The show includes digital paintings by American artist Beeple, who sold a collage at Christie's for a record US$69.3mil (RM265mil) earlier this month. Though bewildering to many, a manic appetite for digital objects authenticated through blockchain technology has spread through different markets. NFTs have recently taken the art world by storm as investors seize the opportunity to monetise digital art. A man looks at digital paintings by US artist Beeple at a crypto art exhibition entitled 'Virtual Niche: Have You Ever Seen Memes in the Mirror?'. Sun said blockchain will improve the "ecosystem" of the art world, changing the "liquidity of artworks, and the diversity of relationships between collectors and creators."

Source: The Star March 26, 2021 13:07 UTC