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moma cryptopunks chromie squiggles acquisitions 1234768035

The Museum of Modern Art (MoMA) in New York has acquired eight CryptoPunks and eight Chromie Squiggles for its permanent collection, donated by multiple collectors including ARTnews Top 200 Collector Ryan Zurrer and others. The works, both generative NFT projects on the Ethereum blockchain, were added through MoMA's Media and Performance department and will be displayed alongside new media art. CryptoPunks, launched by Larva Labs in 2017, are considered the first major NFT collection, while Chromie Squiggles were created by Erick Calderon (Snowfro) as the first project on ArtBlocks.

what is reference baiting art market 2732751

At Art Basel Miami Beach 2025, the art market showed a strong turn toward historical references, with galleries like Gagosian featuring Jeff Koons' antique-inspired sculptures and Takashi Murakami's reproductions of Cézanne and Van Gogh. The new Zero 10 sector, named after a 1915 Malevich exhibition, highlighted digital artists such as Beeple and Larva Labs. This trend reflects a broader "flight to quality" in an uncertain market, where collectors seek reassurance by associating emerging or overlooked artists with established historical names.

New tech and old names drive sales at Art Basel Miami Beach

Art Basel Miami Beach (ABMB) saw strong sales and a cautiously optimistic mood, with Pace gallery reporting nearly $5 million in sales including a $1.1 million Sam Gilliam painting. The fair debuted a new digital art section, Zero 10, where a Beeple installation of robotic dogs excreting NFTs sold out within five hours for $1 million total, and generative art from Larva Labs sold for up to $45,000 each. However, the opening day crowd was thinner than in past years, and about 20 galleries did not return, replaced by a record 48 new exhibitors. Dealers noted a slower, quieter pace, with buyers more cautious than during the indulgent pre-pandemic era.

At Art Basel Miami Beach, a new space reimagines art in the digital age

Art Basel Miami Beach will debut a new curated space called Zero 10, dedicated to digital and new media art, at its upcoming fair in the Miami Beach Convention Center. The centerpiece is an interactive installation by American artist Beeple featuring robot dogs with human heads modeled after public figures like Andy Warhol, Jeff Bezos, and Elon Musk, which will photograph fairgoers and offer NFTs. The space, curated by Eli Scheinman, includes works by pioneers such as Manfred Mohr and Larva Labs, alongside galleries like Pace Gallery and platforms like Art Blocks, exploring themes of AI, robotics, and generative systems. The name references Kazimir Malevich's 1915 exhibition '0,10', signaling a push into new artistic terrain.