Pace Verso, a web3 tech hub from New York’s Pace Gallery, has teamed up with Snark.art’s OG.Art platform for designing and hosting non-fungible tokens (NFTs) in a major project with Random International.
The latter is an experimental art collective that creates large-scale and interactive art instalments, including its immersive Rain Room, with creative designs from Ukrainian artist Danil Krivoruchko.
The award-winning artist and art director has worked for massive clients such as Apple, Intel, Nike, and Boeing, earning him nominations for the 2022 Emmy Awards for Outstanding Main Title Design.
He is the co-author of the OG: Crystals NFT “Life in Our Minds” project, a two-part instalment featuring immersive NFT collections and interactive sculpture, with plans to release more later in the year.
The NFT series will open for sale on 25 October, where collectors can join the project’s waiting list.
An NFT Project ‘For the Boids’
Each NFT features a collection of Boids, or 3D origami birds that evolve over time of ownership, allowing fans to view the transformation in their crypto wallets. Boids will change in number, design, and other features, providing a novel method for encouraging long-term NFT adoption and incentivisation.
The project also aims to limit erratic behaviours in NFT trading such as flipping and asset speculation, leading to the long-term viability of crypto and NFT assets for a new generation of collectors.
Numerous decentralised autonomous organisations (DAOs) have collaborated with Life in Our Minds, including Flamingo DAO, Pleasr DAO, Fingerprints DAO, PROOF Collective, Tom Sachs Rocket Factory, Outland, Moonbirds, Ksoids, 89 Seconds Atomised, and others to develop exclusive mutable NFT technologies for its fan base.
According to the gallery, its first year of operations saw major collaborations with immersive artists using “boundary-pushing technologies,” with extensive NFT projects released from artists Zhang Huan, Jeff Koons, DRIFT, Lucas Samaras, Glenn Kaino and many others.
NFTs Take Off
The news comes amid a surge of popularity from web3 and NFT artists, many of whom have released
massive projects in collaboration with top multinational firms across the world.
NFT and virtual fashion platform ARTISANT teamed up with Red DAO for a new web3 platform to host a massive catalogue of fashion NFTs with CloneX avatars from immersive firm RTFKT.
The project released two product lineups, with the former’s Starsign series and the latter’s CloneX collection, leading to a combined 11 fashion NFTs creating 77 combinations for artwork modelling.
ARTISANT’s Leila Ismailova recently joined XR Today for the first-ever XR Summit, where she discussed the benefits of the NFT economy, how creators can launch campaigns for specific causes, and fund and support artists with expanded outreach and revenue streams previously unseen in the industry.
A further event, the Vogue New World immersive fashion expo, saw major extended reality (XR) firms such as Ready Player Me, Spatial, and Polycount develop an enterprise-level metaverse space for virtual meetups, demos, and fashion NFTs using bespoke blockchain technologies. The event debuted across platforms such as Meta’s Quest series of headsets as well as tablets and smartphones.