The museum’s acquisition of two NFTs marked its first on-chain and AI holdings. Generative art is proving Web3’s creative anchor in the traditional art world. Last month, New York’s Museum of Modern Art (MoMA) made headlines by acquiring Refik Anadol’s “Unsupervised — Machine Hallucinations” (2022) alongside an edition from last year’s “3FACE” project by Ian…
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YouTube’s updated community guidelines include new disclosure requirements for AI-generated content, its new standards for “sensitive topics,” and the removal of deep fakes. YouTube, the video streaming social platform, released new community guidelines relating to the disclosure of artificial intelligence (AI) used in content. The platform published a blog on Nov. 14 saying that the…
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The 118-day Hollywood actors’ union strike ended with an agreement on AI usage, though not everyone in the industry sees it as the right move. The Hollywood actors’ union — the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) — concluded its strike on Nov. 9 after 118 days of picketing, with new…
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The new partnership between Universal Music Group and BandLab Technologies focuses on ethical AI usage to protect artist and songwriter rights. Universal Music Group (UMG) announced a new partnership with social music creation platform BandLab Technologies on Oct. 18 to promote responsible practices with artificial intelligence (AI) in the industry. The partnership focuses on the…
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Can Ansay, founder of AI streaming and marketplace platform Musixy, says AI-generated music is revolutionary, brings efficiency and lowers costs to productions. Artificial intelligence (AI) has been making waves in various industries across the globe. However, the conflict between its usefulness and its ability to infringe on intellectual property (IP) has been a particular struggle…
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NFTs might never boom at quite the same pitch they once did. With his first solo show in 25 years, Kenny Schachter sought to demonstrate how that’s a good thing. With crypto in a state of turbulent flux, a demographic of nonfungible token (NFT) detractors in the fine art world might feel trigger-happy to, at…
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Su Zhu and Kyle Davies originally purchased ‘The Goose’ digital artwork in August 2021 for roughly $5.8 million in Ether. Sotheby’s auction house has sold a piece of digital artwork from the collection of collapsed crypto hedge fund Three Arrows Capital (3AC) for more than $6 million. According to auction records updated June 15, Dmitri…
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The luxury auction house has developed a fully on-chain sales system where users can purchase curated NFTs on the Ethereum and Polygon networks. Luxury auction house Sotheby’s has announced the addition of a new on-chain marketplace that allows digital art collectors to purchase secondary NFTs. While many pre-existing NFT marketplaces already host peer-to-peer sales of…
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Building communities has become more crucial than ever in today’s rapidly changing art space, especially with the rise of NFTs. The importance of building communities cannot be underestimated in the rapidly changing art world, driven by technology and the explosion of nonfungible tokens (NFTs) in the last two years. An audience is a social media…
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Ticketmaster, the global provider of event ticketing services, has launched “token-gated sales,” allowing fans access to concert tickets using non-fungible token (NFT) technology. The first to use the service is the metal band Avenged Sevenfold (A7X), whose “Deathbats Club” NFT collection gave owners early access to the group’s shows in Los Angeles and New York…
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