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The Rise of NFTs: How Cryptocurrency is Changing the Art World



The art world has seen a significant shift in recent years, with the emergence of a new type of digital asset: non-fungible tokens (NFTs). NFTs are unique digital assets that represent ownership of a specific piece of content or artwork, and they are sold and traded using cryptocurrency. This new technology has allowed artists and collectors to monetize digital works in a previously impossible way. You can trade in NFTs with this article, we will explore the rise of NFTs and how they are changing the art world.

What are NFTs?

NFTs, or non-fungible tokens, are a type of digital asset that is unique and cannot be exchanged for something else. Unlike cryptocurrencies like Bitcoin or Ethereum, which are interchangeable and have the same value regardless of which one you hold, NFTs are one-of-a-kind and represent ownership of a specific digital item. They are created using blockchain technology, which is a decentralized digital ledger that records transactions and ensures their security.

The Benefits of NFTs for Artists

One of the main benefits of NFTs for artists is the ability to monetize digital works in a previously impossible way. Before NFTs, it was difficult for artists to sell digital artwork, as there was no way to prove ownership or ensure the authenticity of the work. With NFTs, artists can create unique, one-of-a-kind digital assets that represent ownership of their artwork, and sell them on blockchain marketplaces. This allows artists to profit from their digital works and allows collectors to own a piece of digital art that is unique and valuable.

The Rise of NFT Marketplaces

The rise of NFTs has led to the creation of new blockchain marketplaces specifically for buying and selling these digital assets. Some of the most popular NFT marketplaces include OpenSea, SuperRare, and Nifty Gateway. These marketplaces allow artists to list their digital works for sale, and collectors to purchase them using cryptocurrency. As the demand for NFTs continues to grow, these marketplaces are expected to become even more popular.

The Impact of NFTs on the Art World

NFTs have had a significant impact on the art world, as they allow artists to monetize digital works in a previously impossible way. This has led to a surge in the creation and sale of digital art, as artists are now able to profit from their work. It has also led to new opportunities for collectors, who can now own a piece of digital art that is unique and valuable.

Some have criticized NFTs for contributing to the commercialization of art and turning it into a commodity. However, supporters of NFTs argue that they are democratizing the art world by allowing artists to profit from their work without relying on traditional gatekeepers like galleries and auction houses.

The Future of NFTs in the Art World

The future of NFTs in the art world is uncertain, but many believe that they will continue to grow in popularity and importance. As more artists begin to create and sell digital works, and more collectors begin to purchase and invest in NFTs, the market for these digital assets is expected to expand.

In addition to digital art, NFTs are also being used to represent ownership of other unique digital assets, such as tweets, GIFs, and even virtual real estate in online games. This suggests that the potential uses for NFTs are far-reaching and could extend beyond the art world.

The rise of NFTs has brought about a significant shift in the art world, allowing artists to monetize digital works in a previously impossible way. The creation of new blockchain marketplaces for buying and selling NFTs has opened up new opportunities for artists and collectors alike and has contributed to the democratization of the art world. While some have criticized NFTs for commercializing art and turning it into a commodity, supporters argue that they are providing a new way for artists to profit from their work and reach new audiences.

As the market for NFTs continues to grow, it will be interesting to see how they continue to impact the art world and beyond. Whether they become a passing trend or a permanent fixture, it is clear that NFTs have already made a significant impact on the way we think about ownership and value in the digital age.


Events In April Bring Easter, Spring and Flowers Galore.



Photograph: Eugene Gologursky/Getty Images for Macy’s, Inc.

Join the Judy Garland and Fred Astaire tradition with the Easter Bonnet Parade on Fifth Avenue. There is also the Orchid Show at the New York Botanical Garden or right at home the flower show at Macy’s. On select Fridays every month, you can enjoy Free Admission to the Intrepid Sea, Air & Space Museum between 5 pm and 9 pm.

Until 4/9: Macy’s Flower ShowThe show includes beautiful, bright floral arrangements, special events including live music, and kids’ activities.

until 4/23: This is The Orchid Show‘s 20th year. Reconnect with nature while experiencing the picture-perfect beauty of the orchids. On select nights, adults can experience the exhibition through Orchid Nights, with music, cash bars, and food available for purchase.

4/1-30: Sakura Matsuri Cherry Blossom Festival. The festival, hosted by the Brooklyn Botanic Garden, celebrates Japanese culture and the arrival of spring. It features a variety of cultural performances and activities, as well as a small flea market, tea ceremonies, and crafts. The highlight is the magnificent display of cherry blossom trees, with over 200 trees in full bloom. Visitors can admire the pink and white blooms and enjoy a traditional Japanese atmosphere. Tickets are usually around $40 for adults, though seniors and students get a reduced rate of $35.

4/7-16th: The New York International Auto ShowThe first new york Auto Show took place in 1900, for over 120 years now they have been sharing what’s new and interesting in the auto industry.

4/9: The Easter Parade starts near St. Patrick’s Cathedral at 10am. The tradition dates back to the 1870s, where elaborate bonnets and fashion galore is full frontal.

4/9: “Georgia O’Keeffe: To See Takes Time,” comes to MoMA.

4/15: The Tartan Day Parade is an NYC tradition that offers attendees a unique way to celebrate and honor Scottish culture. For the 25th year, there will be bagpipes, dancers, and even Scottish dogs marching in the parade. Attendance is free and open to the public. In addition to the parade, expect a whole week of Scottish-themed events and festivities.

