Market Cap: $133.43B

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Vol24: $28.58B

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dominance: 52%

Cryptocurrency has spawned an eclectic underground art movement

Cryptocurrency has spawned an underground art movement

What is common between the art world and cryptocurrency? Among other things, a love for conceptual art that evoking of the emotions and the tendency to confuse. In the 20th century, there were such movements in art as surrealism, impressionism and pop art. Today there is a new phase of development of art, which merged with cryptocurrencies to create such a hybrid exhibitions, as Bitcoin Art (r)Evolution.

Art movement of the 20th century believed that human society will develop in the spirit of democracy, capitalism, and technological innovation. Crypto-currencies are an excellent example of this development. For example, bitcoin has anti-capitalist characteristics such as the decentralization of the banking system and equal access to finance. It is not surprising that modern artists use crypto-currencies for buying, selling and creating various works.

Artists and collectors need to understand current trends that drive the market. Cryptocurrency and the world it created, in turn, gradually invaded pop culture. Today, there are many independent art galleries, created solely by the cryptocurrency.

Collector Joe Nash, residing in Singapore, is selling part of its Australian collection of artworks through Visionairs Gallery that accepts cryptocurrency. Art gallery Lynx Art Collection also accepts bitcoin payments. In addition, there are platforms such as Maecenas, which calls itself the "first open blockchain platform democratizes access to fine art".

In France, a group of international artists organized an exhibition of cryptocurrency called Bitcoin Art (r)Evolution, the purpose of which was to "demonstrate the potential of cryptocurrencies through symbolism and practice" and "illustrating the genesis of the digital revolution."

Another interesting example of the use of cryptocurrency in the art ― project Scarab Experiment, created in 2014. It is a multiplayer team, which uses the ability of artificial intelligence to image processing for forming the same artwork from thousands of others.

There are artists who use cryptocurrency as a source of inspiration for their creations. So, the British band Aktiv Protesk is one of the representatives of the new artistic wave that uses cryptocurrency. Called "Banksy from the cryptocurrency world", Aktiv Protesk plans to sell their works for bitcoin.

During the recent protests in Paris, a popular street artist Pascal Boyart create a wall picture on these events. One of the elements of the picture were encoded bitcoin address containing 0.28 BTC.

Every day collaboration between the art world and cryptocurrencies is gaining momentum. Oil paintings, sculptures, street art, graffiti, performances and other works created with the support of the cryptocurrency, only confirm this.


TOP 20 coins by Market Cap

Bitcoin

Bitcoin | BTC

$3949.83814127 $69.32B
-0.88
Ethereum

Ethereum | ETH

$145.529492515 $15.27B
-1.35
Ripple

Ripple | XRP

$0.3223429856 $13.32B
-2.77
EOS

EOS | EOS

$3.7524791528 $3.4B
-3.13
Litecoin

Litecoin | LTC

$49.2396619497 $2.98B
-3.87
Bitcoin Cash

Bitcoin Cash | BCH

$142.296470569 $2.51B
-3.18
Tether

Tether | USDT

$1.0056647473 $2.03B
-0.06
Stellar

Stellar | XLM

$0.0893038455 $1.71B
-1.35
TRON

TRON | TRX

$0.0247426574 $1.65B
-2.05
Binance Coin

Binance Coin | BNB

$10.3252880817 $1.46B
-6.88
Cardano

Cardano | ADA

$0.0451286956 $1.17B
-4.32
Monero

Monero | XMR

$50.7800698334 $0.85B
-3.14
IOTA

IOTA | MIOTA

$0.302615431 $0.84B
-3.22
Dash

Dash | DASH

$84.7430706093 $0.73B
-2.86
Maker

Maker | MKR

$644.278704344 $0.64B
-0.74
NEO

NEO | NEO

$8.703937858 $0.57B
-4.52
Ethereum Classic

Ethereum Classic | ETC

$4.5095243757 $0.49B
-3.92
NEM

NEM | XEM

$0.0434600884 $0.39B
-0.79
Zcash

Zcash | ZEC

$54.2837148442 $0.32B
-1.83
Waves

Waves | WAVES

$2.8432414489 $0.28B
1.04
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