Spotlight on NFTs Web3 during Miami Art week +RE-SENDING WITH CORRECTION+

(6 Dec 2022) +RE-SENDING TO CORRECT NAME OF INTERVIEWEE+ US NFTS SOURCE: ASSOCIATED PRESS RESTRICTION SUMMARY: LENGTH: 4:44 ASSOCIATED PRESS Miami, Florida – 2 December 2022 1. Laser cutting artwork to create NFT 2. Wide of NFT creation presentation 3. Close of laser 4. Wide of presentation 5. Laser and artwork 6. SOUNDBITE (English) Sebastian Wain, cofounder of Sublimart: "In this project what we are doing is to scan a physical artwork in 5D so you have a very high resolution of the artwork, and it can be reproduced digitally with a lot of resolution and different angles. We perceive different colors, transparencies, etc., which with a normal scanner you cannot do that. And then we cut the physical artwork with a specific cryptographic trace that shows that the physical artwork does not exist anymore. And then we create an NFT connected with these traces. So the owner of the NFT knows that he or she have a unique artwork." 7. Cut pieces of artwork 8. Wide of cut pieces of artwork 9. Visitors in virtual reality headsets 10. Close of Headset 11. SOUNDBITE (English) Barry Fellman, director of the Center for Visual Communication: "It (NFT technology) allows a much wider audience to access art through the digital means, whether it's a head mounted display, through their computer screen, through their phone, and with now stereoscopic projection and stereoscopic applications on phones, it really allows you to experience the physical artwork in a way that's never been before possible in the digital realm." 12. Visitor putting on headset 13. Visitors walking in headsets 14. SOUNDBITE (English) Lee Pan, exhibition visitor: "As you walk through the gallery the artwork changes and each artwork is very high resolution replication images of the artwork that was captured appears to be. So it's a good high quality experience." 15. Visitor walking 16. Downtown Miami street hosting the Gateway festival 17. Festival sign 18. People under Instagram sign 19. SOUNDBITE (English) Albert Maloof Berdellans III, producer for Gateway festival: "So our vision is for the Flagler District of downtown Miami to be the tech hub of Latin America. And following our mayor's lead pushing web3 technology, what we thought would make more sense was, rather than trying to attract legacy technology brands that already have a home somewhere else, maybe San Francisco or New York, instead, we are trying to incubate a neighborhood for a newly rising type of technology in the web3 world." 20. Hanging artwork 21. SOUNDBITE (English) Albert Maloof Berdellans III, producer for Gateway festival: "We're the last generation that won't have digital ownership from day one. So the idea is that we want to showcase the best possible use cases in an exhibition format of how web3 technologies can actually positively impact people's lives in various areas like fashion, art, gaming, even cars." 22. Sneakers display on street 23. Close of sneakers 24. Various of visitors looking at artworks 25. Wide of stage of festival 26. Visitors 27. Artwork 28. Sign about collaboration with Christie's 29. Visitor taking picture 30. Visitor observing art LEAD IN: A group of artists from Argentina have come up with a new way to sell digital art through NFTs. During Miami Art week the artists presented the Sublimart Machine and gave visitors virtual reality headsets to observe the scanned artworks in a virtual gallery. STORYLINE: At the Center for Visual Communication in Miami, a group of Argentinean artists presented a new machine for the scanning and creation of NFTs (non-fungible tokens) based on physical artworks. ==== Find out more about AP Archive: http://www.aparchive.com/HowWeWork Twitter: https://twitter.com/AP_Archive Facebook: https://www.facebook.com/APArchives ​​ Instagram: https://www.instagram.com/APNews/ You can license this story through AP Archive: http://www.aparchive.com/metadata/you...