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How to Make Money Buying Art: Advice From Art Market Economist Magnus Resch
25.1.2024
In his latest book, the Yale economist guides prospective buyers through never overpaying for art by examining the data and curating relationships. It turns out NFTs have particular utility here
Sotheby’s Reports Close to $35 Million in Digital Art Sales for 2023, Declares It ‘One of the Most Exciting Years’
25.12.2023
Source: A screenshot, Instagram/ Sothebys Sotheby’s, the renowned auction house with a rich history spanning 279 years, has made a significant impact on the digital art market in the current year. Fine arts auction house Sotheby’s reported making “close to $35 million”...
Sotheby’s to Auction 3AC’s NFT Collection, Including Larva Labs’ Zombie Punk and Dmitri Cherniak’s ‘Golden Goose’
20.4.2023
On Wednesday, Sotheby’s, one of the world’s largest brokers of fine and decorative art, announced its plans to auction a number of non-fungible token (NFT) assets that were previously owned by the now-defunct crypto hedge fund Three Arrows Capital (3AC). The auction, called...
Yuga Labs’ Twelvefold Collection of Ordinal Inscriptions Generates 735 Bitcoin, Worth More Than $16 Million
7.3.2023
Yuga Labs, the creators of the blue-chip non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC), announced that the team has completed its Ordinal Inscription auction with a total of 3,246 bidders. The Twelvefold collection of inscriptions generated 735.7 bitcoin, worth more than...
Ordinal Inscription Collections on Bitcoin Blockchain Grow as Creators Monetize Art
20.2.2023
With more than 150,000 Ordinal inscriptions on the Bitcoin blockchain, there are now numerous collections as creators and artists have found a new way to monetize their artworks via blockchain technology. In the past month, people have launched collections such as Ordinal Punks, Ordinal Penguins...
The Art World Underestimates the Power of NFTs
15.12.2022
NFTs will bring about a profound structural shift in how art is created, enjoyed and sold
Derek Edward Schloss: Unlocking the Art Market
20.4.2022
Twitter and video games were just a stepping stone for Derek Schloss into crypto. Fives years later, the leading VC makes good on his big unlock
How much is too much? Crypto art market brings together deep pockets and big artists
31.1.2021
In the future, owning unique art won’t be restricted to the elites, but will everyone have digital art on their walls?
Hollywood Royalty Flexes Crypto-Art Goals: Ashton Kutcher Auctions NFT Digital Art for ETH
21.8.2020
Actor and venture capitalist Ashton Kutcher’s first attempt at digital art, an awful piece titled “The Eye of the Beholder”, is auctioning at Cryptograph. At the time of writing, the highest bid stood at 13.26 ethereum, or about $5,400, with a day to go before the sale ends....
‘Wonder Woman’ Illustrator and British Artist Terry Flaxton to Sell Ethereum-Backed Art
17.7.2020
The non-fungible token (NFT) and blockchain-backed collectible economy continue to see demand and the digital art market Makerplace has seen enormous growth recently. A number of well known artists have started to participate, as work from the acclaimed comic book illustrator Jose Delbo and...