DigitalCollectors.com

21/02/2022

Real Estate Industry Set for Change with DeFi and NFTs

Over the past few months, news about NFT-linked physical real estate being sold has permeated our airwaves, and today we’ll look into how NFTs and DeFi are redefining home ownership

The US Real Estate Market: A fractured System
Ask anybody that has tried to purchase a home in the US market about the process, and be prepared to hear horror stories of unnecessary paperwork, discrimination, price gouging, and general unfairness. To say that the US real estate market is far from perfect would be the understatement of 2022.

Admittedly, the entire process of buying or renting a home can take more time than it needs to. Still, one thing that homeowners worldwide complain bitterly about is the swarm of unnecessary middle-people and organizations at every step of the way.

Doing business in the US real estate market is an unpalatable experience for most people. Even seasoned homeowners and renters do not enjoy the process because it seems like every step is optimized to frustrate you as much as possible.

It may interest you to learn that NFT and DeFi homes are now a thing. Although NFT-backed real estate isn’t the silver bullet needed to fix the global real estate market, they’re a step in the right direction in the sense that companies behind such projects are geared towards making their sales as seamless and straightforward as possible.

DeFi Home Equity
There’s no denying that real-estate-based projects on blockchains are gaining popularity worldwide, and one of the companies at the forefront of the real estate DeFi movement is Vesta Equity. On February 15, 2022, Vesta Equity announced the launch of their project, and with them, homes can be fully tokenized, affording homeowners more financial freedom.

Vesta Equity is working towards being the first real estate-backed peer-to-peer marketplace for NFT assets, and investors can now invest in real estate-backed NFTs as securities. Soon, homeowners who fully own their homes can access equity through tokenization, and when you tokenize a home on this platform, you can sell off a piece of said home as a fractionalized NFT.

Real Estate NFTs
Propy is the leading ser

21/02/2022

Gustav Klimt's 'The Kiss' Masterpiece is Selling as 10,000 NFTs.

The popular Belvedere Museum in Vienna, Austria, in collaboration with the artèQ auction house, has turned Austrian painter Gustav Klimt's famous masterpiece 'The Kiss' into 10,000 non-fungible tokens (NFTs).

The collection dropped on Valentine’s Day and "each one is a unique part of the high-resolution image of The Kiss," according to the official website.

Each NFT has a price tag of EUR 1,850 (USD 2,100; ETH 0.65). Therefore, if all pieces are sold, the collection would bring in EUR 18.5m (USD 21m).

According to data by major NFT marketplace OpenSea, the collection has a trading volume of ETH 33.3 (USD 104,000) to date and 1,600 owners.

At the time of writing, the floor price for an NFT in the collection is ETH 0.58, slightly lower than the minting price.

Notably, users can add a personal touch to their purchased NFT by adding a "Dedication Message" to the NFT.

Gustav Klimt (1862–1918) was a symbolist painter and one of the most prominent members of the Vienna Secession movement. He was influenced by Japanese art and its methods, and his primary subject was the female body.

'The Kiss' (1908) is arguably Klimt's most popular work, seen by countless visitors annually. Despite the public criticism, as the piece was perceived as pornographic at the time, 'The Kiss' sold before the artist had completely finished it. The buyer was the Belvedere Museum.

21/02/2022

Physical NFT Museum Set to Open in Seattle.

A physical NFT museum is opening in Seattle, with the aim of offering a real-life space dedicated to celebrating NFTs and boundary-pushing artists.

The Seattle NFT Museum (SNFTM) will open its doors on January 14, 2022, in Seattle’s Belltown neighbourhood. The museum will offer an offline space for visitors to interact with NFTs and learn about the technology and artists that make them possible. A section of it will also be dedicated to explaining the fundamentals of NFT technology and its permanent impact on art.

The museum has been set up by tech executives Jennifer Wong and Peter Hamilton, who are on a mission to bring physical interaction to the NFT art world. The offline space will feature an array of exhibits related to NFTs, which will include an emphasis on promoting artwork from Seattle-based artists.

Works from NFT collector Aaron Bird’s impressive NFT collection are being lent to the museum, which will include works from the Chromie Squiggle series by Erick Calderon, as well as Larva Labs’ CryptoPunks. Artwork from artists such as Blake Kathryn, Neon Saltwater, and Charles Peterson will also be on display.

To overcome the challenge of displaying digital works in a physical space, SNFTM has partnered with Samsung. The world leading electronic device producer has sponsored the museum with several flexible frames that can adapt to the size and dimensions of each exhibited work. These frames are specifically designed for displaying digital artwork whilst offline, compared to the standard, horizontal screens which are typically used.

The museum will still include virtual elements, with Hamilton and Wong sending QR codes to visitors so they can access various interactive online portals.

21/02/2022

UNICEF NFTs Bring Internet Connectivity to the World’s Children.

The United Nations International Children’s Emergency Fund (UNICEF) has announced their biggest NFT sale yet. The proceeds of which, will help provide internet access to impoverished youngsters all over the globe.

Heading to the Ethereum blockchain this January is a collection of 1000 “Patchwork Kingdoms” NFTs. Each designed using real world data from the Giga project, a global initiative to connect every school on the planet to the world wide web. The images have also been manipulated by data scientist and artist, Nadieh Bremer, to produce a visually astounding collection.

Each NFT represents a snapshot in time of exactly where Giga has reached in its initiative. A digital memory of the progression of the project, and a stark reminder of how much work is still to be done, highlighting a goliath task to link up the world’s estimated 1.3 billion disconnected children by utilizing the latest hi-tech solutions such as low orbit satellites, machine learning, and the blockchain.

