Wikipedia editors do not believe NFTs to be art

A group of editors on Wikipedia, the biggest free user-generated encyclopedia, decided against categorizing NFTs as a kind of art.
A group of editors on Wikipedia, the biggest free user-generated encyclopedia, decided against categorizing NFTs as a kind of art.

A group of editors on Wikipedia, the biggest free user-generated encyclopedia, decided against categorizing NFTs as a kind of art and agreed to put the matter on hold until a later date.

At the end of December, a poll and discussion on the platform centered on the most costly art sales by living artists, as well as whether NFT art transactions should be classified as “art sales” or “NFT sales.”

“Wikipedia really can’t be in the business of deciding what counts as art or not,” editor “Jonas” said. “That’s why putting NFTs, art or not, on their own list makes things a lot simpler.”

Notably, as TheCoinRise reported in November 2021, Hermitage, the biggest museum in the world, launched its first NFT art exhibition.

Wikipedia editors confused, say there is a lack of reliable data

Much of the debate focused on whether an NFT reflected the art or was only a token apart from the underlying art. Wikipedia editors were split on the terminology, with some believing there was a lack of reliable data from which to draw conclusions.

Five editors voted against integrating NFTs in art sales, while only one voted in favor. On Jan. 12, a decision was reached to remove sales such as Pak’s $91 million NFT collection and Beeple’s $69 million NFT off the top art sales list and revisit the debate at a later date. One can also create a million-dollar NFT art using a Beeple generator.

To come to a decision, the consensus must weigh in all contributing editors’ reasonable fears that fall inside the platform’s rules; according to Wikipedia’s guidelines, neither anonymity nor a vote is required.

When looking at Beeple’s NFT “Everydays: The First 5000 Days,” which exhibits a composite of unique artworks from a known digital artist and sold at the prestigious Christie’s art auction house last year in March, the decision seemed debatable. Beeple was also called the “third highest-selling artist” alive at the time by the New York Times.