Architecture NFTArchitecture projects and media minted as Non Fungible Tokens (NFT), a new world of opportunities for architects.
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The rights to reconstruct Kisho Kurokawa's iconic Nakagin Capsule Tower are currently sold on one of the largest NFT sites. While the tower’s demolition has begun earlier this year, the auction sells the right to rebuild the structure, in both the metaverse and in real space. The idea of recreating the Metabolic building in a virtual space seems natural. It could allow a larger community to explore an iconic piece of architecture and encourage them to experiment with it, an initiative in line with Metabolist ideals. On the other hand, the idea of reconstructing a demolished historical building in the physical world raises a different set of conflicting emotions. Architectural replicas are not the norm, but their existence raises questions regarding the identity and authenticity of works of architecture.

The promise of the metaverse, this new type of three-dimensional and immersive digital space, is proving to become more and more appealing to architects eager to explore the new realm of virtual creations. As it currently stands, the metaverse does not have a singular definition but is composed of many narratives and explorations. This unknown land is however fruitful ground for architects, who have to opportunity to shape not only the new environment but also the experiences of future users. The SOLIDS project represents one response to these conditions. Developed by FAR, an architect and engineer working with digital environments, SOLIDS uses a generative process to design unique, metaverse-compatible buildings.

A developer in NYC purchased the first-ever non-fungible token (NFT) Office building in New York City. "Located" at 44 West 37th Street, the 4700 square meters NFT serves as an immutable digital asset that points to transforming how we design, build, operate, and monetize our spaces with only "one-click". The 16-story building was created by spatial intelligence company Integrated Projects and questions the function of architecture in Real Estate and the Metaverse.

MetaMundo has launched its second three-dimensional NFT, an ocean-adjacent villa, complete with an NFT gallery, meditation pavilions, and entertaining areas. The structure was designed by American architect and hybrid-creative Luis Fernandez to become an immersive space for meeting, playing, and relaxing. Through this project, the architect aims to explore the changing paradigm of building in the metaverse. As laws of physics become irrelevant and materials are reduced to surface images, he asks the question what will architecture mean for the metaverse, how will we experience it and how will we use it?

Japanese digital consultancy Gluon plans to preserve the Nakagin Capsule Tower Building in Tokyo, one of the most representative examples of Japanese Metabolism by Kisho Kurokawa. The “3D Digital Archive Project” is using a combination of measurement techniques to record the iconic building in three dimensions and recreate it in the metaverse. The tower is currently being demolished due to the structure's precarious state and incompatibility with current seismic standards, as well as the general state of decay and lack of maintenance.

The Alexander Team and metaverse real estate development firm Everyrealm, have announced the launch of "The Row", a private, members-only metaverse real estate community featuring architecture designed by world-renowned artists. The Row will be launched on the metaverse world-building platform Mona, and will feature limited-edition series of 30 3D architectural landmarks, each sold as a 1-of-1 non-fungible token (NFT) designed by artists including Daniel Arsham, Misha Kahn, Andrés Reisinger, Alexis Christodoulou, Six N. Five, and Hard.

We are still at the dawn of the Metaverse, the next wave of the Internet. The current “mainstream” Metaverse platforms serve as experimental containers to host the wildest dreams of virtual worlds where we are supposed to unleash the imagination. However, from a spatial design perspective, they have so far been lame and ordinary. Without the constraints in the physical world, how do we draft the urban blueprints in the metaverse? I believe metaverse planners can find inspiration from Italo Calvino’s Invisible Cities, in which he revealed a poetic and mathematical approach to “urban planning” in the imaginary worlds.

The digitisation of architecture and design projects has been going on for some time now and has increased even more, largely due to the global pandemic. To hear talk of the metaverse, the NFT or the digital twins seems to be commonplace at this time, when the digital economy is booming and where architects and designers who seek to move from the physical world to the virtual world are beginning to proliferate. But will virtuality be the future of architectural visualisation?

Metaverse is the name used to name an immersive, collective and hyper-realistic virtual environment, where people will be able to live together using 3D customized avatars.

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This week for the final Archdaily roundtable host Sara Kolata is being joined by Zaha Hadid Architects Principal Patrik Schumacher, Founder of the Techism Movement Krista Kim and an award-winning Hollywood and Silicon Valley media executive Joanna Popper to discuss ways Architects can benefit and profit from new digital opportunities in the Metaverse.

To sign up for full training offered by top architecture practices on the topic of Business of Architecture go to Disrupt Symposium Website: https://www.disruptsymposium.com/

Digital realms quickly become more and more real as people adopt Blockchain technology for finance and the creation of trust-based ledgers that remove

Michael Beneville opened his studio in the Flatiron district of New York City a decade ago. The renovated two-floor office has 20-foot-high ceilings, custom furniture, and a wall of arched windows that look out onto 19th Street. Beneville and his team haven’t been inside the studio together on a regular basis for months—at least not physically. The employees of the small creative studio, known for its design work on immersive experiences like Las Vegas’s mega–entertainment complex AREA15, are scattered across the country due to the pandemic, but they regularly gather in a virtual replica of the studio for meetings, sitting around a digital table, their avatars carrying digital cups of coffee.

Over the past year, NFTs have entered the realm of architecture, prompting conversations over the role of the profession in the future digital economy. From the design of digital real-estate to exhibitions and architecture events exploring its value for the practice and established architecture firms embracing the new medium, NFTs have been embraced by the profession as the promise of a new form of creative production. Discover a round-up of architecture's experiments with NFTs so far, together with a series of Archdaily articles shedding light on the topic.

Nike recently acquired RTFKT, a design studio that was founded in Jan 2020, and is known for its virtual “metaverse-ready sneakers and collectibles”. Metaverse land purchases are making headlines with multi-million dollar price tags. We’ve also seen mainstream adoption for NFT art this year and the sales are expected to surge to $17.7 billion by the end of 2021.

Due to unexpected circumstances, The Tallinn Architecture Biennale announced a new winning proposal for its Installation Programme Competition: Fungible Non-Fungible Pavilion by iheartblob, a new "decentralized and systematic" approach towards architectural design which allows the community to be both designers and investors, contributing to a structure that evolves over time. TAB 2022 will take place during September – October 2022, with the opening week on the 7th–11th of September.