Abirpothi

India’s only daily art newspaper

NFT

Yuga Labs Sets Sail with Acquisition of Proof: Expanding Web3 Empire

Yuga Labs, the prominent web3 and lifestyle company behind the widely acclaimed Bored Ape Yacht Club, has made waves yet again in the non-fungible token (NFT) space with its recent acquisition of rival creator Proof. This strategic move marks a significant expansion of Yuga Labs’ already formidable presence in the burgeoning world of blockchain-based art […]

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Changes Afoot: X (Formerly Twitter) Halts NFT Profile Pictures for Paid Subscribers

In an unexpected development, X (formerly Twitter) has discreetly removed the option for its paid subscribers to feature NFTs as profile pictures. This modification in features comes on the heels of a recent announcement by Elon Musk, the owner of the company, detailing X’s plans for the year 2024. Background: Twitter Blue’s NFT Profile Picture

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Antiquities Trafficking: Debunking the Myth of the “Third Largest Illicit Trade”

The claim that the illicit antiquities trade is the “third largest illicit trade in the world” has been widely circulated for over five decades. However, new research by archaeologists Donna Yates and Neil Brodie sheds light on the origins of this factoid and exposes its lack of verifiable evidence. The study, published in the peer-reviewed

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Christie’s Fails to Sell $400,000 ‘Lost Robbie’ NFT Weeks After a Similar One Sold on SuperRare

The digital art market has been experiencing both highs and lows, with occasional impressive sales amid an overall bear market. Recently, the Canadian company Lighthouse Immersive Inc., renowned for its immersive art exhibitions, filed for bankruptcy in the US. Similarly, Christie’s faced its share of challenges in the digital art space when one of artist

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Wild ‘goose’ chase of $ 6.2 millions

Smriti Malhotra During Sotheby’s “Grails” sale, the second part of an auction featuring works owned by Three Arrows Capital (3AC), a crypto firm, collectors flocked to bid on digital artworks. The sale raised nearly $11 million, exceeding the high estimate of $4.8 million. The highlight of the auction was Dmitri Cherniak’s artwork titled “Ringers #879

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Based on a 100-year-Old Quilt in the LACMA Collection, Generative Artist Emily Xie Produced a Series of 100 NFTs.

Pratiksha Shome masculine, blond, and best seller. The kings of the current generative art scene—Tyler Hobbs, Dmitri Cherniak, Larva Labs, and Jack Butcher—can all relate to this tagline. Unfortunately, the top creators of the probably original and most lucrative NFT genre—a shout-out to Bridget Riley—largely replicate the homogeneity of its analogue forebears. Emily Xie, a

Based on a 100-year-Old Quilt in the LACMA Collection, Generative Artist Emily Xie Produced a Series of 100 NFTs. Read More »