21/02/2022

Art Museums Leverage NFT Tech to Bring Masterpieces to the Blockchain.

Four major Italian museums have partnered with a project which sees them showcase and sell NFT reproductions of masterpieces from the likes of Leonardo da Vinci , Caravaggio, Raphael, and Modigliani. The initiative, which leverages the internationally patented DAW technology of tech company Cincello, was initially been debuted by London’s Unit Gallery earlier this month.

The exhibition, dubbed ‘Eternalising Art History: From Da Vinci to Modigliani’ was launched by the London Gallery on February 16th, and will continue until March 19th. The exhibition features digital versions of six famous Italian masterpieces, which, in an effort to mimic their original counterparts as much as possible, are displayed via screens which are surrounded by handmade replicas of the artwork’s original frame. Each of the digital versions of the six paintings (which are being coined as ‘DAWs’) have been certified on the Ethereum blockchain, and can be traded as NFTs.

The Italian museums who are joining the novel fusion of luxury art and blockchain technology are Florence’s Uffizi gallery, Parma’s Complesso Monumentale della Pilotta, and Milan’s Pinacoteca di Brera and Veneranda Biblioteca Ambrosiana.

Each of the works will contain nine NFT editions, all of which will fall in the price range of $114,000- $284,000 a piece. They will come with a signed certificate of authentication from Cincello and the museum in which the art was held. The art’s copyright will still be held by the museum of origin.

The Museums who make a sale will each receive 50% of the net revenue, with such funds expected to help fund their art conservation programs, as well as help counteract any lost revenue incurred from the pandemic. The remaining 50% will be split equally between the museum and Cincello.

‘Eternalising Art History: From Da Vinci to Modigliani’ is the first of three DAW-infused art exhibitions, with more NFT-ified master works expected to be brought to digital-life soon.

source: nftplazas.com

21/02/2022

The State Hermitage in Saint Peterburg, Russia, is the largest museum in the world by gallery space with around 3 million works of art.
In September 2021, the museum took its first steps in the NFT world by selling five digital reproductions of its most famous masterpieces in the form of NFTs raising almost $450,000.

12/02/2022

Eventually, all museums will build their digital copy in the metaverse, according to Dmitry Ozerkov, the head of the contemporary art department at the State Hermitage Museum.

Ozerkov is currently developing the “Celestial Hermitage”, a digital version of the iconic Russian museum, which will be exhibiting nonfungible (NFT) art.

"We are all moving into the digital era and our digital twin will be following us everywhere", Ozerkov told Cointelegraph in an exclusive interview.

The State Hermitage in Saint Peterburg, Russia, is the largest museum in the world by gallery space with around 3 million works of art.

In September 2021, the museum took its first steps in the NFT world by selling five digital reproductions of its most famous masterpieces in the form of NFTs raising almost $450,000.

In November, the Hermitage launched its first entirely digital exhibition, titled ‘The Ethereal Aether,” where 38 NFTs are showcased within a digital reconstruction of the museum.

Unlike the physical Hermitage, where visitors can only look at the works on display, the virtual exhibition allows visitors to interact with the NFTs on display.

"You can pass through these doors without touching anything, while in the virtual world, you can do anything: you can play with artworks, you can make them interactive, you can add data to it", explained Ozerkov.

The exhibition can be visited online for free until December 10th.

As pointed out by Ozerkov, the interest of the Hermitage in NFTs transcend market dynamics and seeks to investigate the artistic value that NFT can bring into the contemporary art world.

“My idea was to take a selection of existing works out of the market and to put them into the museum and to have a look: what remains in them as art? Is there any art there or we like, what we value in them is only money?”.

Watch the full interview on our YouTube channel and don’t forget to subscribe!

We visited the State Hermitage in Saint Petersburg, Russia to find out about the museum’s latest NFT exhibition and its plans to develop a digital twin in th...

12/02/2022

You missed out Leonardo! But you will not be left out.
You will be on the blockchain too...

12/02/2022

The did it again. Talking about the Gold Ape #232 which sold for a record-
breaking 1080 ETH ($2.7M) In addition to this
purchase, two Gold Ape full sets were sold for 800
ETH each. It seems the Gold Apes in the BAYC are
rising in demand in light of recent sales and
purchases, all happening just 2 weeks after , the
founder of , purchased his full set Gold Ape for
a record breaking 800 ETH.

12/02/2022

The .nft partnered with a well-known Marvel artist Ricardo Cesar & Enrique Sagasta who have worked on Spiderman and Avengers.
Their goal is to bring the best art possible to the NFT space.
Check out .nft via the link in their bio
for more information and details

12/02/2022

Promising New project just went to public sale... .shifters_ do not miss out! Minting now or just 0.23 eth

12/02/2022

NFTs. Non-fungible tokens. They are unique, irreplaceable, rare, easily identifiable digital objects protected by cryptography, with in some cases digital representations of real-world objects.
What is the difference between them and Fungible tokens? Fungible tokens are identical and therefore interchangeable, such as banknotes.
In contrast, an authentic painting is unique.
The idea with NFTs is that each NFT is a unique, irreplaceable or rare asset, thus highlighting the concept of rarity in the digital world. They are in your absolute ownership, so you are free to do whatever you want. Sell ​​them, destroy them, keep them.
NFTs are not located on a computer or server. They are kept at your personal blockchain address, which is controlled by your private key. Because they are in a blockchain, in other words in a decentralized database, token creation and transfer files are public.
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