José Delbo, a comic book artist who has drawn for both DC and Marvel, kicks off a week-long exhibition today (July 23) in the Ethereum-based virtual reality world, Decentraland. The artist, who started his career at the age of 16, is known for drawing Wonder Woman for DC Comics and Transformers for Marvel. He is releasing a number of digital images in the VR world for viewing and sale at the in-game MakersPlace gallery, with proof of ownership recorded using blockchain technology. Artist José Delbo with Batman. Source: Decentraland Cointelegraph visited the gallery earlier today, as anyone can log into …

A survey conducted by pioneering digital music store eMusic revealed that most of their service’s users were open to paying with crypto if it allowed artists to earn more. The survey — shared exclusively with Cointelegraph — revealed that 65% of eMusic customers would use cryptocurrency if it was for the aforementioned reasons. It is worth noting that a mere 8% of the respondents had used Bitcoin (BTC) or any other crypto in the past. Per the announcement, 800 eMusic users answered questions about cryptocurrencies and their use in the music industry. Survey data revealed that 40% of music listeners …

Famed Silicon Valley and crypto investor Tim Draper believes that distributed ledger technology is transforming the art industry. Speaking to Cointelegraph, Draper emphasized the benefits that many of the core utilities of DLT offer to the art sector, such as immutability, transparency, and traceability: “People are going to be able to tokenize their art, and that will make buyers of art more secure in their purchase decision, and make artists happier about knowing where their art is and who owns it.” Fractional ownership disrupts art industry Draper also noted the emergence of “a cottage industry growing for people to own …

As Cointelegraph reported, earlier this week a quarantine-inspired performance art film called HOW ARE WE was hashed and minted into a non-fungible token on the Ethereum blockchain. The project also minted another group of fungible HOW tokens and distributed these amongst the film’s contributors. The rights to the work are now controlled by the main token holder, although mechanisms are in place to ensure that any change of ownership will also reward the holders of the HOW tokens. The entire value of the initial sale will be distributed between the contributors, with 10% of the value of any future sales …

Blockchain technology is widely associated with the exchange of interchangeable digital assets, from payment systems like Zcash (ZEC) and Libra to platforms like Ethereum and Substrate, using what are known as fungible tokens. An item that is fungible is interchangeable with another identical item. Your dollar bill and my dollar bill, your Bitcoin (BTC) and my Bitcoin, are all worth the same amount. However, nonfungible tokens are not worth the same as any other token or currency, even one that may seem similar. While this characteristic may appear impractical — especially considering the trading utility of tokens — it is …

Selva Ozelli is an international tax attorney and regular contributor to Cointelegraph. She gives her expert opinion on a range of subjects, including how cryptocurrency and blockchain technology can both positively and negatively impact climate change issues. She is also an award-winning artist, and has recently curated the First Digital Climate Change Art Show. This show also features works by some of her fellow artists at Atelier Teymur Rzayev in Turkey. All of the works have been inspired by articles in Ozelli’s climate change series, so it seemed the natural thing for Cointelegraph to do was to review the exhibition. …

Pioneering digital music store eMusic has launched its eMU token to help musicians earn more royalties. According to an announcement published by eMusic on May 26, the firm launched its token with the aim of creating a sustainable music ecosystem. The eMU crypto asset is a payment method designed to allow artists on the platform to keep more of the royalties they earn. The firm’s president Tamir Koch said streaming had not worked out well for artists: “Streaming has dramatically increased revenues and adoption, but the model has proven itself to be fundamentally flawed. [...] Hard-up artists receive a fraction …

Speaking at Virtual Blockchain Week in front of one of his colorful yet hypnotic canvas pieces, Vesa Kivinen, the creator of Art For Crypto, suggested crypto art could be just as much of an investment as any other digital asset. Passionately extolling some of philosophical benefits of crypto art, Kivinen was just as eager to explain the business side of the coin: “[Digital art] has many similarities to, let’s say, the very, very early Bitcoin. Those opportunities of holding on to the first 10x, and the 100x, and the 1000x … they’re now going on in crypto art in these …

Paris-based artist Ben Elliot’s efforts to revolutionize the artwork purchasing and collecting experience have resulted in what he claims to be the world’s first personal cryptocurrency directly pegged to a career. The Stellar blockchain-based digital currency is called Ben Elliot Token (BET) and is expected to launch in 2021. The value of the token will rise along with the market value of Elliot’s artwork. Not a stablecoin though However, BET will not be a stablecoin as it may seem at first. “Ben Elliot Token is following my journey as an artist and my market value. Art goes up and down …

A blockchain-based entertainment platform is vowing to transform gaming by tackling flaws in the pay-to-play model. Digital Entertainment Asset, or DEA, says the current marketplace relies on gamers who continuously purchase in-app items that quickly become worthless. Many players are left regretting how much money they’ve spent. The company’s new concept changes the status quo by rewarding players instead of charging them, meaning loyal users get something tangible in return for the time they spend playing online social games. Known as PlayMining, the platform has three elements. According to the team, points earned through games and reading manga can be …

Following its inception, blockchain technology quickly found an application in the art sector, making art objects more accessible while changing methods and approaches to their creation and perception. This gave new opportunities for collectors, art galleries, museums, art brokers and artists. Brief introduction to the history of blockchain technology in the art world Projects such as CryptoKitties and CryptoPunks were among the first examples of visual blockchain art. The combination of blockchain technology and art is used not only for registering and collecting data about pieces of art but could also constitute a hub for creative artists around the world. …

Bitcoin artist “Bnoiit.c” has created an Ethereum-based virtual museum “Cryptovoxels” that ensures censored artworks are immutably preserved for an online audience. In its collection as of Aug. 25 has been a Bitcoin mural by French street artist Pascal “PBOY” Boyart, which was painted over by French authorities earlier this year. Revolutionary stirrings Cryptovoxels’ site tells the story of the subversive mural — a modern-day reworking of Eugène Delacroix’s classic revolutionary painting “La Liberté guidant le peuple” (Liberty Guiding the People). The mural — created in honor of the 10th anniversary of Bitcoin’s Genesis Block — had recast the rebels who …