Its struggle for validation dates back not just five or ten years but to at least 1965, when Bell Labs researchers A. But most NFT collectors seem motivated more by financial opportunity or fandom than by connoisseurship and appear unaware that digital art is an expansive field with a decades-long history. It is certainly the case that NFTs have allowed some digital artists, and especially those without traditional fine-arts backgrounds, to profit from their work as never before. THE GROWING MARKET for tokenized art is often described as a vindication of digital art’s aesthetic value. Marcel Duchamp, Tzanck Check, 1919, ink on paper, 8 1⁄4 × 15". At the center of this debate is digital art, which normally circulates in a complex ecosystem that sometimes intersects with the mainstream contemporary art world, and which has much to gain from the advent of NFTs-but also much to lose. Major auction houses and galleries joined the fray this spring, leading to an increasingly polarized debate between those who believe that NFTs will revolutionize the traditional art market and skeptics who counter that NFT platforms are mostly replicating or even intensifying the art market’s worst aspects. But it was only when cryptocurrency values skyrocketed at the end of 2020 that a significant new primary and secondary market for tokenized digital art appeared, essentially overnight.
The first online markets for tokenized digital collectibles emerged in 2018, following earlier attempts to monetize artificial scarcity using the blockchain, such as Kevin McCoy and Anil Dash’s 2014 “Monegraph” project. In other words, most NFTs are literally financial instruments based on an artist’s brand they are less like your average blue-chip painting than a high-tech version of Marcel Duchamp’s Tzanck Check, a fraudulent handwritten check he gave his dentist in 1919 and later bought back for a greater sum. These tokens, or NFTs, are traded as if they were deeds, but NFTs rarely confer legal title, and most of the assets they point to are not securely archived, effectively divorcing the concept of ownership from the responsibilities of stewardship and reducing it to bragging rights. Blockchains can be used to make fungible cryptocurrencies, such as Bitcoin, and also nonfungible “tokens” that can act as surrogates of specific assets, whether tangible or digital-including files that are freely available online. In the weeks that followed, media outlets from PBS NewsHour to Saturday Night Live reiterated the story of record-breaking prices fueled by an enigmatic technology called the blockchain, which is a system used by techno-libertarians and anarcho-capitalists for encrypting immutable digital records in blocks of data across a decentralized chain of computers. ON THE AFTERNOON of February 19-immediately after the classic internet meme known as Nyan Cat was auctioned for almost $600,000-digital art abruptly entered the most recent, and perhaps most heated, of its many hype cycles. Spaceships, cats, and dogs are all your enemies which you should avoid at any cost, so if you meet them along the way, make sure to avoid them, since your space adventure might end there and then, or maybe a bit later, if you bump into them too many times.Two frames from Chris Torres’s Nyan Cat, 2011, GIF.
Emerald makes Nyan invulnerable for 45 seconds.
MagnetNyan, with which you magnetize food.BubbleNyan for unlimited and higher jumps.RocketNyan and SuperNyan, which you control with the mouse.MilkNyan, a score multiplier that lasts for ten seconds.On the course you have several power-ups we invite you to grab and use to your advantage: Simply click on the screen to jump, and if you want to jump higher, click twice. Nyan Cat Lost in Space is a brand new endless flying game, or runner, whatever it is you want to call it, where this popular internet character has been lost in space, and where is flying with its rainbow power, with your help of course, as you try to reach as far distances as possible since not only humans want to explore, it seems, but cats also! Nyan Cat is Lost in Space, get lost with it as well!
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