31 December 2021
Why It Matters: The growth of art NFTs, what is art’s function within the tech space?
According to a global art market report by the Global Art Market Mid-Year 2021 Report produced Art Basel and supported by UBS, it was estimated that global sales of art and antiques registered $50.1 billion, down only by 22 percent from 2019, a relatively soft landing compared to many other sectors. But does this really mean that art has risen in visibility as an alternative investment class in the pandemic era? Wang Zineng, Founder, Art Agenda discusses this and also the rise of NFTs, and what will be art’s function within the tech space.
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