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‘Emergency’: Wikipedia Editors Vote Against Classifying NFTs as Art

An erudition of editors on Wikipedia—a free user-generated encyclopedia—decided against designating nonfungible tokens (NFT) as a form of art and agreed to put the...
‘Emergency’: Wikipedia Editors Vote Against Classifying NFTs as Art ‘Emergency’: Wikipedia Editors Vote Against Classifying NFTs as Art

An erudition of editors on Wikipedia—a free user-generated encyclopedia—decided against designating nonfungible tokens (NFT) as a form of art and agreed to put the matter on hold until later.

At the end of December, a poll and discussion on the platform centered on the priciest art sales by living artists, as well as whether nonfungible tokenized (NFT) art sales should be classified as "art sales" or "NFT sales."

According to Jonas, an editor on the encyclopedia,

"Wikipedia really can't be in the business of deciding what counts as art or not, which is why putting NFTs, art or not, in their own list makes things a lot simpler."
Much of the debate focused on whether an NFT reflected the art or was only a token apart from the underlying art. The editors were split on the definitions, with some believing that there was a lack of credible data to draw conclusions.

In a poll, five editors said they were against adding NFTs in art sales, while only one said they were in favor. So on Wednesday, a decision was reached to remove sales like Pak's $91 million NFT collection and Beeple's $69 million NFT off the top art sales list and revive the debate at a later date.

Also Read: Custom Pipe-Maker, Jerome Baker Designs, Introduces Bongs as Tokens

When looking at Beeple's "Everyday: The First 5000 Days" NFT, which exhibits a collage of unique artworks from a known digital artist and sold at the prominent Christie's art auction house last year in March, the decision appears debatable. However, Beeple was also dubbed the "third highest-selling artist" alive at the time by the New York Times.

According to Wikipedia's standards, a consensus does not require unanimity or a vote. Instead, the group must consider that all reasonable issues raised by participating editors conform with the platform's regulations to reach a judgment.

However, this consensus does not augur well with some recognized figures in the NFT world. For example, Duncan Cock Foster, twin brother to Nifty Gateway's co-founder, labels this development as an "Art Emergency."

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27-01-2022 18:31:04 (UTC+7)

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 EUR/USD1.1144↑ Sell
 GBP/USD1.3387Neutral
 USD/JPY115.38↑ Buy
 AUD/USD0.7039Neutral
 USD/CAD1.2736↑ Sell
 EUR/JPY128.57↑ Buy
 EUR/CHF1.0375↑ Buy
 Gold1,796.70↑ Buy
 Silver22.795↑ Buy
 Copper4.4280↑ Buy
 Crude Oil WTI87.44↑ Buy
 Brent Oil88.84↑ Buy
 Natural Gas4.319Buy
 US Coffee C231.78Buy
 Euro Stoxx 504,184.97↑ Buy
 S&P 5004,326.50↑ Sell
 DAX15,524.27↑ Buy
 FTSE 1007,554.31↑ Buy
 Hang Seng23,807.00↑ Buy
 Small Cap 20001,932.23Neutral
 IBEX 358,706.00↑ Buy
 BASF68.450↑ Sell
 Bayer52.58↑ Sell
 Allianz228.70↑ Sell
 Adidas242.15↑ Sell
 Lufthansa7.045↑ Sell
 Siemens AG140.50↑ Sell
 Deutsche Bank AG11.920↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,195/ 6,235
(0/ 0) # 1,263
SJC HCM6,195/ 6,255
(0/ 0) # 1,284
SJC Hanoi6,195/ 6,257
(0/ 0) # 1,286
SJC Danang6,195/ 6,257
(0/ 0) # 1,286
SJC Nhatrang6,195/ 6,257
(0/ 0) # 1,286
SJC Cantho6,195/ 6,257
(0/ 0) # 1,286
Cập nhật 27-01-2022 18:31:06
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E5 RON 92-II2359024060
DO 0.05S1890019270
DO 0,001S-V1925019630
Dầu hỏa1779018140
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WTI$87.44+0.820.94%
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$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.470,0022.780,00
EUR24.775,4326.164,36
GBP29.663,4530.930,27
JPY191,46202,68
KRW16,2819,84
Cập nhật lúc 06:26:27 28/01/2022
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