Greg Oakford, co-founder of NFT Fest Australia, is your guide to the world of NFTs from a collector and fan’s perspective.
Seventeen years ago, Pindar Van Arman built a robot that, like him, painted with a brush on canvas.
He has built several robots since, with each iteration possessing a more sophisticated artificial intelligence that tried to paint “more like I painted.”
The term OG can be thrown around often undeservedly, but Van Arman is truly that when it comes to AI art.
He created his first crypto art project in 2015 — titled bitPaintr — and minted his first Ethereum nonfungible token (NFT) in 2018 titled “AI Imagined Portrait Painted by a Robot” on SuperRare.
“It was really hard in 2015 because I had the challenge of trying to explain the tech in an emotional way. It triggered a visceral reaction where people would say, ‘Well, wait, these are robots that can’t be emotional,’” says Van Arman.
“I’d got hate mail back then when people would say it’s hard enough for artists to make a living. Now, we have to compete with robots. There were a lot of barriers back then.”
Pindar’s robot painting (Cloud Painter)
Validity of AI art
For the cynics that question the validity of AI art, Van Arman agrees with them to a degree but makes a distinction between AI being labeled as an artist versus being creative.
byteGANs collection by Pindar Van Arman. (SuperRare)
“The thing I agree with them on is that AI can’t make art. But AI is a tool that can be used to make art by an artist. When you put it in those terms, no one can really disagree with you. They may not like it, but it’s hard for them to disagree,” Van Arman says.
“Here’s where it gets controversial though, here’s the middle ground that I claim which I know is true because I see it and I program it; AI cannot be an artist. AI can be creative. Creative in a very similar way that humans are creative.”
Van Arman is no stranger to having people’s eyes glaze over when explaining his work.
“All the questioning and doubt over the years told me I was on to the right thing because when you have artists in the art world saying that your stuff is too weird, you sort of know you’re on to something. I mean, artists are the most avant-garde, forward thinking group of people there are,” says Van Arman.
“For artists and art curators not to get something that you know is true and for them to say something’s impossible, you just know the time hasn’t come yet and just keep on pursuing that.”
The Fates by Pindar Van Arman. (SuperRare)
Freedom to transact
Van Arman has frequently spoke in favor of royalties, supporting the current writer’s strike in the United States.
“I’m always in the middle of the royalty debate because I 100% support them and I support them because they exist in the writing world, they exist absolutely in the recording world. Hollywood’s on strike right now because the writers stopped getting royalties on streaming services. This has significantly impacted their lives and now they’re being taken advantage of again. The whole Hollywood strike is about royalties on streaming services like Netflix and others,” Van Arman says.
Van Arman notes the difficult of keeping track of royalties, claiming that the Ethereum network has provided a better means to guarantee the “Freedom to Transact.”
“It’s a new philosophy that the asset has to be 100% sovereign. If you own something, you have total control over it, you should not be forced to pay royalties. I went hard early on against people that were saying royalties are like tips,” Van Arman says.
“I agree with freedom to transact and that means that artists have the right to say, there are royalties on my artwork and if you don’t like it, you don’t have to buy it. No one’s forcing you to buy it and it makes perfect sense to me. But for some reason I have a hard time explaining that to people. They say no, no, no, the asset is worthless unless it has no encumbrance. They might think it’s worthless, but it might be worth something to someone else.”
Notable sales
AI Imagined Portrait Painted by a Robot by Pindar Van Arman sold for 80 Ether (ETH) ($342,100). (SuperRare) The Cryptographer 10,101 by Pindar Van Arman sold for 21.8 ETH ($93,800). (SuperRare) Bonni3 by Pindar Van Arman sold for 20 ETH ($68,900). (SuperRare)
Rapid-fire Q&A
When someone looks at your art, are there any particular emotions you hope that they’re experiencing?
