Imagine if a few years ago you woke up to the news that someone paid more than one million dollars for three plots of digital land next to famed rapper Snoop Dogg’s digital mansion. You’d probably ask yourself, “What is digital real estate, and why would someone pay for that?” Over the past year, there’s been a rush to buy properties, art, and land- but all of it exists in a virtual world called the metaverse. Although this world existed long before the pandemic, lockdowns propelled the online world to a new level, catching the attention of private buyers and brokerages alike who began to funnel tier money into this augmented reality. But how did this world emerge, what does the future hold, and can anyone join the virtual world?
OMA / Shohei Shigematsu Creates NFTs of ReefLine Underwater Sculpture
OMA / Shohei Shigematsu, together with artists Charlotte Taylor and Nicholas Préaud, created a series of NFTs inspired by an underwater sculpture designed for the ReefLine project. Commissioned by Aorist for its climate-forward NFT marketplace, the video NFT Coral Arena unfolds a virtual narrative of the monument, simulating the evolution of the future physical artwork from an abstract object to being the support of an underwater ecosystem. The NFTs were unveiled during Miami Art Week, and proceeds from their sale will be donated for the completion of the ReefLine project.
Zaha Hadid Architects Presents Virtual Gallery Exploring Architecture, NFT's, and the Metaverse
Zaha Hadid Architects have presented "NFTism", a virtual art gallery at Art Basel Miami that explores architecture and social interaction in the metaverse. The gallery features spatial designs created by ZHA that focus on user experience, social interaction, and "dramaturgical" compositions, combined with MMO (massively multiplayer online game) and interaction technological services.
Architecting the Metaverse
You might have heard that Mark Zuckerberg wants Facebook to become a Metaverse Company, and earlier this year, Epic Games, the company that develops the Unreal Engine announced that it completed a 1 billion round of funding to support the long-term vision for the metaverse. Metaverse is definitely the hottest buzzword in the tech scene. In this article, we will briefly discuss what is Metaverse, who will build it, and most importantly why it matters for architects, and how can designers play a significant role in this upcoming digital economy?
What Is NFT Architecture and How Is It Different from Regular 3D Models?
Imagine yourself welcoming your colleagues to a business meeting at your home. The table is set next to the infinity pool, under the shadow of a huge curved metal structure reminiscent of Zaha Hadid's most audacious designs except for the complete absence of pillars. Hovering in the air, the roof completes an idyllic setting for this mansion on a rocky hillside. The house was recently acquired as an NFT and is digitally accessed via encrypted code. That's right, this is your virtual home. The physical one is a small 40m2 apartment in the center of one of the busiest and most polluted cities in the global south.
Mars House, First Digital Home to be Sold on the NFT Marketplace
Mars House designed in May 2020 by Artist Krista Kim, has become the first sold digital NFT home in the world. The 3D digital file that can be experienced in virtual reality, was just acquired. Rendered using Unreal Engine, a software used to create video games, the house can be experienced in VR, but could also be experienced through augmented reality (AR) environment in apps. A structure comprised of light, Mars House generates a healing atmosphere, with a musical accompaniment by Jeff Schroeder of The Smashing Pumpkins.