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20 Mar 2021, Rariable.com.
Image: Detail of Gateway, 2021, Digital image bound as nonfungible token.
As we begin our transition out of a global pandemic it is becoming apparent that the world has changed and the way societies are operating within these new norms are also changing. One of the most obvious examples is the normalisation of cryptocurrencies that have evolved from mathematical curiosities into fully fledged financial ecosystems.
Change is the only constant in life - Heraclitus, 500BC.
A curious development in this new digital ecosystem is the non-fungible token (NFT). NFTs may have the potential to record the history and provenance of an artists work for its entire life while preventing unauthorised modification or erasure of that history. Proof of provenance is a difficult subject, but there maybe something here that seeds a solution to this challenging problem in the future.
To experiment with this emerging technology Eric has minted a NFT work ‘Gateway’ representing this inflection point, a time where change is upon us, but without any certainty as to what the future holds.
The NFT can be viewed here.
Eric’s Rarible address is 0x351957204f1ff704209998ccee36cbfbabb4a01e .