Christie’s and Gucci team up for an NFT collection

TL;DR Breakdown

  • Christie’s and Gucci are teaming up on a collaborative auction dubbed “Future Frequencies: Explorations in Generative Art and Fashion.”
  • The auction will be open for bidding from July 18 until July 25 and offer 21 NFTs from leading talents in the digital art space.
  • The auction and exhibition are taking place alongside Christie’s seventh Art + Tech Summit this summer in New York.

Description

Christie’s, a 256-year-old auction house, has teamed up with luxury fashion house Gucci to launch a digital art non-fungible token (NFT) collection. The auction will be called “Future Frequencies: Explorations in Generative Art and Fashion.” Christie’s and Gucci explore generative NFT art and fashion According to reports, the collection includes 21 NFTs by AI artist … Read more

Christie’s, a 256-year-old auction house, has teamed up with luxury fashion house Gucci to launch a digital art non-fungible token (NFT) collection. The auction will be called “Future Frequencies: Explorations in Generative Art and Fashion.”

Christie’s and Gucci explore generative NFT art and fashion

According to reports, the collection includes 21 NFTs by AI artist Claire Silver, generative artist Emily Xie, decentralized autonomous artist Botto, and others. The auction, which will take place on Christie’s 3.0, the auction house’s digital art platform, will open for bidding on July 18 and finish on July 25.

The NFT line is inspired by Gucci textiles, color palettes, and the brand’s renowned Bamboo 1947 range of handbags with the brand’s trademark bamboo handle. The collection intends to assist in promoting creativity through the junction of art, fashion, and technology by using generative systems like algorithms and AI.

Sebastian Sanchez, Christie’s Manager of Digital Art Sales, told media outlets that the partnership encourages both artists and the fashion sector to use Web3 technologies.

The outputs they’ve created range from abstract to literal and are completely fascinating, changing the way we can think about using algorithms and data to advance human creativity across fields. […] My goal with this auction is to show the intersection – it’s a spectrum right now. There are so many generative artists who are working with studies on textiles, garments, patterns, and then you have people actually doing literal 3D garments, and what we’re presenting is everywhere in between those ranges.

Sebastian Sanchez

The sale and exhibition will take place in New York with Christie’s sixth Art + Tech Summit this summer. Sanchez stated that the collaboration with Gucci adds poignancy to the collection and enables both art collectors and fashion fans to investigate the art’s interconnected themes.

The Gucci name has such a power, and they have their own audience and a proven record that their audience is probably very different from ours. […] That, to me, is kind of where the beauty in our collaboration lies – Christie’s is an art expert, and Gucci is a fashion expert, and we’re kind of like right in the middle.

Sebastian Sanchez

NFT auctions take root in traditional financial entities

Gucci has been gradually expanding its digital fashion and art endeavors, whereas Christie’s has been firmly entrenched in the Web3 space since the record-breaking sale of artist Beeple’s “EVERYDAYS” NFT for $69 million in March 2021. 

In February of 2022, the brand acquired land in the metaverse The Sandbox in order to build the Gucci Vault, its digital experience venue. It invested $25,000 in SuperRare’s native RARE token in June 2022 in order to join the marketplace’s decentralized autonomous organization (DAO) and launch its “Vault Art Space” for displaying NFT art.

The brand announced a partnership with Yuga Labs earlier this year to introduce high fashion to the Otherside.

Claire Silver, a pseudonymous NFT artist whose solo exhibition at SuperRare’s New York City gallery recently opened, spoke about the two works she created for the collection.

Combining AI, 3D, film, and advanced mathematical functions with antique paintings and tapestries from China, Japan, and Eastern and Western Europe, both works are intended to celebrate the era of AI: the sophistication of experience, the innocent joy of the new, the depth of cultural heritage, and the light of the future.

Claire Silver

The auction takes place on Christie’s 3.0, its blockchain-based auction platform that was introduced last year, and the works will also be featured on Gucci Art Space, the luxury brand’s online gallery space. This followed the launch of Gucci’s Vault Art Space in 2022, when the strictly digital environment hosted the debut auction and exhibition, “The Next 100 Years of Gucci,” which auctioned off a selection of NFT artworks.

The gallery, a product of a collaboration between Gucci and SuperRare, a marketplace for one-of-a-kind curated NFT artworks, functions as a venue for viewing and collecting the visions of contemporary artists through a regular rotation of exhibitions.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

文章来源于互联网:Christie’s and Gucci team up for an NFT collection

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年7月15日 01:00
Next 2023年7月15日 02:11

