South African Company Helps Create Local Art for Virtual World
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Loading... - Nicole Wilkinson
- 10 Jun 2022
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When South African artist Fhatuwani Mukheli paints at his workshop in Johannesburg, he creates two works at once. There is the traditional piece, an image on cloth, but also another that exists in the virtual world as digital art.
Mukheli uses The Tree, an online market for South African artists to share and sell their art as non-fungible tokens, or NFTs.
An NFT is based on a technology called blockchain, which is also used with digital money known as cryptocurrencies.
An NFT can be attached to a piece of digital artwork or other things existing in digital form. The NFT can be used to provide proof that the pieces are real. While anyone can view the work, the buyer has official ownership rights over the pieces.
Mukheli said, “There's a virtual world where people are buying land in it.” He was talking about the metaverse. The metaverse is a non-physical world in which individuals interact through different kinds of digital technology. Technology companies like Microsoft and Facebook say it is the future of the internet.
“People have properties there,” Mukheli said, adding “and your art can be on those walls.”
Buyers of Mukheli’s art receive both the physical art he makes in his workshop and the digital NFT. Other artists on The Tree sell up to five limited edition NFTs for each piece, or digital prints. Mukheli has already made thousands of dollars by using the service.
Trevor Stuurman is one of the artists on the Tree. He said, “I think it's important as an artist and a creative to always play where the ball is going and not necessarily where it's at."
Critics say blockchains, digital places used to store information, are not climate-friendly because they use a great amount of computing power. Read More…
