Gucci, SuperRare Collab on Digital Art Vault

fashion brand Gucci on Thursday, June 23, announced “Vault Art Space”, a collaboration with the digital art market super rare to create online gallery powered by non-fungible token (NFT) development, company says Press release.

Vault Art Space “is a place to see the cutting-edge visions of contemporary artists, as well as to purchase their artwork with cryptocurrencies,” the press release reads. The first exhibition, titled “The Next 100 Years,” features 28 artists whose works “reflect the House’s century of heritage and envision what’s to come,” according to the statement.

The initial list of artists includes Alanna Vanacore, Alex Trochut, Alexis Christodoulou, Aliendope, ALIENQUEEN, Aliina Kauranne, anchenillustration, Antoni Tudisco, Dārta Katrīna, diberkato, Drew Young, eBoy, Ignasi Monreal, Ignorance1, Jordan Schiffer, Kris Andrew Small, loudsqueak, Merijn Hos & Jurriaan Hos, Paulina Almira, Pet Liger, Pindar Van Arman, SamJ, Sasha Katz, Sheidlina, Tim Maxwell, trs.mnz, Tyler Spangler, VEXX and YEAHYEAHCHLOE.

“Unbound by physical walls, the space showcases a steady rotation of digital artworks, each a collection fragment of the House’s kaleidoscopic heritage,” said Gucci.

Vault Art Space’s first exhibit will be auctioned on the Vault website in three drops from Thursday, June 23 through July 1.

Related: Gucci continues to appeal to young consumers with a line designed by Harry Styles

Earlier this week, in a bid to broaden its appeal to younger consumers, Gucci teamed up with pop music superstar Harry Styles to produce a line of rock-inspired vintage clothing. Styles became the latest musician to dabble in fashion design when Gucci launched the HA HA HA clothing line on Monday (June 20).

The line includes 25 looks co-designed by former One Direction singer and Gucci creative director Alessandro Michele.

The collection, which will be in Gucci stores in October, includes “sport coats with meaty lapels, scarves and plaid overcoats”, according to the Wall Street Journal, which noted that “the garments have a palpable look of 70’s”.

The HA HA HA line marks Gucci’s boldest move to boost annual sales from around $10.3 billion to around $15.8 billion thanks to the “strong potential of young millennial consumers and Generation Z,” a plan announced by parent company Kering earlier this month.

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NEW PYMNTS DATA: HOW UTILITIES AND CONSUMER FINANCE COMPANIES CAN IMPROVE THE BILL PAYMENT EXPERIENCE

About: More than half of utilities and consumer finance companies have the ability to digitally process all monthly bill payments. The kicker? Only 12% of them do. The Digital Payments Edge, a collaboration between PYMNTS and ACI Worldwide, surveyed 207 billing and collections professionals at these companies to find out why going digital remains elusive.