NFT - COLLECTION
Along with a collective of talented artists, Art Rapture has immersed itself into the highly reputable NFT marketplaces of, KnownOrigin.io, NiftyGateway.com, rarible.com and opensea.io. The NFTs available for acquisition are mostly based on the Ethereum (ETH) blockchain. In many cases an ETH crypto wallet or Credit Card is required to collect the authentic & unique digital artwork.
What are NFTs? This article from coindesk breaks it down.
Join Art Rapture's Connoisseur's Club Discord server HERE
Information about Nifty Gateway
What is a Nifty?
The best way of wrapping your head around what a Nifty is (also known as a non-fungible token and NFT) is to compare it to real world examples.
Non-Fungible? What does that mean?
Fungibility simply refers to assets that are completely interchangeable. If I lend you a dollar bill and you pay me back later with a different dollar bill, it does not matter. Both bills have the same value. A non-fungible asset refers to an item that is not interchangeable. For example, a plane ticket. All plane tickets have different names, destinations, etc. which means that each one is completely unique.
How does this relate to the digital world?
A NFT is a digital collectible. Digital collectibles have existed for a while, but their full potential had not been unlocked until the emergence of blockchain technology.
Key characteristics of NFTs include:
Indestructible: Because all NFT data is stored on the blockchain via smart contracts, each artwork cannot be destroyed, removed or replicated. Ownership of these pieces is also immutable, which means collectors actually possess their NFTs.
Verifiable: Another benefit of storing historical ownership data on the blockchain is that digital artwork can be traced back to the original creator, which allows pieces to be authenticated without the need for third-party verification.
Nifty Gateway - NFT Marketplace
Nifty Gateway is known for emphasizing high-end digital art and curated collections. The platform regularly offers limited-edition collections through partnerships with top artists and brands, including Beeple, Ola Volo, and iHeart.
How do I sign up for Nifty Gateway?
You will need to enter a valid email address, choose a username, enter your name, and choose a password. Then you are all set up with a Nifty Gateway account!
Types of Drops on Nifty Gateway with Ola Volo
Nifty Gateway utilizes a variety of different mechanics for participating in primary market sales of NFTs. In simpler terms, these are just different ways you can buy your NFTs.
Open Editions - Open Edition NFTs are set to a fixed price (e.g., $444) and will be available to purchase for a set amount of time (e.g., 30 minutes) once the drop period begins. The number of purchases will dictate the edition size. Often delivery of Open Edition NFTs is not immediate, as popular collections may take a few hours to mint, at which point they will appear in your account.
Ranked Auctions - Ranked Auction Nifties are similar to silent auctions but defer in that all bids submitted by collectors are publicly viewable. Once the auction period has concluded, the highest 5 bidders will all receive one of the available editions, and will pay the price that they bid on the piece.
Drawings - Drawings were designed to level the playing field for all collectors. Drawings will have a set number of editions available (e.g., 20) and will be available to enter for a set amount of time (e.g., 30 minutes). Once the drawing period begins, collectors that meet the specified requirements can enter the drawing. For the Ola Volo drawing, you simply need a validated profile and payment method.
Once the entry period concludes, winners will be randomly selected and automatically charged for the price of the nifty.
- Edition #'s will be randomly assigned
- Only one entry per user unless otherwise specified
- You must have a validated profile and payment method to enter
- If payment cannot be processed at selection time a new winner will be selected
KnownOrigin. and Art Rapture have entered into a unique partnership whereby Art Rapture curates a collective of artists that provide a fresh collecting opportunity for art aficionados, local and abroad.
In order to collect NFT artwork on KnownOrigin. you will require a profile. Here is a video from KnownOrigin. on how to set up your profile
Note, that all transactions are complete on the Ethereum blockchain, which means you do require a crypto wallet with ETH. This is described in the link above.
Members of the Art Rapture collective on KnownOrigin.io include (click to view):
As always, quality and exclusivity are woven in to the core of Art Rapture. Our selected NFT artworks undergo a strict curation process to ensure a high degree of collectibility and value.
Stay tuned for more details as we plan on bridging our physical art collection with digital NFT art acquisition opportunities.
Art Rapture's 2 rules of collecting:
1. Love your collection
2. Evolve your collection
Past Art Rapture curated drops:
Ola Volo - QUEENS OF LUSH
A curated drop on Nifty Gateway!
JANUARY 11, 2022
Queens of Lush is a collection of 5 original works of art, specifically created for the Nifty Gateway experience. Each queen exposes us to the indulgence, elegance and majesty of Ola Volo’s favorite subject, Queens. In this collection we present one programmable work of art, Queen with Martini, two animated works, Queen with Orange and Queen with Peacock that work wonderfully on loop, and finally, two still artworks, Queen with Snake and Queen with Swans that showcase the powerful presence of an Ola Volo Queen. Happy Collecting!
View the collection on Nifty Gateway - QUEENS OF LUSH
Limited editions (drawings) and auction piece view HERE
Open Editions (limited to 30 minutes) view HERE