“The goal for me of making AI art and the emotion I’m after is for people to not know it was AI art. To feel something and observe something and not know that the image was painted by a robot. And then only afterwards they realized it was painted by a robot, then that becomes part of the narrative. They can do a double take, they learn the story through that.”
Who are the influences on your art career to date?
“I don’t want to answer here. I don’t want to answer because I’m friends with some of them now and I don’t want to give them the satisfaction of knowing that they were my influencers haha.
If they found out, they’d become intolerable which is absolutely true. This is what I love about this space, I am hanging out with my big influencers and it’s really fun. Love it.”
Who is a notable collector of yours that makes you smile knowing they own one of your pieces?
“There’s one collector I have and that’s unusual and I really enjoy how unusual this collector is because this collector is silent and has possibly the largest AI art collection in the crypto space but has no social media presence. Zero.
This collector is ironically named Blur, not the platform. Why Blur really brings a smile to my face is they are so conscientious about their collecting that they don’t want to influence other people, they don’t want to ape into something and then have other people ape into it because they aped into it. I think that’s really noble, the collecting is coming from the heart and they never advertise their bags yet collect like mad.”
What’s your favorite NFT in your wallet that’s not your own NFT?
“The one that gives me the most joy is my CryptoPunk. I own punk 7627. That’s actually a really obvious choice when I think of my collection.”
What does Pindar listen to when creating art:
“A lot of EDM music. Also Pink Floyd once in a while.”
Pindar Van Arman in action. (Cloud Painter)
What’s hot elsewhere in NFT art markets
Winds of Yawanawa, a co-creation between the Brazilian Indigenous Yawanawa and Refik Anadol collection, is on fire. The floor ripped through a 10 ETH floor earlier in the week and has more than doubled in the last two weeks.
Other big sales include:
The Monument Game 1 of 1 by Sam Spratt sold for 420.69 ETH ($700,000). (Nifty Gateway) Ringers #195 by Dmitri Cherniak sold for 35 ETH ($57,184). (OpenSea) Ethereal by Nude Yoga Girl sold for 33 ETH ($54,259). (X)
Only two fresh Squiggle mints remain
The iconic Chromie Squiggles collection has nearly finished minting. On August 30, founder Erick “Snowfro” Calderon tweeted that 66 fresh Squiggles would be out into the world, leaving only two Squiggles remaining for the 10,000 collection.
Snowfro distributed the 66 to a selection of family, artists, collectors, institutions and friends while announcing Squiggle #9998 will be a special commemorative mint with further details soon and #9999 headed to the Los Angeles County Museum of Art.
Selection of the new 66 fresh Squiggles minted (Proof)
Day 0 Squiggles occurred on November 28, 2020 with approximately 9,000 of the total collection being minted in the first two months after the initial mint. Snowfro decided to keep the remaining mints up his sleeve and has been releasing those at various stages over the last few years as the popularity of his artwork continues to skyrocket.
Tomorrowland surpasses $2 million in NFT sales
World-renowned EDM festival Tomorrowland generated over $2 million in NFT sales on Solana.
Tomorrowland superfans were able to secure pre-sale tickets, access secret gigs, become eligible for giveaways, and be treated to exclusive tours of the festival ground.
Tomorrowland 2023 (Tomorrowland).
Tweet of the week:
The tweet of the week goes to Justin Trimble commenting on Refik Anadol’s work being spectacularly displayed on the new Vegas Sphere. The Sphere was first covered in this article of NFT Collector.
Subscribe
The most engaging reads in blockchain. Delivered once a
week.
Greg Oakford
Greg Oakford is the co-founder of NFT Fest Australia. A former marketing and communications specialist in the sports world, Greg now focuses his time on running events, creating content and consulting in web3. He is an avid NFT collector and hosts a weekly podcast covering all things NFTs.
A US judge has granted prediction markets platform Kalshi a temporary reprieve from enforcement after the state of Connecticut sent it a cease and desist order last week for allegedly conducting unlicensed gambling.
