The (r)Evolution of the Art Market
Yieldstreet | Staff
Noah Kupferman hosts Yieldstreet x Athena Art Finance’s Cynthia Sachs and Noah Davis from Christie’s for a discussion about the upcoming Christie’s sale, We are all Warriors: The Basquiat Auction, and the groundbreaking Beeple sale. Listen as they delve into the rapidly evolving world of cryptoart, NFTs and blockchain, and the investment opportunities that are coming to the art market as a result.
Key Takeaways:
[3:34] Details about the groundbreaking Beeple sale and the role of NFT in the sale.
[5:58] The distinction between the artwork created by Beeple and NFTs in general.
[10:37] What is the potential impact of cryptoart on the art lending market?
[13:24] Steps to protect the art market against volatility in this new sector.
[15:17] Formulating the valuation of Beeple’s $70 million artwork.
[18:48] What influence will this new digital sector have on the art market at large?
[20:53] Has the line between collecting artwork and trading securities been crossed with this sale?
[23:08] The evolution of smart contracts, blockchain and NFT adjacents in the art market.
[24:08] Where can investors learn more about NFTs and cryptocurrency?
[28:03] Insights into the impact of NFTs and blockchain on the future of art market lending.
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