A $512,000 virtual Mars House by 3D artist Krista Kim

As interest in virtual design continues to grow, Toronto-based artist Krista Kim sold the first NFT-backed digital home for over half a million dollars. Named Mars House, the digital home designed by Kim was sold on non-fungible token (NFT) marketplace SuperRare for 288 Ether ($512,000), a cryptocurrency similar to Bitcoin. The crazy hunger for this new, lucrative form of “art”  pushes prices up and hypes up the intrest in NFT in general. SuperRare described it as “the first NFT digital house in the world”.

But there are, as with every hyped trend, many opposite voice from the design & architecture scene as people criticise this type of work as ‘ like an end of term project done by a 1st year animation school student’ or as a  ‘sloppy banal 3D work’. Reactions like “Omg my minecraft house is better than this”, or “Awful graphics. It looks like an amateur project for the 1st first year of 3D school. Some people have more money than sense” are omnipresent.

Up to you to make up your mind about this growing movement of digital artwork and the expansion towards the Metaverse, where you actually will be showcasing your newly purchased NFT’s to your virtual palls. In the future, yes.

I just showcast interesting trend signals, worth knowing about, without judgement or appreciation. As a trend analyst, you document, research and point out what is happening in the sub cultures in order to understand why this is happening today, what are the forces that push these trends forward and what is the reaction of us, humans on these  events.

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Book Kate Stockman as a strategic & innovation coach to lead and inspire your team, to provide clear & bold direction on what your business needs – short-term and long-term – and to keep track of your next generation of clients.

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Mail Kate: hello@katestockman.com
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Kate Stockman is a KMO_Portefeuille Certified Strategy Consultant. Registration number: DV.A240902. If you want to know more about this service, please send her an e-mail.

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