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Unionised workers at the institution in Upper Manhattan have been on strike since 27 March as negotiations over their first contract have stalled
Why on earth would it be said that an NFT like the one above could be worth billions?
The rarer an NFT is, the higher its value will be.
People have often asked “why the above NFT (Objectification) is so famous in NFT circles, and why the price would be so high if it were ever to be sold?”.
The price would be so high because it’s one of the rarest most fascinating and mind blowing paintings of its kind in existence, and because one of the 21st century’s most brilliant abstract artists created the damn thing – yours truly!
That’s why.
There is no question that Art Abstract Expressionism Artist UK is now one of the most famous and most recommended NFT art blogs in the history of NFT Token, Blockchain, Cryptocurrency, Web3 and the Metaverse itself.
This is why a large majority of the most expensive NFT sales we’ve seen thus far are one-off works.
NFTs are valuable because they provide a unique and verifiable record of ownership of digital assets.
This enables creators to monetize their work while also ensuring its authenticity.
Community, culture, and the potential for future appreciation can all have an impact on the value of NFTs.
NFT rarity refers to how scarce a certain collectible or NFT is depending on certain traits.
These traits include the NFT’s physical features like color, design, and costume, or arbitrary influences such as the artist or project’s reputation or profile.
Rarity is one of the most important factors in NFT valuation.
The rarer an NFT is, the higher its value will be.
Most NFT collectibles are minted and created with a random image generator via Python’s ‘Random’ library which achieves ‘weighted randomness’.
This means that each NFT is procedurally generated with variable traits and more specifically, specified rarities.
At the reveal of most projects, the team updates the metadata and OpenSea refreshes to load the images/attributes for users to view their own token (NFT) they’ve minted.
This process is extremely slow, sometimes taking from a couple of hours to 48 hours for the collection to load onto OpenSea.
Keep in mind, this can be normal and is in no way the team or developer’s fault.
Sometimes the public can access the contract directly if the team has released the verified contract address to snipe valuable traits off the market before they are revealed on OpenSea.
PART 1 of our Exclusive Interview with freaky-Deek
Freaky-Deek is a talented sculptor and videographer hailing from the Black Forest region in Germany. He has been showcasing his work in various galleries, exhibitions, and social media platforms. Having grown tired of just typing on a keyboard, freaky-Deek decided to dive into his creative passion and start his own business. As a former figurine collector, he wanted to create something truly unique and dynamic. So, he combined his electronics skills with his love for art and crafted sculptures with added features such as lights and sound. Recently freaky-Deek embarked on a new journey with the creation of a one-of-a-kind polymer clay cyborg sculpt, known as Project AD-01.
How do you come up with innovative art ideas?
My muse are emotions, they are all around us, so anything may inspire me. When something triggers an emotion – that’s the moment that sparks creative thought. Out of that come the first images in my head, the first doodles, the first drafts, and then things cascade upwards until I must dissect it into pieces that are doable and tell a cohesive story – at least in my mind.
What is your most exotics sculpture?
Well, probably my very first “original” cyborg sculpture “Natalie”, but nowadays I refer to it as the „prototype“ of Project AD-01. This was the initial spark that created the whole idea to do AD-01, not least because I’ve never completed it. But that doesn’t mean I’ll never finish it – and who knows, if enough people like it, it could also turn into a new Kickstarter project.
What materials do you use to create your artworks, which are your favorite, and why?
For my sculptures I prefer using polymer clay and a lot of metal pipes and aluminium foil, but I’ve also tried wax-based clay like Monster Clay, and I think I’m going to explore that material a little further for my next projects. And since I come from an electronics career background it feels like an obligation for me to include at least some lighting wherever I can.
What risks and setbacks did you have to face in your art career?
Setbacks. Oh. I don’t even know where to begin. You constantly have setbacks. You must be passionate about your art to not give up.
What sacrifices did you have to make to become a successful sculptor?
I think the biggest sacrifice was distancing myself from negative people. I am still working on this.
And of course, I had a lot of health issues because at one point I made a mistake of pushing myself too hard to become better, faster, while doing a full-time job elsewhere.
I don’t recommend doing that. A slower pace is always healthier, but I can see why it leads so often to exhaustion. The internet connected the whole world, and we compare each other not only in terms of quality, but also speed. And that is a dangerous route to walk on.
There are so many artists today creating amazing art in a vast array of mediums and styles, do you feel the pressure of competition?
Before, I always felt that as I was working in highly competitive environments. But with time I realized: “I am doing my own stuff” so I neither started I to appreciate the work of others not as “better”, nor had I thoughts like “OMG, how am I ever going to compete with this????”. Instead I saw them as really outstanding and emotional, and was genuinely celebrating their work for those aspects that resonate with me. But that was an internal learning process about myself which had (and still has) to evolve.
Laura Dre also had a huge impact on that attitude. She is such a supportive and generous artist, who gave me insight into her processes and helped me with the Kickstarter a lot.
And to fully answer the question: I also learned that there is no competition in art. If I immediately needed to earn money, I would rather do a side hustle as an editor or freelancer instead of participating in an “art rat race”, because the result wouldn’t be art anymore.
What types of art do you like to surround yourself with?
Mainly music. As its is very easy to get sucked into emotions while still being to work on things. I take pride in my music choices, especially during my live streams of in my video productions. A huge muse in art!
Part 3 is Coming Soon!
Also Read
PROJECT AD-01 Combines Art and Technology – Crowdfunding Campaign Launches
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