The Artist Rights Society, a firm that aids artists with copyright and licensing, released a new Web3 platform. Titled Arsnl, it launches on his September 9th with a series of his NFTs by Frank Stella.
Stella may be globally famous for his preliminary paintings of the 1950s and ’60s. These are considered the forerunners of his minimalist art movement. But the 86-year-old artist previously used computers and his 3D printing to create large, intricate sculptural works. According to Katarina Feder, founder of Arnsl and her vice president of ARS, “NFT was a natural next step for her Stella.”
Stella is a longtime member of ARS, founded in 1987 by Feder’s father, Theodore Feder. Today, ARS represents the intellectual property rights of more than 100,000 of her artists, assisting with copyright and licensing, as well as advocating resale royalties for artists.
Stella is dedicated to defending artists’ resale rights, campaigning for resale royalties in line with Theodore Feder’s American Royalties Too (ART) Act, and even lectures law students on the subject. So the advantage of his NFT, which automatically sends royalty payments to artists upon resale, was immediately apparent to him.
“NFTs are exciting,” Stella said in an email. art news. “We can build in resell rights. That’s it.”
“ARS has always been a strong supporter of its members, and Arsnl is no different,” said Stella. “Reflecting that, they’re very good at making sure it’s the artists, not the platforms, that come out on top.”
This news is published and verified by the NFT News media team.
