2021 was, undisputedly, the year of NFTs. Notwithstanding the rampant controversies climate irresponsibility, scams, and thefts But no the market for non-fungible tokens hit US$41 billion (RM180 billion) in December, with a gamut of industries from fashion to entertainment selling and utilizing the technology for a smorgasbord of digital products (virtual accessories) and purposes (club membership).
But nowhere are NFTs as pervasive as in the art world. Ever since Beeple’s “Everydays: The First 5,000 Days” sold for a whopping US$69 million (RM304 million) at Christie’s in March last year, crypto art has exploded online and permeated our consciousness like never before. In 2021, digital artists including Pak, Tyler Hobbs, and Xcopy shot to fame with headline-grabbing NFT sales that rival the global fine art market.
Museums, galleries, and art fairs also got in on the trend: The British Museum partnered with French startup LaCollection to create NFT versions of some of its artworks; Art Basel Miami held an exhibition that allowed visitors to mint their own NFTs; while international mega-gallery Pace launched a dedicated NFT platform called Pace Verso in July 2021 to show and sell the works of blockchain artists.
Singapore saw its first large-scale, physical NFT exhibition, Right Click Save, in November 2021. Diving into the history of cryptoart, the show was presented by Coinhako, a digital assets wallet service provider, and Appetite, a multi-concept space and research centre. Works from artists including Beeple, Andy Warhol, and others in the digital and cryptoart world were displayed on screens, monitors, projections, and as framed prints.
Esta historia es de la edición June 2022 de Prestige Malaysia.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición June 2022 de Prestige Malaysia.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor? Conectar
POWER PLAY
In an exclusive interview for PRESTIGE, Rolex Testimonee Jon Rahm talks about his growth in golf and the evolution of his partnership with Rolex.
ODYSSEY OF THE HERITAGE HOTEL
The heritage hotel space may be a sacred one, but with technological advancements bleeding into our everyday, it may be that time we start altering buildings of our past to match our present.
EX MACHINA
Established jewellery maisons continue to introduce technical breakthroughs in their collections while finding middle ground with age-old practices.
PEAK PRECISION
In a groundbreaking move, Omega introduces Laboratoire de Précision-an independent, state-of-the-art centre promising unparalleled testing facilities that serve to advance the future of horology.
COLOUR ME IMPRESSED
Kunihiko Morinaga doesn’t do things by the book and neither does Rado, as the Rado True Square x Kunihiko Morinaga Special Edition proves.
CHIC TECHNICITY
Richard Mille’s RMO7-01 collection marries technical ingenuity with sophisticated design, g y P g setting a new standard for women’s timepieces.
YESTERDAY'S NEWS
rom the revolutionary quartz movement to the intricate tourbillon and the game-changing automatic movement, we take a look at some of watchmaking’s most transformative milestones.
BEYOND THE DIAL
Matthias Breschan takes PRESTIGE behind the scenes of Longines, giving us his perspective on what defines its past and present.
THE WRIST LIST
An icon resurrected from the past, an avant-garde masterpiece plucked from the future, and timepieces embodying the essence of temporal spaces in between shape this month’s curated collection of timekeeping marvels.
DETOX WITH A SIDE OF BOTOX?
Wellness hotels and resorts have always been more about stress relief and sensory indulgence than scans and stem cells, but a growing number are transforming into medical wellness destinations, with science-backed therapies accompanying typical spa offerings.