M○C△ WEEKLY 3/3

*Links to all the news you need to know*

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Your M○C△ Weekly Round-Up

Crypto Art

• The Blockchain Was Invented for NFTs Not Currency (RightClickSave)

• Next Up: Fingacode Brings Cameroonian Flavor and Flair to Generative Art (NFTNow)

• Morrow Collective Opens {R(Evolutionaries);} at ArtDubai

• SuperRare Introduces New Profiles and Redesigned UI

Metaverse

• Polygonal Mind and Yuga Labs successfully transformed Bored Ape Yacht Club NFT Collection into 3D Avatars for Otherside Metaverse (Polygonal Mind)

• Scientists use WiFi signals to track human movement for the metaverse (CoinTelegraph)

• Nokia Aims for Metaverse Expansion in 2030 Strategy (CryptoNews)

• Meta Rebuffed Google Proposal for a VR and AR Tie-Up (The Information)

AI

• Willy Wonka Experience Promoted Using Suspected AI Art Was So Bad That Customers Called the Police (IGN)

• The 4,700-Artist AI Controversy: Artists Accuse Midjourney And Other AI Firms Of Unauthorized Use In Lawsuit (Yahoo Finance)

• Wizards of the Coast admits using AI art after banning AI art (Polygon)

• AI could help replicate smells in danger of being lost to history (New Scientist)

• Elon Musk sues OpenAI for abandoning original mission for profit (Reuters)

Institutional Stuff

• Sound Art Gets a High-Tech Spin in MoMA and Feral File’s New Online Exhibition (ArtNet)

• CryptoPunk#3100 Receives a Bid of 4250 ETH (CryptoPunk)

  

  CryptoPunk #3100 (2017), by Larva Labs. Owned by 0x7b89

• At Art Dubai, Collectors Are Buying But ‘Cautious’ (ArtNet)

• The Curious Case of the 222 Other Artists Who Just Landed on the Moon Who Are Not Jeff Koons (ArtNet)

Finance

• Vanguard CEO Tim Buckley to retire after 33 years at $8.7 trillion investment giant (Fortune)

• Bitcoin firm MicroStrategy pops 27% in two days as company’s crypto stake hits $11 billion (CNBC)

• Trading Platform Robinhood, Layer-2 Arbitrum Team Up To Offer Swaps To Users (Coindesk)

• AI boom makes Nvidia third US stock to close above $2tn valuation (Financial Times)

Tweet of the Week

@LilMoonLambo is the Tweet; and here is the Tweet

Art From M○C△’s Collection

Polegonardo Charlie (2020), by DADAGAN. In MOCA Genesis Collection

Art in the Wild

AN INEFFABLE AUCTION IN THE PLANE OF SPIRITS AND IDEALIZED FORMS (HELL) (2024), by Andrés Zighelboim. Oil on panel. As of yet unminted.

Traditional Art Banger

Tree, large blue sponge (SE 71) (1962), by Yves Klein. Pure pigment and synthetic resin on sponge and plaster.

Quote of the Week

“Deep in the human unconscious is a pervasive need for a logical universe that makes sense. But the real universe is always one step beyond logic.”
― Frank Herbert, Dune

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