Auction anounsement

27.12.2023-22.5.2024

Krystyna Melnyk

The Scales. Diptych

2020-2021

ACRYLIC, PAPER

180Х120 CM

  • Auction will Start

      56

      days

      :

      19

      hours

      :

      19

      min

      :

      38

      secs

  • initial price

    Est. 0.7ETH $1.5K

Pre-mint

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the naked room

Contemporary art gallery based in Kyiv. Our work is driven by a rigorous curatorial programming and aspiration for a legitimate art market for Ukrainian artists. Founded in 2018 in Kyiv by independent curators Lizaveta German and Maria Lanko and a Swiss film director Marc Wilkins, it is focused on establishing a reasonable market appearance for up-and-coming Ukrainian artists.

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artworks

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The catalog showcases artworks in Digital Original format, preserving every nuance, from textures to strokes, ensuring unmatched quality beyond boundaries. All pieces are digitized at a maximum resolution of 400 Mpx, 32-bit of color depth and have all necessary metadata. Welcome to a limitless future at Digital Original, where authenticity meets innovation.

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Frequently Asked Questions

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  • Digital Original (DO) is a unique digital representation of a physical artwork that has undergone digitization in accordance with the Digital Original Standard. This standard employs technologies such as Digital Light Capture Technology (DLCT) and emphasizes transparency, intellectual property protection, and adherence to specific principles during the digitization process. The Digital Original is not a mere reproduction but a faithful and authentic translation of the physical artwork into the digital domain. With the integration of blockchain technology and decentralized storage, Digital Originals ensure the secure preservation, sharing, and trading of art in the digital space, ushering in a transformative paradigm for art collection and preservation.

  • Tokenization provides increased access to art, verification of the authenticity of the artwork, transparency of the history of the digital original, and a reduction in the risks and inconveniences that exist in the physical space (such as logistics and fraud). With the help of smart contracts, payments including royalties are automated, bringing convenience and benefit to the interested party from each sale. Tokenization facilitates direct global interaction between artists and audiences, and digital integration adds new possibilities to the artistic experience.

    Tokenized art has already taken over the art industry, and its market size is projected to cross $342.54 billion by 2032. With the introduction of the DO standard for digitizing and tokenizing artworks, we anticipate the gradual yet universal adoption of these new digital assets among art institutions. 

  • The process of turning a physical work of art into a digital original usually consists of the following main steps:

    • Due Diligence: At this stage, we verify who owns the artwork, negotiate contract terms, and prepare documentation.
    • Digitization: Using DLCT technology, we capture even the smallest details, such as brush strokes, and turn your work into a digital PNG file. We also provide guidance and licensing to organizations that wish to adopt the DLCT digitization standard and be able to do the digitization themselves.
    • Minting: At this point, artwork owners have two options: either provide the necessary information and let our team handle the tokenization process, or mint the tokens themselves and let us make sure everything is done correctly. In both cases, the digital originals of the work will be recorded and stored on the blockchain. From now on, issuers will be able to display and sell digital originals on our platform.
  • To fund your cryptocurrency wallet, you need to follow these general steps:

    1. Log in to your cryptocurrency wallet and ensure that you are connected to the Ethereum mainnet if you wish to receive funds. Check your wallet balance.

    2. If your wallet balance is insufficient, you can fund it by purchasing cryptocurrency on an exchange and then transferring it to your Ethereum wallet. Ensure that your address is correctly entered, as blockchain transactions are irreversible. Some wallets may also offer the option to buy cryptocurrency within the wallet application.

    3. Blockchain transactions require confirmations. Be patient and wait for the transaction to be confirmed. You can track the progress on the blockchain explorer.

    4. Check your balance after funding your wallet.

    Remember to keep your MetaMask wallet's seed phrase secure and never share it with anyone. If someone gains access to your seed phrase, they can control your wallet and access your funds.