NEW YORK, NY.- On November 29, to coincide with the physical presentation of NFTs in Pace’s booth at Art Basel Miami Beach, Pace Verso will release works by Glenn Kaino and DRIFT artists Lonneke Gordijn and Ralph Nauta, who collaborated with DJ and digital art pioneer Don Diablo on their first NFT.

Pace Verso was created in partnership with the Palm NFT Studio on the Palm Network, a new NFT-optimized blockchain network for culture and creativity, built by and for the open Ethereum ecosystem. The Palm Network offers low gas costs, fast transaction finality, and a 99.99%+ reduction in energy consumption when compared to Proof of Work systems.

The development of Pace Verso aligns with the gallery’s history of supporting boundary-pushing artists and their projects, and it underscores the gallery’s commitment to the advanced studio practices of artists within and beyond its program. The platform is helmed by Online Sales Director Christiana Ine-Kimba Boyle.

To mark the launch of Pace Verso, the gallery will present two NFTs by Kaino and DRIFT in its booth at Art Basel Miami Beach 2021.

Today, Pace Gallery and VISIBILITY also announced Pass the Baton, a revolutionary digital art project and blockchain strategy conceived by artist Glenn Kaino and his decade-long collaborator, the iconic Olympian who broke 13 world records before standing in an unforgettable silent protest at the 1968 Olympic Games, Tommie Smith. The project utilizes NFTs to facilitate a generative and enduring crypto-giving structure that aims to rethink the sustainability of philanthropy by directly funding social justice-oriented activists and organizations. A press release for Pass the Baton is here. Pass the Baton will launch on www.baton.art this December in partnership with UNOPND via Hashed, while a physical hologram of the baton will separately debut with Pace Gallery at Art Basel Miami Beach 2021.

Additional details about the gallery’s inaugural NFT program follow below:

• Following the gallery’s successful presentation of two NFTs derived from Lucas Samaras’s XYZ series earlier this fall, Pace Verso will spotlight a second suite of digital XYZ works in its first exhibition. These NFTs will be made available in multiple drops over the course of the coming weeks, with the prices of the works increasing incrementally with each new release.

• The two new NFTs by Glenn Kaino that will be made available on Pace Verso are part of his Legacy Team project, a longstanding collaboration between the artist and the Olympic track and field athlete Tommie Smith.

• An NFT—part of the artists’ augmented reality work Block Universe (2021), which is on view in their solo exhibition at Pace’s New York gallery through December 18—created by DRIFT artists Lonneke Gordijn and Ralph Nauta as part of their collaboration with the DJ and digital art pioneer Don Diablo will also be presented on Pace Verso. This NFT will also be presented at Art Basel Miami Beach.