01/09/2021 Art Industry News: A 12-Year-Old Made Almost $400,000 Minting NFTs of Whales on His Summer Vacation + Other Stories

Plus, UCCA Shanghai is expanding to Chengdu, and Cindy Sherman made original art for a new George Jones and Tammy Wynette cover album.

Weird Whale NFTs, screenshot courtesy of Twitter.

Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know on this Monday, August 30.

NEED-TO-READ

Frieze’s Next Big Swing – While most fairs poured money into digital during the onset of the pandemic, Frieze decided to invest in brick-and-mortar. The company is preparing to open its first year-round space on Cork Street in Mayfair, London, on October 7. Galleries can use the space for small events and pop-up exhibitions. The first round of dealers to set up shop there are James Cohan (New York), Commonwealth and Council (Los Angeles), and Proyectos Ultravioleta (Guatemala City). (Financial Times)

New York Fairs Prepare for Their Comeback – The executive director of New York’s Armory Show is expecting the unexpected ahead of the fair’s opening in less than two weeks. “We are putting on this event and have a Plan A, B, C, D and E,” Nicole Berry said. Big galleries are still planning to go—David Zwirner, Stephen Friedman, and Marianne Boesky are among those signed up to show their wares at the Javits Center beginning September 9. Meanwhile, some European collectors are considering a two-week stop in Mexico to bypass the current quarantine rules. Now that’s commitment. (New York Times)

Meet a 12-Year-Old NFT Mogul – Benyamin Ahmed made more money during his summer vacation than most professionals make in a year. The 12-year-old spent the break creating pixelated artworks called “Weird Whales” and then selling NFTs of the characters for a total of £290,000 ($399,156) to date. Ahmed’s father, a software developer, likened the whales to “digital Pokémon cards,” and praised buyers for recognizing the “historical significance” of his son’s work in a new medium. (Guardian)

Artists Remain Held in Cuba – Artists Hamlet Lavastida and Luis Manuel Otero Alcántara are among several individuals being held in maximum security prisons on unclear charges for several months in Cuba. Lavastida was jailed in June upon his return from a prestigious art residency in Berlin for messages sent in a group chat in which he suggested marking Cuban currency with acronyms for artist-led freedom movements 27N and MSI; the action never took place. (The Art Newspaper)

MOVERS & SHAKERS

UCCA Expands Even More – The UCCA Center for Contemporary Art is opening a fourth location, in Chengdu, in 2024. The art center debuted its third space in May, an outpost called UCCA Edge in Shanghai. (TAN)

Auction Highlights India’s Forgotten Masters – Previously overlooked 18th- and 19th-century artists who were commissioned by officials at the East India Company are the subject of a sale called “In an Indian Garden” at Sotheby’s on October 27. The 29 lots were once owned by the American art dealer Carlton Rochell. (Guardian)

Vaccinated Brits Can Now Travel to Italy – Great news for those who have been waiting to go to see the cultural wonders in Venice, Florence, or anywhere in Italy—quarantine measures will be dropped for fully vaccinated U.K. citizens or residents from next week. All that will be needed is a negative PCR or antigen test taken within 48 hours of travel. (Evening Standard

FOR ART’S SAKE

Cindy Sherman Designs an Album Cover – While we wait with baited breath to see the final album cover for Kanye West’s Donda, another new release merits art-world attention. Teddy Thompson and Jenni Muldaur, along with producer David Mansfield, have released an album of duets by George Jones and Tammy Wynette (Teddy & Jenny Do George & Tammy). The unbeatable album cover features Cindy Sherman cast in both roles. Muldaur and Sherman both have homes in Springs, New York. (Instagram)

 

Arts

https://news.artnet.com/art-world/art-industry-news-aug-30-2003781

Interesting NFTs
#47424
By OthersideDeployer
Ringers #621
There are an almost infinite number of ways to wrap a string around a set of pegs. On the surface it may seem like a simple concept but prepare to be surprised and delighted at the variety of combinations the algorithm can produce. Each output from 'Ringers' is derived from a unique transaction hash and generated in Javascript in the browser. Feature variations include peg count, sizing, layout, wrap orientation, and a few colorful flourishes for good measure. Additional project feature(s) => Background: Red, Size: Normal, Wrap orientation: Balanced, Wrap style: Loop, Peg layout: Recursive grid, Peg scaling: Uniform, Body: White, Peg style: Solid, Extra color: N/A, Peg count: 23
The Machine of Real Madrid
Visual Toy honoring the greatness of the most awarded club in the world of football, Real Madrid. Including his top stars of all time including President Bernabeu, a myth in the club's management. This Visual Toy represents the club as a title machine with the Champions League as a great emblem, since it holds the leadership in victories in the maximum European competition. A magical and fantastic mechanism like the history of the club itself. Including the Bernabeu in its last year before the remodeling in 2020, this Visual Toy brings together all the essence and soul of the merengue team. https://javierarres.com
Who is Satoshi Nakamoto?
"Who is Satoshi Nakamoto?" is dedicated to the mysterious creation of Bitcoin, and acts as the showcase artwork within Javier Arrés’ exploratory series "Bitcoin, The Origin". "Who is the creator of Bitcoin?" The artist, Arrés, explores this question, and the feelings of doubt and mystery that accompany it, through his unique artistic language. An unknown, an enigma. It should be remembered that the name Satoshi Nakamoto is a pseudonym of Bitcoin's author or authors and gives us little insight into its true creator. For this Visual Toy, Arrés uses the signature claw machine, his famous half-operation, to symbolize our collective ignorance and unconfirmed belief: As soon as it has the stuffed animal within its grasp and appears to have solved the puzzle, the animal escapes again, and again. At present, there are three more public and studied possibilities who are either believed to be the creators of the currency or who directly claim the creation of it. It may be all or none of them, yet these three personalities leave us clues which are an important part of this interesting enigma. For this moment, it will remain unknown... In this artwork, Arrés elevates the claw machine from the apparatus, to an iconic pop art object serving as an important element to the Bitcoin creation narrative. Action is everywhere, with each movement serving an iconographical or metaphorical purpose related directly to cryptocurrency: Various ups and downs, roller coasters, mining points, robot, coins and more speak to a sense of hope, risk, mystery, randomness and possibility of pay out. Hundreds of manically thought out details make this creation one of the artist’s most complex Visual Toys to date. ------- "Bitcoin, The Origin" is a set of two Visual Toys, titled "Who is Satoshi Nakamoto" and "It’s Alive!" which reflect and explore the mystery and enigmas behind the creation of Bitcoin. Arrés presents these proposals to us in his signature style, full of iconography, fantasy, maniacal animations and a panoply of details (both subtle and overt) which simultaneously fascinate, hypnotize, and narrate this historical milestone through the singular vision of the artist. Through this series, Arrés freezes a crucial moment of cryptocurrency history, taking a still photo under his vision and turning it into two unique crypto artworks. ---- More info about Javier Arrés: https://javierarres.com/about.html
Rare Kittie! Manx
Hi-ya! I'm Rare Kittie! Manx. I'm a Private Dancer by day, and I like playing chess by night. I once snuggled a labradoodle. I don't like to talk about it. I think you'll love me beclaws I have cattitude.