Filthaut. “Once you get on the map and do a show, it just builds. But somebody’s got to start it, and this is the start.”  

For more information, visit https://visitcypresshills.ca or the CHGDA Facebook page

Adblock test (Why?)



Source link

Continue Reading

Trending