<\/p>\n
The platform is supported by Opensea and will debut in Miami before heading overseas next year.<\/p>\n
Despite the NFT market’s woes<\/a>, digital art continues to expand its footprint in the modern art space, with Art Basel announcing the launch of its new curated digital art platform, Zero 10<\/a>.<\/p>\n Zero 10 will \u201cunite leading and next-generation participants \u2014 artists, studios, galleries, and digital innovators \u2014 with Art Basel\u2019s global framework of curatorial excellence and market access\u201d and will debut at Art Basel in Miami before expanding overseas in 2026.\u201d<\/p>\n The release was careful to avoid using the term \u201cNFT,\u201d but the exhibit\u2019s debut collection will feature art from NFT-native platforms such as Art Blocks, Fellowship, Beeple Studios, and Pace. <\/p>\n Eli Scheinman, who formerly worked in the digital art teams at Proof and Yuga Labs, will serve as a curator and advisor to Art Basel. <\/p>\n \u201cExcited to announce the launch of ‘Zero 10’, a new global, multi-year initiative for art of the digital era at Art Basel\u2026This will be central to the Miami Beach fair experience and its 100,000 attendees and 10,000 onsite collectors,\u201d Scheinman said<\/a>.<\/p>\n Alongside the announcement, Scheinman teased new works from the \u201cwho\u2019s who\u201d of digital art, including Larva Labs, XCOPY, Beeple, Tyler Hobbs, and Dimitri Cherniak.<\/p>\n While digital art collectors are excited to see the ecosystem take the next step forward, new and legacy NFT collections continue to struggle.<\/p>\n On Oct. 10, Larva Labs, the artists behind Cryptopunks, released their first unique set in years as Art Blocks’ final curated collection, dubbed Quine<\/a>. Quine commanded huge volumes at auction, and the sale closed at 7.56 ETH, or $31,000 at the time.<\/p>\n However, Quine has struggled to hold its mint price and currently trades at 3.75 ETH, or $12,450. While the collection is down roughly 50% in ETH terms, the market\u2019s downturn has pushed its fiat value down further.<\/p>\n