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NFT artwork
Fred Forest, NFT-Archeology 
 

The Fondation Cartier pour l’art contemporain announces the sale of NFT-Archeology, a NFT created by artist Fred Forest, twenty-five years after the auction at the Hôtel Drouot, a world premiere, of his online digital work, Parcelle/Réseau, whose file has been slightly modified here and exists under the name NFT-Archeology. 

Fred Forest will present NFT-Archeology live on the Fondation Cartier Instagram account on Tuesday June 15 at 6pm (Paris) 

A pioneer of multimedia art, Fred Forest is the author of the first interactive virtual environments. He is known for his remote actions and the development of an aesthetics of communication. Early on as an artist, he questioned communication information systems and based his work on the use of new media, which he proposes as an institutional and social critique on the very nature of art.  

At a time when NFTs (non-fungible tokens) have challenged the art market and the very definition of an artwork, Fred Forest presents the NFT of his work Parcelle/Réseau, rebaptized NFT-Archeology.  Put on sale in 1996, during the first public auction of a digital artwork, Parcelle/Réseau is a virtual object that can be accessed by means of a code. “This work is available exclusively online by means of a secret code, with which you can look it as often as you want,” explains the artist.  A primitive version of a NFT designed in 2008 before the Blockchain era, this work was lost following the destruction of its owner’s computer. In typical provocative style, the artist reproduced and transformed the work based on his artist’s copy and sold it for a total of 69.3 million dollars + 1 dollar, one dollar more than Everydays by Beeple, the world’s most expensive digital artwork to date.

A painting underpinning the creation of the work and a personal letter by the author to the future owner of the digital artwork complete this NFT.  

By this performative sale, Fred Forest demonstrates his commitment to a more ethical form of art and questions the changes brought about by the development of technology on the economic and social spheres, as well as on our relationship to the world and to others.  

The sale will take place via the OpenSea platform and a percentage of the sale will be donated to a number of associative structures. For the first time in NFT history, NFT-Archeology will benefit from a security protocol called “S-NFT” (Signed-NFT), developed by the company known as Caelum Labs. This protocol makes it possible to integrate, within the NFT, a digital certificate that authenticates the author of the work and guarantees its proper execution. The procedure (including the work and the certificate) will be verified by a bailiff prior to the sale.
More information about this protocol can be found on 

https://nft-archeology.org/


Fred Forest (b. 1933 in Mascara, Algeria) is a French artist who lives and works in Paris. Professor emeritus at the university of Paris Sorbonne, he is the co-founder of two historic art movements: the Sociological Art Collective (1974) and the Aesthetics of Communication with Mario Costa (1983).  An art theorist, he is also the author of a dozen or so publications. His works have been presented in both French and international institutions such as MoMA (2011), Jeu de Paume (2015) and the Centre Pompidou (2017). On the initiative of L’Ina, the entirety of his work entered the national heritage collections in 2004, as a legal deposit, where three hundred of his video works can now be consulted. 
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Contact
Matthieu Simonnet
Responsable des relations presse
Tél. + 33 (0)1 42 18 56 77 | Mob. + 33 (0)6 74 86 28 85
matthieu.simonnet@fondation.cartier.com
 
Sophie Lawani-Wesley
Attachée de presse
Tél. 33 (0)1 42 18 56 65 | Mob. + 33 (0)6 43 51 30 40
sophie.lawani-wesley@fondation.cartier.com

 

 

 

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Buy an $69.3 million + $1 NFT-Archeology to a french artist

(unique work)

For the anniversary year of its 25 years...

In 1996 - In the photo, the auctioneer, Jean-Claude Binoche, presents the envelope of the artist at the Hotel Drouot, Fred Forest, containing the secret code allowing the only buyer to access his work "Parcelle / Réseau" online.

In 2002, the company n@rt, which owned the work, was forced to throw in the towel. According to Bruno Chabannes, one of the two people in charge of the company, the work, Parcelle/Réseau, was seized by bailiffs along with the company's computers and furniture... This adds an additional value to the incredible legend of this exceptional work. The artist having kept a copy of the original file in his possession, as is customary.

In 2021 - From the initial computer file, slightly modified, but applying a similar protocol, Fred Forest, proposes today a brand new work: "NFT-archeology". A work, which he puts on sale according to a codified and certified protocol, of which he considers to have the paternity on all the NFT already created and to come, because of the anteriority of his concept. The use of the blokchain guarantees since its creation, its durability as its inviolability.

$69.3 million + $1  

-A brand 

 new NFT put up for sale by Fred Forest!

-A sale by mutual agreement...

The sale by mutual agreement qualifies the transmission of a right or an asset by the effect of the free manifestation of the wills of the parties. In other words, it is carried out without intermediary and is opposed to the forced sale (public sale) or by auction. 

 

Its name: NFT-Archeology

 

Three historical key assets:
1 -Anteriority precedence of its digital image over all NFT images produced to date.
2 -Associated in its sale with the painting that inspired it and that is an integral part of the proposed NFT.
3 -Accompanied by a personal and sealed letter from the artist to the buyer of NFT Archeology
 


The three elements which constitute the work were the subject at the time of their setting on line of a control by Maître Rémi CHAVAUDRET -  SCP Rémi CHAVAUDRET & Renaud CASTALAN Huissier associé 33 galerie Vero Dodat 75001 PARIS.

Only one of the three elements is visible on line on OpenSea. 

The NFT will be offered for sale at a price of sixty-nine million three hundred thousand dollars +1$ (the most expensive digital work in the world to date) to which the buyer will have to add an extra dollar to be able to own.  

-The time of the sale is indefinite. The work will be available for sale for a few seconds, minutes, hours, days, weeks, months or years, depending on the goodwill of the artist and the potential buyers.

-If it should happen that during the time of this sale, another work is acquired - in the form of an NFT - at a higher amount than the most expensive work in the world today, the "NFT Archeology" will then be priced at this new amount; + 1 dollar.

The NFT Archeology is non-negotiable and any collector will be required to show proof of a security deposit in one of their banks prior to entering into purchase discussions. 

- The only person authorized to receive purchase orders is the artist himself

-The artist who intends to control the sale, without intermediary, can withdraw the work at any time, and take it back if he feels like it. 

-Note, a redistribution of part of the amount of the sale will be distributed to the benefit of associations, a foundation or other projects with a citizen dimension is under consideration.  (during his last action) "The invisible banana" Forest has made benefit the product of his sale, that is to say 15000 dollars to an association of artist in difficulties.

https://www.mainsdoeuvres.org/PETITION-Fred-Forest.html

The buyer of this work "NFT Archeology" will also have the opportunity to be an integral part of the History of Art, at this historical moment when the market under the double action of the NFTs and the generalization of the on-line sales is confronted with drastic transformations which play inevitably with the development of technologies, accelerated by the Covid-19 on the economy, the social and the human relations, for a more ethical art. Fred Forest will have had to wait patiently 25 years to see opening for him this moment so ardently wished.

See this text on line since 26 years, baptized by the artist, true prophet of the Net, "Commerce of the art new market of the virtual".

https://nft-archeology.org/blogs/news/art-trading-a-new-virtual-market

Gallerie Pierre-Nouvion:

http://fcanarelli.free.fr/Pierre-Nouvion.html