The artist behind 'Fearless Girl' is selling NFTs to fund her legal case against the company that put the statue on Wall Street:
, would finally expire in 11 months, and that a permanent arrangement would need to be found in order to keep it on public display.
“New York has to decide if they want an artwork that is going to be used as a corporate brand,” Visbal said. “If they don’t want that to be the case, I will replace the State Street casting with my own artist’s proof. I offered that in January, but no one in the mayor’s office bothered to acknowledge a very gracious gift.”At the heart of the conflict is a contract between Visbal and State Street over the rights to reproduce and market the work.
“I didn’t know State Street, but I was told that they had paid a quarter-million dollars for permitting, and I was extremely grateful,” she said. “They said, ‘Can we use theimage for our SHE Fund?’ I said ‘of course,’ and I extended an image right, in perpetuity, for“It was a really really big mistake,” she added. “I shared something with them, but it wasn’t enough for them, because they want it all.
“The statue was not gifted to SSGA free of charge,” a State Street representative told Artnet News in an email. “SSGA paid hundreds of thousands of dollars for the production of the Fearless Girl statue and its surrounding unveiling and campaign, which included costs for permitting for the installation and fabrication of the sculpture and, more specifically, payment to Ms. Visbal and other vendors who were engaged to work on the project.
may not be the taste of the 18-to-34 old male who is buying NFT art—so I hope to entice women in finance to come into the space,” Visbal said. “My NFTs are expensive, but bronze sculptures are very expensive. We put so much work into this—it’s worth it.”
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