Business Today News Hubb
Advertisement
  • Home
  • Business
  • Small Business
  • Finance
  • Sales
  • Business Intelligence
  • Contact
No Result
View All Result
  • Home
  • Business
  • Small Business
  • Finance
  • Sales
  • Business Intelligence
  • Contact
No Result
View All Result
Business Today News Hubb
No Result
View All Result
Home Business

NFT Marketplace OpenSea Has Blocked Cuban Artists and Collectors From Its Platform, Citing U.S. Sanctions Law

admin@btnewshubb by admin@btnewshubb
December 25, 2022
in Business


The internet’s biggest NFT marketplace OpenSea is delisting Cuban artist and collector accounts from its platform in order to comply with U.S. sanctions law.

Suspicions that OpenSea had been specifically targeting Cuban accounts had lingered in recent months—a stance the New York-headquartered company holds in respect to countries such as Venezuela, Iran, and Syria—but Artnet News can now confirm the policy extends to Cuban artists, following an exchange with the platform.

“We comply with U.S. sanctions law,” an OpenSea spokesperson told Artnet News via email. “Our terms of service explicitly prohibit sanctioned individuals, individuals in sanctioned jurisdictions, or services from using OpenSea.”

The development is a blow to Cuban artists who began minting work on the blockchain during the great NFT boom of early 2021, a time that coincided with the height of pandemic travel restrictions that deprived the island of valuable tourist dollars.

One such artist is Gabriel Bianchini, a photographer whose work has appeared at the Havana Biennial and Milan’s MIA Photo Fair. After learning about NFTs on social audio app Clubhouse, he promptly minted Hotel Havana, a multilayered image juxtaposing the capital’s colorful and decaying buildings. It sold out in days.

Gabriel Bianchini, Hotel Havana (2020). Photo: courtesy of the artist.

“We were locked in a pandemic, with an increasingly difficult economic, political, and social situation,” Bianchini told Artnet News. “This technology was a liberation, not only economically but creatively, a bridge that allowed us Cuban artists to connect with the world.”

Bianchini encouraged other Cuban artists to take the digital plunge and a vibrant community duly followed. It stretched from downtown Havana, with local club and gallery Fábrica de Arte Cubano bringing artists online, to the diaspora with groups such as the Miami-based NFTcuba.ART creating a veritable network.

NFTcuba.ART is now being systematically blocked from a marketplace that receives more than 120 million visitors a month. To date, more than 30 Cuban artists have had their OpenSea accounts delisted. The technology underpinning NFTs may be transparent and decentralized, but the companies platforming their exchange are not.

long time since we posted, unfortunate that this post needs to be this.@opensea has disabled our profile.

Not only do Cubans on the island, but those who have other nationalities have to endure censorship in web3 company.

Buying art from Cubans is not banned in the us embargo pic.twitter.com/7cccbmjNWR

— NFTcuba.ART 🇨🇺 (@nftcubaart) December 12, 2022

To Cuban artists, OpenSea’s decision is no surprise. It follows a 60-year history of U.S. sanctions on the country, one that has continued into the digital age with the likes of Zoom, MailChimp, WeTransfer, and Gitlab all inaccessible from within Cuba (sometimes even when using a VPN).

“I saw it coming,” Cuban NFT artist Yordanis García Delgado told Artnet News. “It is very difficult to be decentralized and not be accountable to government authorities, thanks to the blockade that the USA maintains against Cuba.”

One point of confusion rests with the fact OpenSea has rapidly pivoted from celebrating and platforming Cuban artists—they featured during National Hispanic Heritage Month with Bianchini serving as a co-host—to a blanket ban, irrespective of a user’s other nationalities. Bianchini, for example, is Swiss-Italian, currently lives in Spain. The founder of NFTcuba.ART Gianni D’Alerta, who has also been targeted, lives in the U.S.

The move is also counterintuitive in that it bars political messages unwelcome in Cuban galleries from reaching the wider world. It’s a point Ted Henken, a professor at Baruch College who has written widely about Cuba’s digital culture, makes. “Quite ironically, in this case, those impacted both financially and in terms of their free cultural expression are Cuban artists who often use their art to challenge government censorship or critically comment on Cuba’s difficult social and artistic reality,” he said.

So what next for Cuba’s budding NFT art scene? In the short-term, Bianchini expects artists will focus on other platforms such as Foundation and SuperRare. Still, he remains optimistic when it comes to Web3’s future.

