Wannerstedt’s blockchain debut will consist of a series of four short animated loops called “Coexistence” and will be put up for sale in the form of non-fungible tokens (NFTs) on MakersPlace on October 29.
“This is a digital exploration of physics, movement, and predictability, focusing on the interactions between shape and space. It showcases a harmonious coexistence between two different motion patterns, captured in a hypnotising, infinite dance. A good design is characterized by the fact that form and function always coexist. One is followed by the other,” Wannerstedt explained.
A NFT idea
As their name suggests, NFTs are indivisible and unique crypto tokens, each being one of a kind. When a digital artwork is represented—and sold—as NFT, it creates a verifiable proof of ownership and scarcity for its holder. For example, a rare Batman NFT artwork was sold for a whopping $200,000 just recently.
Wannerstedt’s rise to popularity started around 2017, when he began posting his artworks on Instagram. He was a 2D artist in the late ‘90s before moving to Los Angeles, where he came across 3D animation and decided to learn more about it.
Since then, Wannerstedt has collaborated with the likes of Google, Adidas, Ikea, Coca-Cola, Spotify, Absolut Vodka, Red Bull, Swarovski, Gucci and others.
The art world is increasingly taking an interest in cryptocurrency and blockchain, both as a tool for creating artwork, and as a subject. As Decrypt reported, famed auction house Christie's recently auctioned a Bitcoin-themed painting for over $130,000, while crypto research firm Delphi Digital purchased five Ethereum NFTs for over $162,000.
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