Related articles

  • Binance’s BNB Chain Gears Up for Major Upgrades

    TL;DR Breakdown Binance’s BNB Chain is set for two major hard forks in August 2023: Plato introduces the BEP-126 evolution proposal for enhanced security, while Hertz focuses on aligning with the latest EVM developments. The upgrades aim to reduce chain reorganization risks, stabilize block production, and ensure BNB Chain’s compatibility with recent Ethereum forks. Description In a move that has captured the crypto community’s attention, Binance‘s BNB Chain is poised to undergo two significant hard forks this August. These upgrades, Plato and Hertz, are set to bolster the network’s security and enhance its compatibility with other Ethereum Virtual Machine (EVM) blockchains. The first of these, the Plato upgrade, took place … Read more In a move that has captured the crypto community’s attention, Binance‘s BNB Chain is poised to undergo two significant hard forks this August. These upgrades, Plato and Hertz, are set to bolster the network’s security and enhance its compatibility with other Ethereum Virtual Machine (EVM) blockchains. The first of these, the Plato upgrade, took place on August 10, introducing the BEP-126 evolution proposal. This proposal is designed…

    Article 2023年8月10日
  • Genesis halts all crypto trading activities across business units

    TL;DR Breakdown Genesis, a digital asset financial firm, has ceased trading services across its business units, including GGC International, citing voluntary business reasons. The company had previously filed for Chapter 11 bankruptcy and faced regulatory scrutiny from the SEC, adding to its financial woes. Description Digital asset firm Genesis has announced the cessation of all its trading services. The firm communicated this decision through an email to its clients, stating that the move was voluntary and driven by business considerations. It is important to know that the termination affects all business entities under Genesis, including GGC International, which facilitated the … Read more Digital asset firm Genesis has announced the cessation of all its trading services. The firm communicated this decision through an email to its clients, stating that the move was voluntary and driven by business considerations. It is important to know that the termination affects all business entities under Genesis, including GGC International, which facilitated the firm’s spot trading activities. Clients with open derivatives positions have been assured that these will be honored until their expiry. The backdrop:…

    Article 2023年9月15日
  • Secret code in Brazil’s CBDC allows govt manipulation

    TL;DR Breakdown The source code of Brazil’s Central Bank Digital Currency (CBDC) has functions allowing a central authority to freeze or reduce balances. Blockchain developer Pedro Magalhães discovered this after reverse-engineering the code. Magalhães suggests these functions could be beneficial for secured loans and decentralized finance (DeFi) protocols. Description The world of finance was recently abuzz following a shocking discovery in the Central Bank Digital Currency (CBDC) of Brazil. It seems that the supposed beacon of decentralization might contain some not-so-secret code enabling a centralized authority to freeze funds or even diminish balances at their discretion. Discovering hidden powers in Brazil’s digital currency The … Read more The world of finance was recently abuzz following a shocking discovery in the Central Bank Digital Currency (CBDC) of Brazil. It seems that the supposed beacon of decentralization might contain some not-so-secret code enabling a centralized authority to freeze funds or even diminish balances at their discretion. Discovering hidden powers in Brazil’s digital currency The revelation came courtesy of Pedro Magalhães, a renowned blockchain developer and the mastermind behind Iora Labs, a leading…

    Article 2023年7月12日
  • UBS left $10b state backing behind in Credit Suisse deal

    TL;DR Breakdown UBS foregoes $10.3 billion state support from Swiss government post-Credit Suisse acquisition. The bank also drops $100 billion liquidity aid from Swiss National Bank. Public and political concerns had arisen over the merger’s impact on Switzerland’s financial landscape. Description UBS boldly declared independence from a hefty financial safety blanket. A once-crucial $10.3 billion state support, granted during their acquisition of Credit Suisse, is now left behind in the banking behemoth’s rearview. The move highlights the bank’s renewed confidence, but more importantly, it’s a nod to the shifting undercurrents of global finance and the political … Read more UBS boldly declared independence from a hefty financial safety blanket. A once-crucial $10.3 billion state support, granted during their acquisition of Credit Suisse, is now left behind in the banking behemoth’s rearview. The move highlights the bank’s renewed confidence, but more importantly, it’s a nod to the shifting undercurrents of global finance and the political theater surrounding it. A Brazen Departure from the State’s Embrace Amidst the financial tumult that resulted in Credit Suisse’s takeover, UBS received significant backing from the…

    Article 2023年8月14日
  • Gate.io addresses insolvency rumors amid multichain issues

    TL;DR Breakdown Gate.io has addressed several rumors making the rounds about the company going insolvent. The company says it is focused on its expansion plans. Gate.io, a prominent cryptocurrency exchange, has responded to rumors circulating about its alleged insolvency, emphasizing that its operations are functioning well. The company also revealed its intention to establish a related trading platform named Gate.HK in Hong Kong. Gate.io clears insolvency rumors Speculation regarding Gate.io’s financial stability arose in the wake of events associated with Multichain, a blockchain protocol. On May 24, blockchain analytics firm Arkham Intelligence published data revealing substantial inflows of the MULTI token into Gate.io. Arkham claimed that these inflows were linked to rumors circulating about the Multichain protocol’s team supposedly being arrested in Shanghai. In response to concerns related to Multichain, Binance, another prominent cryptocurrency exchange, temporarily suspended deposits for several tokens relying on the Multichain protocol. This suspension affected bridged versions of tokens such as Polkastarter (POLS), Alpaca Finance (ALPACA), and Fantom (FTM). Binance cited delayed transactions and paused deposits temporarily while seeking clarification from Multichain. Further raising questions about…

    Article 2023年6月5日
TOP