Next month sees the launch of RedKite, a new NFT platform aiming to be the bridge that connects collectors of well-established artists to the digital world through creating a new methodology for NFTs and art ownership.Non-Fungible Tokens (NFTs) have been around for some time now. However, following a few big press stories earlier this year, one being digital artist Beeple selling an NFT for $69 million, it\u2019s only in recent months that we\u2019ve seen some big players in the art world, such as Damien Hirst and Sotheby\u2019s auction house, join in the NFT party.Currently, most websites presenting NFTs in the form of visual artworks allow artists to upload their own digital files, GIFs, photos or animations and present them for sale for users to buy with cryptocurrency. However, with so many artists creating digital artwork, the whole space has become cluttered, and even some of the leading NFT websites such as Nifty Gateway still have thousands of works in their marketplace, many by predominantly unknown artists.This is where RedKite comes in to cut the noise. With a founding team built heavily of contemporary art professionals \u2014 one being renowned street artist and pioneer in the exploration of graffiti letter forms Ben Eine \u2014 the RedKite platform is fully curated, with a focus on artists who already have a big following and are widely collected in the physical art world. The team\u2019s deep ties to current practicing artists and their ability to bring in valuable contemporary names creates a one stop shop for premium digital art collecting.\u201cIn 2001, [American art dealer and curator] Jeffrey Deitch said the Street Art Movement was the biggest art movement in the world. I agreed with him at the time. We\u2019re now in 2021 and although it blows my mind, I believe digital art is the\u2026<\/p>","protected":false},"excerpt":{"rendered":"
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