Innovative digital art platform LGND inc. has launched a collection of tokenized art pieces with the renowned Japanese artist Haroshi. The collection, titled 'RECYCLED PIXELS,' includes a wide range of one-of-a-kind pieces including digital versions of Haroshi's classic skull and middle finger sculptures.
This limited-edition collection sees Haroshi give his iconic street culture artworks a digitized update via non-fungible tokens (NFTs). The creation of NFT-based artwork has emerged as a new space for artists to present entirely unique digital artworks that are unreplicable due to the blockchain technology being utilized to produce them.
Fan's of Haroshi's can now own 'originals' of his artwork but in entirely digital form. "I’ve always been interested in the things that supposedly do not exist," said the artist referencing his first step into the strange but burgeoning world of NFT-based art.
Blockchain-Based Artworks
LGND Inc. Releases Digital Art Series With Japanese Artist Haroshi
Trend Themes
1. Nft-based Art - The emergence of blockchain-based art presents an opportunity for artists to create unique digital artworks through non-fungible tokens (NFTs).
2. Digitized Art Collections - Art platforms can capitalize on a growing market by creating limited-edition collections of tokenized art pieces that offer fans the chance to own 'originals' of their favorite artist's work in entirely digital form.
3. Intersection of Art and Technology - There is an opportunity for innovators to explore the intersection of art and technology through new mediums like NFTs to create entirely new art forms that challenge traditional notions of art and ownership.
Industry Implications
1. Art and Culture - The art world can explore the use of blockchain technology and NFTs to digitize and monetize artwork, creating new opportunities for artists and collectors alike.
2. Technology and Cryptocurrency - Cryptocurrency businesses and blockchain developers can leverage the trend towards NFT-based art to explore new use cases for blockchain technology and monetization of digital assets.
3. E-commerce and Marketplaces - Art marketplaces can capitalize on the growing demand for NFT-based art by offering a platform for artists and collectors to buy and sell tokenized artwork, while also exploring new revenue streams through transaction fees and partnerships.