VRB News
Virtual Reality Brisbane
  • Home
  • About us
  • IT news
  • Tech
  • World
  • Contact
No Result
View All Result
  • Home
  • About us
  • IT news
  • Tech
  • World
  • Contact
No Result
View All Result
No Result
View All Result
Home IT news

Coinbase and Bright Moments Launch Digital Art Partnership

admin by admin
August 8, 2022
in IT news
0
Coinbase und Bright Moments starten digitale Kunstpartnerschaft
0
SHARES
38
VIEWS
Share on FacebookShare on Twitter

Coinbase and Bright Moments Launch Digital Art PartnershipCoinbase and Bright Moments Launch Digital Art Partnership

The global crypto platform Coinbase and the US organizer Bright Moments are entering into a long-term strategic partnership for the safekeeping of digital art. “The cooperation with Bright Moments and the opening of the gallery in Berlin makes the exciting new world of digital NFT art accessible to everyone and impressively shows how blockchain technology can enrich various industries,” says Sascha Rangoonwala, Regional Director for DACH. The first joint project in Europe was the exhibition “NFT Art Berlin – A New Generation” organized by Bright Moments. Since mid-July, the digital artworks have been on permanent display at the newly opened Bright Moments gallery in Berlin-Mitte.

The web-based Coinbase wallet serves as a platform for the custody of the NFTs (Non-Fungible Tokens). With the help of this wallet – simply put, an electronic wallet – crypto assets and NFTs are sent, received and stored. Non-fungible tokens are non-exchangeable values. While one euro can be exchanged for another euro or one Bitcoin for another Bitcoin, this is not the case with NFTs. You can create a digital copy, just as you can paint a copy of the Mona Lisa, but the original remains unique. The NFT shows what is a copy and what is original, just as an art expert can recognize which Mona Lisa is the real one and which one is a fake. Accordingly, what is traded on NFT marketplaces is not the images, but the tokens – NFTs – “behind” the images.

 

NFTs are a kind of keys that authorize access to certain data. While fungible – i.e. exchangeable in value – tokens such as Bitcoin or Ether are used as a store of value or for paying for services on the blockchain, NFTs have a different function: they are intended to determine the uniqueness and authorship of digital assets. In addition, they are stored immutably on the blockchain, the ownership of the virtual goods can always be clarified transparently.

The exhibition in Berlin is the first Bright Moments project outside the USA and presents a selection of generative and digital works of art as well as those of the CryptoBerliner collection, the native token of the Bright Moments Berlin DAO.

“We are pleased to have found a partner in Coinbase that enables newcomers and experienced art enthusiasts to buy tokenized art easily and safely”

says Malte Rauch, European Partnerships Manager at Bright Moments. The works shown investigate abstract compositions through algorithmic processes, take up formalistic themes of 20th century art and introduce new forms of life in the metaverse. Conceived as a tribute to generative art, the exhibition aims to show both its continuity with art history and its radical novelty. The group of artists includes Loren Bednar, Boreta, Jeff Davis and Holger Lippmann, among others. All artworks in the exhibition are assigned to an ERC-721 token and stored on the Ethereum blockchain. You are in the treasury of the Bright Moments Berlin DAO.

In the future, changing exhibitions by well-known digital artists will be presented at the Bright Moments Gallery Berlin.

Previous Post

Ethereum’s July Miners’ Revenues are Up 13% to Stand at $620M, Beating Bitcoin’s $597M

Next Post

Oculus and Samsung are preparing more joint products apart from Gear VR

admin

admin

Related Posts

How to Grow a YouTube Channel with ScaleLab
IT news

How to Grow a YouTube Channel with ScaleLab: Effective Strategies for Creators

February 4, 2025
Sticker mockups
IT news

Sticker mockups: how to visualize your ideas professionally and efficiently

January 13, 2025
Ways to Get Free Senegal Proxies for Work and Surfing
IT news

Ways to Get Free Senegal Proxies for Work and Surfing

December 24, 2024
Crypto Betting Frontiers
IT news

Crypto Betting Frontiers: The 2025 Landscape

December 6, 2024
iGaming Marketing Trends for 2025
IT news

iGaming Marketing Trends for 2025: Adapting to a Rapidly Changing Landscape

December 5, 2024
Next Post

Oculus and Samsung are preparing more joint products apart from Gear VR

Premium Content

Das mit Abstand am häufigsten verwendete Python (CPython) ist bereits in C implementiert und dürfte vielen Entwicklern bereits geläufig sein. Doch wann ist es nötig, das verwendete Python zu erweitern? Wann ist es eher ratsam, statt in C eine einbettung in C++ vorzunehmen?

Python erweitern und einbetten

March 18, 2022
Lonn — an impressive new VR-cyberpunk

Lonn — an impressive new VR-cyberpunk

August 21, 2020
Krypto-Guru Raoul Pal eröffnet Web 3 Fonds für billionenschweren Token-Markt

Crypto Guru Raoul Pal Opens Web 3 Fund For Trillion-Dollar Token Market

July 7, 2022

Browse by Category

  • Games
  • IT news
  • Tech
  • World

VRB News is ready to cooperate with webmasters and content creators. Send an email to info@virtualrealitybrisbane.com

Categories

  • Games
  • IT news
  • Tech
  • World

Recent Posts

  • How to Grow a YouTube Channel with ScaleLab: Effective Strategies for Creators
  • Sticker mockups: how to visualize your ideas professionally and efficiently
  • Ways to Get Free Senegal Proxies for Work and Surfing

© 2023 - The project has been developed ServReality

No Result
View All Result
  • Home
  • About us
  • IT news
  • Tech
  • World
  • Contact

© 2023 - The project has been developed ServReality

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?