Blockchain, as one of the latest technologies, will drive the world into the fourth industrial revolution, was at first observed as an immediate problem with the deeply rooted banking framework […]
An innovative project called PixEOS is pioneering forward as the “first arts and games smart economy on the EOS blockchain” where creativity and marketplaces collide. While receiving fair compensation for […]
An artwork created by Paris-based art collective Obvious using artificial intelligence has been sold at Christie’s auction house in New York for nearly half a million dollars. The AI painting, […]
The cryptocurrency craze could be the solution to opening the gates of the art world to those who otherwise would’ve never been exposed. Last week, Eleesa Dadiani made history holding […]
Art is a multi-billion dollar industry. However, based on a recently released report, online sales only contribute 8% to this total, which amounts to approximately $5.4 billion. With the world […]
Online auctioneer Paddle8 is trying a new tack: merging with The Native, a Swiss technology and e-commerce company, and adopting the use of blockchain, the technology that underpins virtual currencies like Bitcoin, reports the New York Times.
Paddle8 announced on Tuesday that it had taken an investment from The Native, creating what the two say is a partnership meant to adapt online art sales – and potentially more – to an age of wealthy millennials well versed in virtual currencies.