4/15: Pillow Fight in the Park at Washington Square Park.

4/15: The New York Restoration Project is giving out 3,500 free trees to New Yorkers across all five boroughs. To get one of the 3,500 free trees that will be given away, register in advance on this website, where you’ll also get to browse through the current list of distribution dates, times and locations.

4/15 and 29: f the likes of udon, yakitori, ramen, and taiyaki make your mouth water, then mark your calendar for Japan Fes in Chelsea. The event will be held from 10:00 AM to 6:00 PM and is considered a paradise for Japanese foodies and cultural enthusiasts.

4/16: Holi in The City demands food, music, dance, and fun while embracing people and organizations from all ethnic and religious backgrounds.

4/22: Earth Day celebrated in NYC with a festive, family-friendly outdoor fair in Union Square. There will be dozens of exhibitors, interactive displays, a green-vehicle show, family activities, music, and entertainment. 12-6pm.

4/27: Attend The Queen’s Ball: A Bridgerton Experience

4/27- 30: Antiquarian Book Fair now in its 63rd year, this festival for book collectors at Park Avenue Armory for a full weekend of first editions, maps, manuscripts and other treasures from literary epochs past from nearly 200 exhibitors.


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Ken Fallin’s Broadway: Celebrating Hadestown’s 1000th Performance



On Sunday, March 19, 2023, Hadestown celebrated the first day of spring and the show’s recently-achieved milestone of 1,000 performances at Broadway’s Walter Kerr Theatre.

The handsome artist with Anais Mitchell

On hand were songwriter Anaïs Mitchell and director Rachel Chavkin, Tony Award winner Lillias White, original Broadway cast member Jewelle Blackman as Persephone, Grammy Award winner Reeve Carney as Orpheus, Tony Award nominee Tom Hewitt as Hades, and two-time Tony Award nominee Eva Noblezada as Eurydice. were joined by Amelia Cormack, Shea Renne, and Soara-Joye Ross as the Fates. The chorus of Workers is played by Emily Afton, Malcolm Armwood, Alex Puette, Trent Saunders, and Grace Yoo.

The winner of eight 2019 Tony Awards including Best New Musical and the 2020 Grammy Award for Best Musical Theater Album, Hadestown is the most honored show of the 2018-2019 Broadway season. In addition to the Tony and Grammy Awards, it has been honored with four Drama Desk Awards, six Outer Critics Circle Awards, including Outstanding New Broadway Musical, and the Drama League Award for Outstanding Production of a Musical.

Following two intertwining love stories — that of young dreamers Orpheus and Eurydice, and that of King Hades and his wife Persephone — Hadestown invites audiences on a hell-raising journey to the underworld and back. Mitchell’s beguiling melodies and Chavkin’s poetic imagination pit industry against nature, doubt against faith and fear against love. Performed by a vibrant ensemble of actors, dancers, and singers, Hadestown delivers a deeply resonant and defiantly hopeful theatrical experience.

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The Disney Revolt: The Great Labor War of Animation’s Golden Age



In the summer of 1941, Walt Disney’s top animator led hundreds of Disney artists out on strike, nearly breaking the studio. This is the true story of those two creative geniuses, plus a corrupt advisor and a mafia gangster, who collided to cause the greatest battle in Hollywood history.

An essential piece of Disney history has been unreported for eighty years.

Soon after the birth of Mickey Mouse, one animator raised the Disney Studio far beyond Walt’s expectations. That animator also led a union war that almost destroyed it. Art Babbitt animated for the Disney studio throughout the 1930s and through 1941, years in which he and Walt were jointly driven to elevate animation as an art form, up through Snow White, Pinocchio, and Fantasia.

But as America prepared for World War II, labor unions spread across Hollywood. Disney fought the unions while Babbitt embraced them. Soon, angry Disney cartoon characters graced picket signs as hundreds of animation artists went out on strike. Adding fuel to the fire was Willie Bioff, one of Al Capone’s wise guys who was seizing control of Hollywood workers and vied for the animators’ union.

Using never-before-seen research from previously lost records, including conversation transcriptions from within the studio walls, author and historian Jake S. Friedman reveals the details behind the labor dispute that changed animation and Hollywood forever.

Join a book talk with the author Jake S. Friedman on March 21 @ 7:00 pm – 8:30 pm, at The Lambs, 3 West 51st, 5th floor. The book will be available to be purchased and signed by the author.

Jake S. Friedman is a New York–based writer, teacher, and artist. He is a longtime contributor to Animation Magazine, and has also written for American History Magazine, The Huffington Post, Animation World Network, Animation Mentor, and The Philadelphia Daily News. For ten years he was an animation artist for films and television as seen on Nickelodeon, Disney Channel, and Saturday Night Live. He currently teaches History of Animation at the Fashion Institute of Technology and at New York University’s Tisch School of the Arts. The rest of his time he specializes in mental health for the creative psyche.

The moderator will be honorary Lamb Foster Hirsch, a professor film at Brooklyn College and the author of 16 books on film and theater, including The Dark Side of the Screen:Film Noir, A Method to Their Madness: The History of the Actors Studio, and Kurt Weill on Stage: From Berlin to Broadway.

The Cole will be Magda Katz.

More about the book here.

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