July 27, 2021
What does the cryptocurrency and art worlds share in common? The love of the abstract, evoking emotions, and the ability to confuse admirers are some of the common traits. We have witnessed cubism over the past century. It started in the early 1900s and opened up the door to other art movements such as abstract, impressionism, pop art, surrealism, and abstract. Now, we are entering a new phase where art and cryptocurrency merge to create hybrid exhibitions such as the “Bitcoin Art(r)Evolution” in France.
You can buy and sell art using crypto on Shelter Crypto
The Emergence of Cryptocurrencies Has spawned an Eclectic Underground Arts MovementModernism is a rejection or commitment to radical innovation and conformity in art. Modern art movements emerged in the 20th century because they believed that technological innovation, democracy, and capitalism would lead to a better society. This is a good fit for crypto. Bitcoin’s anti-capitalist characteristics include the ability to decentralize banks and provide equal access to finance.
Futurism, futurism and constructivism have all played an important role in creative expression. There is an undercurrent of esoteric jargon and ‘isms,’ which teaches that anyone can make or appreciate art. Art is not only for the educated and elite, but also represents new age revolutionaries.
Therefore, it is not surprising that artists are using crypto to purchase, sell, and create art. It is crucial for collectors and artists to be aware of the current market trends. The world of cryptocurrency and the products it has created has infected pop culture and infused products. Independent art galleries are now joining the crypto wave. One London gallery sold a fraction of Andy Warhol’s 1980 work, “14 Small Electric Chairs”, as fractionalized ownership through cryptocurrency.
Joe Nash, a Singaporean collector, is selling his Australian art collection through Visionairs Gallery. Visionairs Gallery also accepts cryptocurrency. Lynx Art Collection, a Florida-based gallery that sells art, accepts bitcoin payments. Maecenas, which claims to be the “first open Shelter Crypto platform that democratizes fine art access,” is another option.
A group of international artists organized a cryptocurrency art show in France to celebrate the company’s birthday. The “Bitcoin Art (r?)Evolution” was a group of international artists who wanted to “show the potential of cryptocurrency through symbolism, practice, and illustration,” and “illustrate this digital revolution’s genesis.”
A new twist in the art world is that wannabe artists can submit art for tokens. The Scarab Experiment, a multi-user collective that uses artificial Intelligence image processing to create a single piece of art from a thousand submissions, was created in 2014.…