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Nothing will replace the unique experience of admiring a work in real life in a museum, but that doesn’t take anything away from what reproduction in a book or even on the Internet can bring. It also happens that museums close their doors for several days or even several months. And then there’s all that business that you don’t really belong in yet. Metavers now offers all kinds of alternatives to flaunting art from every angle.

A 360-degree 3D immersion in the heart of the House of Chaos, the headquarters of Artmarket.com

[Image : https://imgpublic.artprice.com/img/wp/sites/11/2022/06/artmarket-com-head-office-heart-of-the-abode-of-chaos-3d-immersion-360.jpg]

Terry Ehrman, president and founder of Artmarket.com and its pricing division: “ Metavers will give birth to the best as well as the fuzziest. There are indeed many scraps of it, which reveal a myriad of possible applications: while some Metavers act as extensions of our very real world, others invent new universes governed by their own rules. Facebook (Meta) or Sandbox whims currently dominate discussions, but many other forms of Metavers are being created here and there, particularly in the art world and around Artprice. “.

Dive into the digital age

Virtual tours have gradually established themselves in the art world over the past ten years. Many museums, galleries and auction houses today offer the ability to tour their exhibition spaces on a smartphone, tablet, or computer.

This alternative allows hobbyists and professionals alike to access businesses and benefit from rich content. This is a complementary way to experience or restore a display that meets the growing need for flexibility, the importance of which is measured using NFTs. The platforms that allow the exchange of these digital certificates can already be accessed day and night from any point on Earth, provided there is only an internet connection.

If digital tours were originally created as photo montages, new technologies now use 3D design software as well as artificial intelligence. Solutions developed by the Universal Museum of Art, Genesis Penthouse or Spatial, among others, make it possible to “hang” an entire collection of artworks in a digital space, with almost infinite scenographic freedom.

https://www.the-uma.org/en/

https://www.nftoasis.co/genesis-penthouse

https://spatial.io/

Welcome to the other side

If these ideas remain a mystery to the general public, many of the NFT’s most important projects are hanging by the imminent arrival of their Metavers. This is already the case for Yuga Labs with the launch of “Otherdeed for Otherside”.

https://www.youtube.com/watch?v=wcOyqZtZs8g

At the height of BAYC (Bored Ape Yacht Club) fame and strength in its prestigious community, Yuga Labs organized the first certified land sale in the Metaverse the other side. The massive enthusiasm for the BAYC project and the extremely attractive mint price ($305 APE ~ $6000) pushed the Ethereum Blockchain beyond usage limits: Gas prices (ie, Blockchain fees) soared and many participants were unable to get a plot of land despite Than pay a large fee. Fortunately, the designers have vowed to compensate the affected users.

The ground price for a plot of land is currently 2.55 ETH (about $2,500) while the last monkey sold at auction has reached $3.4 million.

https://opensea.io/collection/otherdeed

https://www.artprice.com/artist/1011081/yuga-labs/lots/pasts/27/nft

Contemporary artist Takashi Murakami, for his part, announced that he wanted to build Metavers that would be the sum of all his projects, murakamiflowers.kaikaikiki.com:

Ordinarily, turning 60 might mean you’re in the last stage of your life, but as I said earlier, my works are designed so that their machinery begins to function after my death. This is really a starting line for me.

[…]

I tried to recreate a scene in the digital world in which the foothills of Japan’s sacred mountain, Mt. Fuji, is completely teeming with cherry blossoms. I’ve drawn a delirious picture of a futuristic virtual space where, using MF [Murakami Flowers]In the digital world, my various business titles and activities will be rebuilt “.

[“Normally, 60 years old may indicate you are in the final stage of life, but as I said earlier, my artworks are designed so that their mechanism would start working after my death. So this is truly the start line for me.

I tried to recreate in the digital world a scene where the foot of Japan’s sacred mountain, Fuji, is in full bloom with cherry blossoms. I drew a delusional picture of a future virtual space where, along with M.F [Murakami Flowers], my various nicknames and my trading attempts will be reconstructed in the digital world. “]

Mysterious program Murakami, like many other Metavers projects, holds many surprises for us.

[Image : https://imgpublic.artprice.com/img/wp/sites/11/2022/06/artmarket-com-head-office-heart-of-the-abode-of-chaos-3d-immersion-360.jpg]

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Copyright 1987-2022 Thierry Ehrman www.artprice.comwww.artmarket.com

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Artmarket is the global player in the art market, among others, the Artprice division, the world leader in databases of art quotes and indicators with over 30 million indices and sales results covering more than 782,000 artists.

Artprice from Artmarket, the global leader in art market information, has set itself the ambition through its benchmark market to become the world’s leading NFT fine art platform.

Artprice Images® provides unlimited access to the world’s largest art market collection, a library of 180 million images or engravings of artwork from 1700 to the present day that have been commented upon by its historians.

Artmarket with its art price division constantly enriches its databases of 6,300 auction houses and constantly publishes art market trends for major agencies and 7,200 press titles worldwide. Artmarket.com makes available to its 5.4 million members (member login/RS) ads placed by its members, who now make up the world’s leading standard marketplace for buying and selling artwork. at a fixed price or at auction (public auction) regulated by paragraphs 2 and 3 of Article L 321.3 of the Commercial Code).

Artmarket with its Artprice division was awarded the government label “Innovative Company” awarded by the Public Investment Bank (BPI), for the second time in November 2018.

2021 Annual Global Art Market Report Published March 2022 by Artprice by Artmarket:
https://fr.artprice.com/artprice-reports/le-march-de-lart-en-2021

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