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Kollectiff, a Web3 studio based in Venice, debuted its new Abbot Kinney gallery space on Thursday night with an event featuring work by non-fungible token artists Julie Pacino, Nyla Hayes and Jenkins the Valet.
On the back of this week’s NFT LA conference, Web3 enthusiasts and fine art admirers alike piled into the posh, three-story venue to mingle over live jazz and raspberry cocktails—capping a week that saw Los Angeles inundated by NFT-themed events across the city.
Alongside a Bored Ape and vivid, long-necked portraits by 13-year-old digital artist Hayes, Pacino showcased evocative work from her “Keepers of the Inn” NFT collection, the sales proceeds of which will fund her upcoming narrative feature film, “I Live Here Now.”
“This is where we’re headed—it is undeniable,” Pacino, the eldest daughter of actor Al Pacino, told dot.LA, praising the nascent NFT art scene. “When I did my [first NFT] drop is when I understood why this is the way of the future,” the photographer and filmmaker added. “It connects collectors directly to the artist and cuts out the middleman.”
Pacino herself owns more than 100 NFTs, the majority of which were created by women and LGBTQ+ artists. “Being a woman and knowing how good it feels when someone buys your artwork—the positivity and the love is contagious,” Pacino said. “I want to spread that to as many people as possible." — Harri Weber
With the Friday release of its new interactive show, “Trivia Quest,” Netflix hopes that viewers will find themselves thinking about video games.
Photographer Ethan Pines has photographed tech titans as heroes for magazines and websites. But his new NFT portrait project is less generous.
Manufacturing startup Hadrian Automation has raised $90 million to build a second L.A. factory that can automatically build parts for rockets, satellites, jets and drones with limited human interference. It hopes to open the new facility by this August.
Attorneys general from 44 U.S. states and territories have urged Snap and TikTok to strengthen parental controls on their platforms.
This week in “Raises,” a Santa Ana-based collectibles marketplace raised $100 million in funding , while a new sustainable venture capital fund launches with the help of Leo DiCaprio. Read up on all the raises in our weekly round up.
Robotic delivery service company Coco has added three new executives. Same with artificial intelligence platform Storyfile. See the week’s roundup of major hires across Southern California’s tech and venture capital scene.
What We're Reading Elsewhere...
- L.A.-based parking startup Metropolis acquires Nashville-based Premier Parking.
- Sony Pictures partners with film tech startup CJ 4DPLEX to screen "Morbius" with 270-degree panoramic viewing.
- Snapchat rolls out a new feature allowing users to seamlessly share YouTube videos.
- Tesla's insurance safety system is now operational in California.
- Florida's governor takes aim at Disney over its "privileges" following the "Don't Say Gay" bill fracas.