Topic: [ANN] Cryptoart.com - Purveyors of fine art paper wallets - page 2. (Read 3975 times)

3 things:

1) I do not see "Bits of Change" (Nina Y.) and pwned (Alix Branwyn) on the list when it drops down to select which artwork you are submitting for.

2) How will the differences in print type be handled? Some earlier works were printed on different stock and had rough-cut edges. The edition numbers printed on the border vs the print itself....
     Will the NFTs be different to reflect this?   See 1st picture below. 2 examples of the "Crypto Greensleeves" print

3) How will the edition numbers effect the number of produced NFTs for that particular piece.
     Example: The Halving II shows two different production numbers below the print number.
      Will there be 200 or 400 NFTs for this print?  See 2nd picture below.


EXAMPLE 1:



EXAMPLE 2:

Most projects give you full personal and commercial rights to the art work as the NFT holder at this point, how is what you're doing any different?

If we have more than a few pieces, will it be possilbe to mint all the NFTs at once/one transaction?

Thanks a lot for the answers (so far). Moar incoming...


It "will be marked as "not for sale without the NFT provenance" on the back" on the look-up tool on Cryptoat.com? Or previous owners should "be forced" to ink stamp the physical artwork on the back? (lol)


I am still not 100% sure if I understood this correctly. So, I can sell only the NFT, and keep the physical artwork (which in this case the physical artwork becomes "void"). However, if I would like to sell the physical artwork, I should/could/would "be allowed" to only sell it bundled with the NFT.

Will, in that case (selling the NFT bundled with the physical), the physical artwork becomes "void"? Will both the physical artwork & the NFT remains as "valid"?


 Let's assume that I sell only the NFT and I keep the physical (which is now "marked" as void). The new owner of the NFT (due to the form agnostic) "can then reprint or enjoy the art in any form they like".

Hence they print a poster AND a mug AND a t-shirt with that image. Will all the 3 instances of the specific artwork be authenticated by just 1 NFT "licence"? Is there a limit? Or the printer goes brrrrr....
By creating multiple "validated" instances of the same artwork, do we artificially increase the total supply of "authenticated" physical artworks in existence?

For example, owning 1 physical CoA, only authenticates 1 instance of the physical artwork. If I photocopy that instance of the physical artwork, it (the copy one) should not be considered as "valid".

Using your "Mona Lisa" example. Taking a photo of the "Mona Lisa", and printing 100 copies of that photo VS purchasing 100 copies of a numbered limited edition print of the Mona Lisa artwork, from the museum shop. (considering that the museum holds the rights to that painting)

I assume that the unauthorized reproductions of the photo that I took will have no value on the secondary market. However, the licenced print artwork purchased from the museum shop, might have.

If the new owner of the NFT, receive that specific physical original copy in the future, will the physical artwork become "valid" again?

New question (+ a comment):

Will the accompanying image artwork of the NFT be a numbered edition, or a generic one (without a specific enumeration at the bottom left).

Let me give an example: Let's assume that I am the owner of the physical "Battle of the Algorithms 171/200" (well... I am not -at least not yet - since it is currently on an auction here, on the collectible section). I decide to keep the physical artwork and sell the NFT. When the new NFT owner would like to print some posters, mugs, tees etc. with that artwork, will the image provided (with the NFT) includes the specific enumeration (ie 171/200) OR it will be just the image of the artwork (without the 171/200)?

By creating form agnostic reproductions with the specific 171/200 tag, it partially solves the scarcity & "the printer goes brrrr" issue, since all those can be considered as "authenticated reproductions" (based on the NFT 171/200 licence CoA that the user hodls).



Apologies for all those "confusing" questions, however that "NFT concept", confuses me sometimes.... lol
Generally speaking, what you are trying to do/achieve here, is an interesting idea. I just have some concerns/doubts about the implementation part.