“I’m still betting that this technology will bring freedom to countries like mine,” Bianchini said. “I’m not just talking about financial freedom, but creative freedom and freedom of expression.”

Follow Artnet News on Facebook:


Want to stay ahead of the art world? Subscribe to our newsletter to get the breaking news, eye-opening interviews, and incisive critical takes that drive the conversation forward.





Source link

Previous Post

A prolonged winter storm delivers power outages, snarled travel and frigid temperatures on Christmas Day

Next Post

Part 2, CIOSEA News, ETCIO SEA

Next Post

Part 2, CIOSEA News, ETCIO SEA

Leave Comment

Recommended Post

If You Got Conned in ERC Scam

by admin@btnewshubb
January 26, 2023
0
Small Business

You wondered at the time whether it was a scam, right? And now you regularly see news reports about ERC...

Read more

FinCEN Issues Historic Order Against Virtual Currency Exchange Facilitating Russian Illicit Finance | Lowenstein Sandler LLP

by admin@btnewshubb
January 26, 2023
0
Finance

On January 18th, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued its first action (the Order) pursuant to...

Read more

Valero Can Keep Pumping Profits

by admin@btnewshubb
January 26, 2023
0
Finance

The good times aren’t over for U.S. oil refiners.Refining giant Valero VLO 2.87% Energy’s results released Thursday showed how exceptional...

Read more

Post Politics Now: At a Va. union hall, Biden to tout accomplishments … – The Washington Post

by admin@btnewshubb
January 26, 2023
0
Sales

Post Politics Now: At a Va. union hall, Biden to tout accomplishments ... The Washington Post Source link

Read more

business-today-white-2-200x00

© 2022 Business Today News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • Business
  • Small Business
  • Finance
  • Sales
  • Business Intelligence
  • Contact

Newsletter Sign Up.

No Result
View All Result
  • Home
  • Business
  • Small Business
  • Finance
  • Sales
  • Business Intelligence
  • Contact

© 2022 Business Today News Hubb All rights reserved.

Situs Slot Maxwin

RTP Live

Slot Bonus New Member

Slot Bet Kecil

Slot Pragmatic

Slot Maxwin

RTP Slot Tertinggi

Slot Bonus New Member

Slot Bet Kecil

Slot Pragmatic Hari Ini

Slot Maxwin

RTP Slot Tertinggi

Slot Bonus New Member

Slot Bet Kecil

Slot Pragmatic

Slot Anti Rungkat

RTP Slot Tertinggi

Slot Bonus New Member

Slot Bet Kecil

Slot Pragmatic

Slot Maxwin

RTP Slot Tertinggi

Slot Bonus New Member

Slot Bet Kecil

Slot Pragmatic

Slot Anti Rungkat

RTP Slot Tertinggi

https://flagspin.com/slot-gacor-terpercaya/

https://www.aydinemlaktrabzon.com/slot-gacor/

https://biomedanas.com/slot-gacor/

https://mussogomme.it/slot-online/

https://delcohempco.com/slot-gampang-menang/

https://jimmyvermeulen.be/slot-anti-rungkad/

https://www.housingaustria.com/situs-slot-gacor/

https://concourse-pharmacy.com/bocoran-slot-gacor-hari-ini/

https://r-y-p.org/slot-terbaru/

https://laddsgoldexchange.com/bocoran-slot-gacor/

https://advantageequestrian.com/slot-online-terpercaya/

https://water.news.energy-water.com/slot-online-jackpot-terbesar/

https://www.chesapeakemarineinst.com/slot-online-terpercaya/

https://nexarkagroup.com/slot-anti-rungkad/ https://calculatuiva.cl/link-slot-gacor/ https://www.readygunner.com/wp-content/slot-gacor-jackpot-terbesar/ https://www.edenvaleriverwatch.co.za/slot-gampang-menang/ https://freefireimagem.com/slot-online-gacor/ https://onlinecannabisnewz.com/slot-paling-gacor/

https://financenewshubb.com/slot-gacor/

https://wishfruits.com/slot-gacor/

http://zip-favor.ru/slot-gampang-menang/

https://instantgeneralnews.com/link-slot-gacor/

https://ciderbohemia.cz/bocoran-slot-gacor-hari-ini/

https://stealthilyhealthy.com/link-slot-gacor/

https://sanantoniowritersguild.org/link-slot-gacor/

https://www.radiomega.net/slot-online/

Bo Slot

Slot Maxwin

RTP Slot Tertinggi Hari Ini

Slot Bonus New Member Di Awal

Slot Bet Murah