The Connecticut Department of Consumer Protection (DCP) sent Kalshi, along with Robinhood and Crypto.com, cease and desist orders on Dec. 2, accusing them of “conducting unlicensed online gambling, more specifically sports wagering, in Connecticut through its online sports event contracts.”
Kalshi sued the DCP a day later, arguing its event contracts “are lawful under federal law” and its platform was subject to the Commodity Futures Trading Commission’s “exclusive jurisdiction,” and filed a motion on Friday to temporarily stop the DCP’s action.
An excerpt from Kalshi’s preliminary injunction motion arguing that the DCP’s action violates federal commodities laws. Source: CourtListener
Connecticut federal court judge Vernon Oliver said in an order on Monday that the DCP must “refrain from taking enforcement action against Kalshi” as the court considers the company’s bid to temporarily stop the regulator.
The order adds that the DCP should file a response to the company by Jan. 9 and Kalshi should file further support for its motion by Jan. 30, with oral arguments for the case to be held in mid-February.
Kalshi does battle with multiple US states
Kalshi is a federally regulated designated contract maker under the CFTC and, in January, began offering contracts nationally that allow bets on the outcome of events such as sports and politics.
Its platform has become hugely popular this year and saw a record $4.54 billion monthly trading volume in November, attracting billions in investments, with Kalshi closing a $1 billion funding round earlier this month at a valuation of $11 billion.
However, multiple US state regulators have taken issue with Kalshi’s offerings, which have led to the company being embroiled in lawsuits over whether it is subject to state-level gambling laws.
Kalshi sued the New York State Gaming Commission in October after the regulator sent a cease and desist order claiming it offered a platform for sports wagering without a license.
In September, Massachusetts’ state attorney general sued Kalshi in state court, which the company asked to be tossed. So far this year, Kalshi has sued state regulators in New Jersey, Nevada, Maryland and Ohio, accusing each of regulatory overreach.
Sir Keir Starmer has called for a tougher approach to policing Europe’s borders ahead of a meeting between leaders to discuss a potential shake-up of the European Convention on Human Rights (ECHR).
The prime minister said the way in which the ECHR is interpreted in courts must be modernised, with critics long claiming the charter is a major barrier to deportations of illegal migrants.
His deputy, David Lammy, will today be in Strasbourg, France, with fellow European ministers to discuss reforms of how the agreement is interpreted in law across the continent.
In an opinion piece for The Guardian, Sir Keir and his Danish counterpart, Mette Frederiksen, said the change was necessary to prevent voters from turning to populist political opponents.
Image: Small boat crossings have risen this year. File pic: PA
What’s the issue with the ECHR?
The ECHR, which is the foundation of Britain’s Human Rights Act, includes the right to family life in its Article 8.
That is often used as grounds to prevent deportations of illegal migrants from the UK.
More on Asylum
Related Topics:
There has also been a rise in cases where Article 3 rights, prohibiting torture, were used to halt deportations over claims migrants’ healthcare needs could not be met in their home country, according to the Home Office.
The Conservatives and Reform UK have both said they would leave the ECHR if in power, while the Labour government has insisted it will remain a member of the treaty.
But Sir Keir admitted in his joint op-ed that the “current asylum framework was created for another era”.
“In a world with mass mobility, yesterday’s answers do not work. We will always protect those fleeing war and terror – but the world has changed, and asylum systems must change with it,” the two prime ministers wrote, as they push for a “modernisation of the interpretation” of the ECHR.
Please use Chrome browser for a more accessible video player
2:16
System ‘more than broken’, says asylum seeker
What is happening today?
Mr Lammy is attending an informal summit of the Council of Europe.
He is expected to say: “We must strike a careful balance between individual rights and the public’s interest.
“The definition of ‘family life’ can’t be stretched to prevent the removal of people with no right to remain in the country [and] the threshold of ‘inhuman and degrading treatment’ must be constrained to the most serious issues.”
