As South African artist Fhatuwani Mukheli paints a portrait of a woman at his Johannesburg studio, he is creating not only the work before him but also a digital asset destined to adorn a virtual world. Mukheli uses The Tree, an online marketplace for South African artists to promote and sell their art as non-fungible tokens (NFTs). "There's a virtual world where people are buying land in it," said Mukheli, referring to the metaverse, a three-dimensional digital reality that tech giants like Microsoft and Facebook say is the future of the internet. A view of few exhibits at Trevor Stuurman's art exhibition titled " A Place Called Home" in Parktown, a suburb of Johannesburg, South Africa, May 19, 2022. REUTERS/Siphiwe Sibeko "People have properties there ... and your art can b...
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# Tezos, an energy-efficient blockchain, returns to Art Basel at Art Basel Hong Kong 2022 as a leading choice for upcoming and prominent contemporary artists in the world of NFT art# Titled ‘NFTs + The Ever-Evolving World of Art’, the exhibition will be displayed at Art Basel Hong Kong from May 27 to 29 2022, and will showcase the next frontier in digital contemporary art, with a spotlight on generative art# The interactive exhibition space will feature a showcase designed in collaboration with leading generative art platform FXhash, allowing visitors to receive a unique generative artwork NFT from participating artists in a first-of-it’s kind interactive NFT gallery experience Non-fungible tokens (NFT) and generative art will be making waves at this year’s Art Basel Hong Kong in an ex...
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