Funny, looking back at my original post in 2014.  It took a long time just to find my first artist to produce Bitcoin themed art.  99% had no idea what it was, and if you googled Bitcoin at the time you were hit with a bunch of money laundering, drug cartel, pedophilia blowback from the status quo.   Now artists fight to make a name for themselves in the crypto space.   I love that it was a fierce, dark and wickedly talented Ukrainian that led the way.

Absolutely!


Yes.  When you claim the NFT, the CofA becomes void.  We will have a look-up tool on Cryptoat.com that allows people to check if a specific NFT has been claimed


The current NFT hodler.   In fact, you are perfectly entitled to keep the physical.  You just aren't entitled to sell it without the NFT.  




Nope.  Just drop the NFT on Opensea or another marketplace.  The new owner can then reprint or enjoy the art in any form they like.  Think of it as form agnostic.



The physical will be marked as "not for sale without the NFT provenance" on the back.   Not sure I follow the last question, so feel free to rephrase if I didn't cover it.



If you are the NFT owner, you can use them in any way as long is you don't sell physical or digital goods commercially.   i.e. dilute the supply.  

If you have a physical good without the NFT, it is considered an invalid piece.  Much like reproducing a copy of the Mona Lisa, you can keep it personally, but it won't have a secondary market value.  


Going forward on new art pieces, yes.   It doesn't affect selling V1 physical art pieces, except that the potential buyer will want to check our website (or etherscan.io) to make sure the NFT has not been claimed.





You are welcome! These are great questions.  This is why I posted here first.  This will help with the FAQ and also help to align the message.    

Best,

Troy

I am a bit confused could you please elaborate further?

I have some questions:

1) If we choose to claim the NFT of a physical artwork that we already hold, will we still keep the physical certificate of authenticity?


" If you want to sell the art piece, you simply sell the NFT. "

2) If we claim the NFT, and then decide to sell the art, by "simply sell the NFT" (and deliberately keep the physical) who will be the "authenticated" owner of the artwork? The new NFT hodler OR the seller that still holds the physical artwork & the physical CoA?

3) In Cryptoart.com V1, "Selling your art piece requires physical delivery.". In Cryptoart.com V2, selling your art piece does not require physical delivery (of the physical artwork)?

"and the art will be marked as such."

4) How exactly the "art will be marked as such"? Which art piece, the physical OR the NFT? How will the NFT distinguish itself, if the new owner received the physical artwork too? (to be marked as such)

"Physical art pieces created with the NFT are only for personal use."

5) What's the usage status for Physical art pieces created without the NFT ?


6) In "Cryptoart.com V2", you mention that "The authenticity will shift to the NFT". Does this mean that from now on, NFT will act as the CoA, hence it be provided instead of the physical certificate of authenticity (with every physical crypto art purchase)?

thank you in advance, and I wish you all the best. Looking forward to getting some NFT's for my current Cryptoart physicals....

A little more clarity:

Current Cryptoart owners don't need to do anything.   If you don't claim your NFT, nothing will happen.  If you decide to claim your NFT, the authenticity of the art piece is now placed on the NFT.  

1) Cryptoart NFTs will offer the same benefits as other NFTs already out there.

2) We are going to clarify additional rights that give NFT owners the right to print the image on various media or display the image for their own enjoyment.  This is something most NFT projects are lacking.  So, you can print the image on a coffee mug for yourself, but you can't start printing and selling them commercially.  

3) We'll offer NFT owners the ability to print the numbered edition on cryptoart.com with wallet capabilities.  It will be marked as non-transferable without the NFT however.  So, it will look a little different than V1 art pieces.  


Hope this helps.

Maybe I missed something or I'm not understanding it correctly. Can you elaborate on this part? Are you saying, going forward you'll only release pieces as NFTs and it would be up to the NFT holder to actually print them or will cryptoart.com still do the printing if the NFT owner wanted it printed?

