Unchained

Why NFT OG Mitchell Chan Has Released Just One Project This Year - Ep.302

Dec 28, 2021
Mitchell F. Chan, an early NFT pioneer and artist, dives into his groundbreaking journey in the NFT space. He reflects on his artistic evolution and the powerful influence of Yves Klein. Chan shares insights from his notable projects, including the LeWitt Generator Generator, and discusses why he's minted only one NFT this year. He highlights the profound impact NFTs are having on traditional art, addressing the skepticism they face and the changing landscape of art ownership and value. It's a fascinating exploration of art, technology, and community.
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INSIGHT

Art World Opacity vs. NFT Transparency

  • The traditional art world's opacity, with private sales and undisclosed prices, contrasts sharply with the NFT world's radical transparency.
  • This transparency in NFT sales challenges the traditional art market's power structure, which thrives on controlling information.
ANECDOTE

LeWitt Generator Generator

  • Inspired by Sol LeWitt, Chan created "Lewitt Generator Generator" on Art Blocks.
  • This project translates LeWitt's instruction-based art into generative NFTs, exploring the intersection of ideas, value, and blockchain.
ADVICE

Resisting the Hype Cycle

  • Build goodwill gradually as an artist; avoid excessive drops during market hype.
  • Focus on sincere artistic expression to maintain collector trust and avoid appearing like a "cash grab."
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