To date, the reception from the wider art community has been mixed. While venerable institutions like Christie’s and Sotheby’s have enthusiastically embraced NFTs, and established artists like Damien Hirst have experimented with them, many in the art establishment remain somewhat sniffy.
One thing the art world can’t do now, though, is ignore NFTs—if their invasion of Art Basel Miami is anything to go by.
This year, the crypto set descended on the city to showcase their works and network with athletes, art dealers, famous artists and musicians, and mingle with industry-leading galleries and museums. The hype around NFTs in Miami stood in marked contrast to their muted presence at London Art Week just months earlier.
Here’s what caught Decrypt’s eye at the event.
Ross Ulbricht’s NFTs from prison
During Art Basel, Ross Ulbricht, the founder of Silk Road, who is currently serving more than two life sentences in a Florida prison for his role in the site, released his genesis NFT collection.
The work consisted of paintings made in prison, writings, and an animation of life on the inside, and was released with the support and assistance of SuperRare and curated by Entoptic. The NFTs were soon snapped up by the newly-formed FreeRossDAO, set up to “free Ross, advance prison reform, and share Ross’s work with the…