Does traditional art match up to NFTs?

Artists are experimenting with new materials, formats, and messaging to create new concepts that appeal to collectors.

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Good morning!

It's your weekly NFT photography newsletter and we're back again to give you the latest news and other interesting events taking place in the NFT photography space.

This week's topics:

  • Does traditional art match up to NFTs? Photography's avant-garde comeback

  • Photography is becoming the next big genre for NFTs

  • NFT … Worries! by Thierry Maindrault

Does Traditional Art Match Up to NFTs? Photography's Avant-Garde Comeback

The art industry has been challenged by new forms and boundaries in the past few years, with the emergence of web 3.0 and the rise of NFTs.

Artists are experimenting with new materials, formats, and messaging to create new concepts that appeal to collectors.

Modern galleries are featuring moving frames and interactive spaces that engage visitors' senses, transforming traditional art disciplines into alternative universes.

Photography titans Fujifilm and Canon, along with the Parsons School of Design, are rewarding these innovative initiatives with awards and grants.

András Dobi, a professional ballet artist and Fujifilm GTX winner, challenges visions and merges disciplines in Photoreographia, a concept based on resolving the contradiction between dance being a movement through time and photography being the imprint of a moment.

Dobi's work encapsulates an ephemeral record, a digital "pas de deux" that challenges the physical representations of web 2.0 art, that can be translated into web 3.0.

Photography is becoming the next big genre for NFTs

The intersection between art and technology, specifically the emergence of non-fungible tokens (NFTs) is significantly impacting fine art photography.

Here are some key factors to consider:

  1. NFTs allow for the secure buying, selling, and trading of artwork, protecting both the artist and collector.

  2. NFTs provide a new way for photographers to value and independently credit their works that were previously screenshotted or reprinted.

  3. Fine art photography is becoming the next big genre in the NFT world as it allows for the evolution of fine art photography and its respective valuation.

  4. NFTs provide photographers with the ability to gain intellectual ownership and traceability, which increases their autonomy as artists and the value of their works.

  5. The future of NFTs in fine art photography will continue to progress beyond AI-created digital artworks and into a greater consideration of ownership and how artwork is appraised.

  6. NFTs provide immense epistemological and financial benefits for photographers and their works.

  7. The narrative of AI-created artworks should be redirected to the way they are owned, traced, and stored, and how that would come to positively impact the world of fine art and photography.

NFT … Worries! ! by Thierry Maindrault

In his monthly chronicle, Thierry Maindrault - a photography enthusiast and columnist - discusses the potential issues with NFTs, such as their disappearance and the possibility of them being corrupted, which can lead to a loss of value.

The article also raises ethical concerns about the use of NFTs and their impact on the art world.


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