Get ready for the world’s first NFT art exhibition to be held in UCCA Center for Contemporary Art in Beijing. NFTs, short for non-fungible tokens, are unique digital assets that are individually identified on a blockchain and enable a person to own a widely available digital work of art.
The exhibition, titled “Virtual Niche – Have You Ever Seen Memes In The Mirror?” Is dubbed “The World’s First Large Institutional Crypto Art Exhibition”. On display are works by more than 60 artists, including the new market darling Mike Winkelmann, better known as Beeple.
The work of the digital artist Everyday life – the first 5000 days is currently in first purely digital art auction at Christie’s, which will be bidding live until March 11th. The work currently costs an astonishing $ 3.5 million.
The auction house previously auctioned its first NFT artwork, one of Robert Alice‘s Portraits of a Mind painting in October for $ 131,250. The piece, covered with 322,048 hexadecimal codes, will be seen among the works of the UCCA.
NFTs have been around recently a big sensation in the art market, driven in part by technology investors in cryptocurrency. Another Beeple NFT was resold last week Refined gate, an online digital art marketplace, for $ 6.6 million– 100 times the $ 66,666.66 it had previously made when it was first sold in October.
“As tastes change over the generations, we felt it was important to sponsor an exhibition that shows the interest of a demographic that has previously had little institutional research,” said Elliot Safra, a partner with the AndArt Agency, who is in charge of the organization participated in the exhibition, in a statement. “We hope that this exhibition will help bring the dialogue around crypto-art from the fringes to the mainstream.”
UCCA is hosting their NTF and crypto art exhibition through their UCCA laboratorywhich she describes as an “interdisciplinary platform for new forms of art-related collaboration”. Sun Bohan, CEO of the crypto arts company BlockCreateArt, is the curator, and the Digital Finance Group and Winkrypto are jointly moderating the show.
Other artists that will be featured include DJ deadmau5, Mario Klingemann, Robbie Barrat, Pak, Fewocious and Mad Dog Jones.
The largest drawing will undoubtedly be “Everydays – The 2020 Collection”, a selection of Beeple’s daily digital drawing series that was launched in 2007 Meta wallet. The crypto-exclusive fund bought 20 first editions of artwork on Nifty Gateway for $ 2.2 million in December and is selling “tokens” for joint ownership of what they named the B.20 bundle.
“Virtual Niche – Have You Ever Seen Memes In The Mirror?” Will be held from March 26th to April 4th, 2021 at the UCCA Lab, 798 Art District, No. 4 Jiuxianqiao Road, Chaoyang District, Beijing, China.
consequences Artnet news on Facebook:
Do you want to be one step ahead of the art world? Subscribe to our newsletter for the latest news, insightful interviews, and succinct critical views that will keep the conversation moving.