NFTs, or non-fungible tokens, exploded into the art space last year, no doubt because Beeple (a digital artist) sold his NFT at Christie’s auction house for a staggering $69 million. Yet the story of NFTs is much more interesting, significant, and subtle than that sale. This book explains NFTs in the art world—and the ways they might not only democratize the arts but enliven our larger democracy.
Since the NFT phenomenon took over the art world, useful information that isn’t too reductive is in short supply. Artists, collectors, arts professionals, art lovers, and museumgoers are still trying to understand what NFTs are, how to benefit from or engage with them, and what they mean for the art world in the future. This book is precisely for this audience.
The authors take the reader through the basic concepts of NFTs and the underlying technology of blockchain, including their origins, their surprising connections to the history of artmaking and art collecting, and their potential to radically reshape the art world. The book invites the reader to engage with this new technology, to understand its connections to the longer arc of art history, and to help shape its future.
The authors take the reader through the basic concepts of NFTs and the underlying technology of blockchain, including their origins, their surprising connections to the history of artmaking and art collecting, and their potential to radically reshape the art world. The book invites the reader to engage with this new technology, to understand its connections to the longer arc of art history, and to help shape its future.