“According to reports from Cointelegraph citing CoinGecko, the total NFT market capitalization stood at just $2.5 billion in December, representing a 72 % collapse from the January peak of $9.2 billion. Weekly NFT sales remained below $70 million, while the number of unique buyers and active sellers dropped sharply, indicating a loss of momentum across the entire ecosystem.” — Analysis Blockchain / Bitcoin World
“A study from earlier this year asserts that artificial intelligence-based systems like ChatGPT, BLOOM, DALL-E2, and Midjourney can create literary and artistic works with significantly lower carbon emissions than humans performing the same tasks.”
“The Museum of Modern Art in New York has acquired eight CryptoPunks and eight Chromie Squiggles for its permanent collection, marking one of the most significant institutional endorsements of onchain art to date.”
A movement forms when: – the work keeps evolving while imitators stay static – the idea expands beyond a single form – viewers begin to reference the thinking, not the image
As Marcel Duchamp showed, once the idea is stronger than the object, imitation loses its power.