Hey, Folks --

I wanted to give everyone here an update on how the Cryptoart.com project is moving forward.  I spent a lot of time on this forum back in the day (under a different username).  I can't believe the Wall Observer is still cranking! Anyway, I know some of you have purchased art pieces over the years.  Thank you for that.

How the art on Cryptoart.com will change:

It should be noted that we are in no way abandoning physical prints/collectibles. We're simply changing how provenance is conveyed, and only if you decide to claim your NFT. NFTs are portable immutable records that prove and transfer ownership of an underlying asset really well. I don't believe an NFT is art, but NFTs help unlock the value of the underlying art by allowing it to be authenticated, enjoyed in different forms, conveyed to others, and sold in marketplaces like Opensea.

Cryptoart.com V1 (The old way):

The physical Cryptoart you own now, along with the certificate of authenticity, represent an authentic art piece.  Selling your art piece requires physical delivery.  

Cryptoart.com V2 (The new way - only if you decide to claim your NFT):
 
The authenticity will shift to the NFT. The NFT allows the owner to enjoy the art in virtual spaces and grants the owner the right to reproduce the image in the physical world for personal use.  If you want to sell the art piece, you simply sell the NFT.  

Physical art pieces created with the NFT are only for personal use.  They can be sold, but only with the NFT and the art will be marked as such. This prevents unauthorized copies from increasing available supply in the market.  Placing provenance exclusively on the NFT will make the aftermarket more transparent, and even allow us to incentivize scarcity.  More on that to come.

When can I claim my NFT?

We're still finishing up the smart contract work.  We expect it to be completed in the next few weeks. *That isn't when the claim will begin.*  Here is the process:

1) Complete this google form for each art piece you have:

https://docs.google.com/forms/d/e/1FAIpQLSdt9FXrbk3EedgsqgcrNVWy2iPNIpUetrwQ3JMZrqyHHHU4IA/viewform?usp=sf_link

Feel free to start this now.  I know this is tedious if you have many pieces, but we need to manually authenticate each art piece.  This process underscores the need for NFTs.  You will need the Ethereum address of your Metamask account that we will whitelist.

2) Mint the NFT.  When the time comes, we will direct you to a page that allows you to mint the NFT. There will be some gas fees associated with the process that are dependent on network congestion. There is no obligation to claim the NFT and there are no plans to expire your claim on the NFT.


Creating Scarcity:

Over the years we released about 25 crypto themed art pieces as limited editions in various sizes.  In total, this translated to almost 7,000 art pieces of which ~2,500 (~1,000 are from a single edition, crypto nouveau) were still available when we paused sales earlier this year. Our plan is to immediately burn 50% of the remaining art pieces.  When we relaunch, we will drop 500 pieces as NFTs.  The remaining NFTs will go to devs, founders, and a foundation that will eventually live at cryptoart.org.  There will be a vesting schedule for devs and founders.

Things are still fluid, and I highly value the insight of those in this form.  This is why I’m posting here first.  I welcome feedback here or directly at Troy at cryptoart.com.

https://scarce.city/auctions/alexander-fedosov-works

I looked on scarce.city and didn't see the auction, did I miss something?  Can you post a link?  Thanks!

yea I knew you had more - and I am actually at 19 but still less than you

There's an auction coming up on Scarce for 3 of the Alexander Fedosv pics this weekend

Patriot, Nun & Chinese girl

Viz

i can beat that and have 22 different cryptoart pieces
and i am actually missing only 2, if i am not mistaken

same, would love to see some new ones. I have 18 different pieces atm and still missing quite a few of the existing ones.

I'll add on that I'm also looking forward to new releases.

Bump!  I know cryptoart.com has been at a few crypto shows/conferences lately, I'm hoping there is some news with the holidays just around the corner.  I'm looking forward to what comes next.   

Hey Cryptoart.com!  Any updates you have with respect to upcoming releases or more importantly, please keep us posted here!  Can't wait to see what comes next for us! 

It was when I saw it - just needed a pw as it was “protected” luckily had an inside man