NFT’s made headlines in March when Mike Winkelmann, better known as digital artist Beeple, made history.
For those who didn’t understand its significance at Art Basel Miami Beach, NFTs were this year’s banana duct-taped to a wall.
What is non-fungible is an asset that you cannot exchange for another asset, so the non-fungible token is related to an image or to videos from artists,” said Gregoire Vogelsang, the founder of the Cube Art Fair.
Vogelsang’s fair took over 50 billboards across Miami as a public art project that went beyond the vicinity of the Miami Beach Convention Center, where Art Basel has been held since 2002.
She said the coronavirus pandemic has had a radical impact on both creators and consumers of art and the NFT increases access.
“This is more direct …