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Beyond the Gavel: The New Dynamics of Digital Art Auctions in the Crypto Age
The digital art world has experienced a seismic shift with the advent of online auctions, particularly those leveraging blockchain technology and NFT (Non-Fungible Token) marketplaces. Initially, online digital art auctions mirrored traditional methods, where artworks were sold on platforms like eBay or specialized auction websites through fixed prices or standard bidding systems. However, the rise of NFT marketplaces such as…
From Walls to Wallets: Exploring Banksy’s Street Art and its Synergies with CRYPTOART
In the ever-evolving world of art, the emergence of digital platforms and blockchain technology has given rise to a new form of artistic expression: CRYPTOART. This digital revolution bears striking parallels to the disruptive and boundary-pushing nature of street art, epitomized by the enigmatic and provocative works of Banksy. As we navigate the transition from the physical streets to digital…
CRYPTOART Culture & Four Emerging Trends
Grail Capital’s co-founder and CIO Jean-Michel Pailhorn predicts that digital art on the blockchain will be the most important current cultural movement in 5-15 years and the next trillion dollar asset class (NFTNow, April 2024). Grail Capital is a digital art investment fund, acquiring the most liquid digital art collections of the top 200 blue chip and rising star artists.…