What happens when you take a creative artistic tech entrepreneur and mix it with the future? You get Bright Moments. Bright Moments is an NFT art gallery that began in Venice, CA, and recently opened a second gallery in NYC.
NFT is defined in Wikipedia as a non-fungible token that is a unique and non-interchangeable unit of data stored on a digital ledger. NFTs can be used to represent easily reproducible items such as photos, videos, audio, and other types of digital files as unique items and use blockchain technology to establish a verified and public proof of ownership.
First and foremost, at Bright Moments, each city builds a community; as Seth Goldstein proudly notes, “I am the Founding Member of Bright Moments. Not the sole founder, CEO, President but the first member.” There is a feeling of a connected utopian community.
It is reminiscent of the mid-’90s with the rise of the Internet and companies like Psuedo. You could feel that strange, exciting feeling in the air that something new was happening. That is what Bright Moments felt like the other night.
An artwork, Crypto People, is minted as an NFT. The value is set right then. Then the community can share them, sell them or hold them. Fred minted the 29th Crypto NewYorker NFT at Bright Moments on Saturday night. It was a thrill.
It feels a bit like Christiania, with its anti-establishment bend. As more and more Bright Moments currencies are minted around the globe, the community becomes larger. The artworks aren’t the only thing; the community is the main thing. Do these assets become part of the slow crescendo of the changing infrastructure of growing cryptocurrencies? What will it be able to buy with these NFTs? A home? A Van Gogh? Pay off debt?
Will crypto just represent specific communities globally so places like Venezuela can take control of their currency from being destroyed by Autocrats and Dictators? Will people feel better about going to sleep at night knowing that bread is still the same price the next morning? All of these things are up for discussion.
It may also be a bubble at the peak of a different type of Great Gatsby era. Only time will tell.