An installation exploring NFTs — Non-Fungible Tokens that ensure the uniqueness, permanence, and interchangeability of digital artworks through the use of digital data technology that acts as an unforgeable certificate of authenticity/proof of ownership.
Gold Rush was created with OpenSea event data over the day preceding and following 10am EST on March 11th, 2021 when MetaKovan purchased an NFT by Beeple for $69,346,250 in an auction at Christie’s.
The work reflected on this watershed moment for Crypto Art and NFT Art through data visualization and machine learning technology (Convolutional Neural Network, t-SNE).
By analyzing and visualizing this data, we examined some of the issues artists have grappled with since NFTs crossed the chasm into the art world and sought to quantify the new business possibilities behind the birth of the “play-to-earn” game style.
Presented at The Museum of Contemporary Art Tokyo, the project helped raise awareness of the debate surrounding NFTs among a wider public.
“Gold Rush” – Visualization + Sonification of Opensea activity
March 20, 2021
Credit
Concept, Sound design, Technical direction: Daito Manabe
Visual design and programming: Futa Kera
System Programing, Serverside Design: 2bit
Serverside Programing: Kosaku NAMIKAWA
Special Thanks to Mai Fujimoto (KIZUNA) and Yu Ayato (KIZUNA)
https://kizuna.institute/jp/
Visual design and programming: Futa Kera
System Programing, Serverside Design: 2bit
Serverside Programing: Kosaku NAMIKAWA
Special Thanks to Mai Fujimoto (KIZUNA) and Yu Ayato (KIZUNA)
https://kizuna.institute/jp/