Description
NFTs and the Non-fungible Experience
Moderated by: Johannes DeYoung and Melentie Pandilovski
Non-fungible tokens and blockchain technologies are radically reshaping digital arts commerce. Between 2020 and 2021, the global trading volume of NFTs increased ten-fold, with a reported global market of 22 billion USD in 2021. While the cryptocurrency crashes of 2022 signal a crisis of faith for some, others express that blockchain technologies will have lasting impacts for artists. Digital technologies continue to disrupt and collapse the boundaries between the arts, mass media communications, and popular consumerism. In his notes on the general economy, French philosopher Georges Bataille once referred to this kind of excess as the accursed share – an excess of energy that finds expression through spectacle. For some this shift represents opportunity, for others a crisis in bourgeois consumerism, and for many more a puzzling phenomenon. Many artists find novel positions relative to this current episode. Talks in this session represent unique views and critically informed perspectives of NFTs, the blockchain, and the current state of digital arts provenance, exchange, and commerce. Presentations and discussions will expose the practicalities, possibilities, and consequences of blockchain technology and the NFT.
Presenters and Speakers:
• When NFT Art Crashes like the Stock Market, What Happens Next? – Brainard Carey
• East Meets West, Bridging the Gap – Tony Coombs
• An Artist’s Journey into NFTs – Robert David Duncan
• Non-fungible Experiences: Speculating the Future(s) of Entertainment Technologies – Nandhini Giri
• Multisensory NFTs – Priscilla Koukoui
• The CleanNFT Community – Melody Owen – Michelle Brown
• The SuperRare Worlds of Federico Solmi – Federico Solmi
• When an AI Chatbot Enters the NFT World – Yuqian Sun
• To Shill or Not to Shill, Is That The Right Question? – C.J. Yeh
https://dac.siggraph.org/sparks/2022-09-nfts-and-the-non-fungible-experience/