Free Malaysia Today: Digital art of Hermitage Museum to be sold as NFTs

Free Malaysia Today: Digital art of Hermitage Museum to be sold as NFTs. “Russia’s Hermitage Museum, the largest art collection in the world, announced Tuesday it will sell several masterpieces, including a work of Leonardo da Vinci, in the form of non-fungible tokens (NFT). The Saint Petersburg-based museum in partnership with the Binance NFT marketplace will run the auction starting Tuesday and until Sept 7, the Hermitage said in a statement.”

CNET: What is an NFT? Everything to know about the expensive digital tokens taking over cryptocurrency

CNET: What is an NFT? Everything to know about the expensive digital tokens taking over cryptocurrency. “Nonfungible tokens, or NFTs, are a new kind of collectible that could — or could not — earn you big bucks. NFTs began in 2017 and became the new craze faster than any other cryptocurrency you may have heard of. But you can’t keep NFTs in your dresser drawer, like Pokemon cards, a comic book or paintings. They’re entirely digital and are tied to almost anything — a video highlight, a meme or even a tweet. If this doesn’t make much sense to you, well you’re not alone.”

Metaverse style: the fashion houses vying to dress your online avatar (N Lifestyle)

N Lifestyle: Metaverse style: the fashion houses vying to dress your online avatar. “This weekend, Dolce & Gabbana’s couture NFT (non-fungible token) collection will be released. The fashion house is to reveal its high jewellery and haute couture collections for men and women (Alta Gioielleria, Alto Sartoria and Alto Moda respectively) in Venice, and it will also unwrap its first-ever NFT collection called Collezione Genesi. Comprising nine pieces, four will be entirely digital, while the remaining five – two dresses, a man’s suit and two crowns – will have both physical and digital iterations.”

BBC: Twelve-year-old boy makes £290,000 from whale NFTs

It would be very easy to turn this newsletter into NFTBuzz, which is why I am mostly avoiding the flood of NFT-related articles that make it into my Google Alerts. But sometimes… BBC: Twelve-year-old boy makes £290,000 from whale NFTs. “A 12-year-old boy from London has made about £290,000 during the school holidays, after creating a series of pixelated artworks called Weird Whales and selling non-fungible tokens (NFTs).”

New York Times: Teens Cash in on the NFT Art Boom

New York Times: Teens Cash in on the NFT Art Boom. “Last fall, Randi Hipper decided to, as she put it recently, ‘go in-depth with the crypto space.’ After hearing about NFTs on Twitter and other social media platforms, Ms. Hipper, then a 17-year-old senior at Xaverian High School in Brooklyn, began releasing her own digital artworks — cartoonish and self-referential pieces showing her cruising in a car with a Bitcoin license plate or riding the Coney Island Wonder Wheel.”

Journey from Digital to Physical: 9 NFT Galleries You Can Physically Visit in 2021 (Coinspeaker)

Coinspeaker: Journey from Digital to Physical: 9 NFT Galleries You Can Physically Visit in 2021. “Before we go ahead and list down the 9 popular choices to visit, let’s recap our understanding of what exactly is an NFT. In simple words, these non-fungible tokens store digital data whose authenticity as well as ownership are defined by the blockchain technology used in their creation. Each token is unique to the digital data it stores and is not interchangeable like the regular currency. Here are the 9 most popular galleries to visit this year.”

‘Own a part of history’: UC Berkeley to sell nonfungible tokens of scientific discoveries (Daily Californian)

Daily Californian: ‘Own a part of history’: UC Berkeley to sell nonfungible tokens of scientific discoveries. “UC Berkeley will auction two nonfungible tokens, or NFTs, relating to Nobel Prize-winning inventions for the funding of future research and innovation. The NFTs being sold include digital art pieces consisting of the original patent disclosure forms behind former campus professor James Allison’s cancer immunotherapy research, for which he shared the 2018 Nobel Prize in physiology or medicine, and CRISPR-Cas9 gene editing, for which campus biochemistry and molecular biology professor Jennifer Doudna shared the 2020 Nobel Prize in chemistry.”

IP Watchdog: Non-Fungible Tokens Force a Copyright Reckoning

IP Watchdog: Non-Fungible Tokens Force a Copyright Reckoning. “The cycle of copyright law trying, and generally failing, to adapt and keep pace with emerging technology has meant copyright stakeholders have been always at a disadvantage because legal enforcement lagged so far behind innovative infringement. But during a year in which vast swaths of life moved online, the internet has forged and driven to prominence a powerful new tool for protecting copyright owners’ unique assets: the non-fungible token (NFT).”

Wired: NFTs and AI Are Unsettling the Very Concept of History

Wired: NFTs and AI Are Unsettling the Very Concept of History. “The archival world is a world of inadequate budgets and financial constraint, filled with underpaid workers and massive, poorly resourced projects like digital preservation, and the challenging task of digitizing analog materials. Will archives be tempted by the potential upside of NFTs and tokenize digital representations of their crown jewels (or the rights to these assets)? This would worsen an already bad situation, where institutions like our Library of Congress hold physical copies of millions of films, TV programs, and recordings that can’t be touched because someone else holds the copyright.”

Spotted via Reddit: ZodiacNFT

Spotted via Reddit: ZodiacNFT. From the About page: “Zodiac is a visual discovery engine for NFTs. Combined with a set of proprietary AI modules, Zodiac enables users to search for and discover the best content on blockchain.” It’s a visual search engine for NFTs. I put in a picture of my mother’s dog and got lots of NFTs of dogs and cats. I put in a Norma Shearer meme and got pictures of Marilyn Monroe.

Kittens, tweets and basketball memories — Mark Cuban’s new online gallery is a showroom for the latest craze: NFTs (Dallas News)

Dallas News: Kittens, tweets and basketball memories — Mark Cuban’s new online gallery is a showroom for the latest craze: NFTs. “Billionaire entrepreneur, Shark Tank investor and Mavericks owner Mark Cuban is once again innovating in the digital space, launching a new kind of online art gallery for creators in Dallas and beyond. He’s created a platform to present non-fungible tokens, or NFTs, the digital assets that have been grabbing headlines since an artist known as Beeple sold one for $69 million at the auction house Christie’s in March.”

Motherboard: People’s Expensive NFTs Keep Vanishing. This Is Why

Motherboard: People’s Expensive NFTs Keep Vanishing. This Is Why. “Last month, Tom Kuennen, a property manager from Ontario, coughed up $500 worth of cryptocurrency for a JPEG of an Elon Musk-themed ‘Moon Ticket’ from DarpaLabs, an anonymous digital art collective. He purchased it through the marketplace OpenSea, one of the largest vendors of so-called non-fungible tokens, or NFTs, in the hopes of reselling it for a profit. ‘It’s like a casino,’ he said in an interview. ‘If it goes up 100 times you resell it, if it doesn’t, well, you don’t tell anyone.’ He never got the chance to find out.”