It is understood that a political declaration signed by the gathered ministers could carry enough weight to directly influence how the European Court of Human Rights interprets the treaty.
The UK government is expected to bring forward its own legislation to change how Article 8 is interpreted in UK courts, and is also considering a re-evaluation of the threshold for Article 3 rights.
Image: David Lammy will swap Westminster for Strasbourg today
The plans have been criticised by Amnesty International UK, which described them as weakening protections.
“Human rights were never meant to be optional or reserved for comfortable and secure times. They were designed to be a compass, our conscience, when the politics of fear and division try to steer us wrong,” Steve Valdez-Symonds, the organisation’s refugee and migrant rights programme director, said.
Sir Keir’s government has already adopted several hardline immigration measures – modelled on those introduced by Ms Federiksen’s Danish government – to decrease the number of migrants crossing the Channel via small boats.
Please use Chrome browser for a more accessible video player
2:40
Beth Rigby: The two big problems with Labour’s asylum plan
Starmer-Macron deal ‘a sticking plaster’
Meanwhile, French far-right leader Jordan Bardella told The Daily Telegraph he would rewrite his country’s border policy to allow British patrol boats to push back small vessels carrying migrants into France’s waters if he were elected.
The National Rally leader called Sir Keir’s “one-in, one-out” agreement with Emmanuel Macron, which includes Britain returning illegal arrivals in exchange for accepting a matching number of legitimate asylum seekers, a “sticking plaster” and “smokescreen”.
Please use Chrome browser for a more accessible video player
4:02
Far-right, 30, and France’s most popular politician
He said that only a complete overhaul of French immigration policy would stop the Channel crossings.
Mr Bardella is currently leading in opinion polls to win the first round of France’s next presidential election, expected to happen in 2027, to replace Mr Macron.
The race for the new US Federal Reserve chair is nearing the finish line, with US President Donald Trump reportedly set to begin interviewing finalists for the top job this week.
According to a report from the Financial Times on Tuesday, Treasury Secretary Scott Bessent has presented a list of four names to the White House.
One of these is former Fed governor Kevin Warsh, whom Bessent is scheduled to meet with on Wednesday. Another is National Economic Council director Kevin Hassett, who is seen as the frontrunner for the role.
Another two names would be picked from a list of other finalists, which includes Fed governors Christopher Waller and Michelle Bowman, and BlackRock chief investment officer Rick Rieder.
Trump and Bessent are expected to hold at least one interview next week, as a decision looks likely to be announced in January.
However, Trump has revealed he already has his eye on one particular candidate.
“We’re going to be looking at a couple different people, but I have a pretty good idea of who I want,” Trump said to journalists on Air Force One on Tuesday.
Kevin Hassett is a frontrunner for Fed chair role
The upcoming round of interviews suggests that Hassett may not be the clear lock in for the role as previously thought, though he is seen as the favorite.
Earlier this month, prediction market odds on Kalshi and Polymarket shot up for Hassett significantly following comments from Trump at the White House on Dec. 2.
While welcoming guests, Trump labeled Hassett as “potential Fed chair” leading many to assume the president had let a major hint slip.
With Hassett’s odds spiking to 85% after Trump’s comments last week, they have since declined to around 73% for Hassett, while Warsh’s odds sit at 13% on Kalshi at the time of writing, which has floated around this range over December.
Regardless of who ends up taking over as chair, the move is bound to impact crypto markets under the new leadership.
If elected, Hassett has asserted that he will be apolitical in terms of running the Fed, despite his close ties to Trump. Speaking with The Wall Street Journal this week, Hassett said that “You just do the right thing” when asked if he would blindly follow orders from Trump.
“Suppose that inflation has gotten from, say, 2.5% to 4%. You can’t cut,” Hassett said, adding that he would rely on his own “judgment, which I think the president trusts.”