In October 2020, an art collector named Pablo Rodriguez-Fraile bought a 10-second video art piece for $66,666.66. In February of 2021, he resold it for $6.6 million. You might not have heard of the artist who created the video a year ago, but chances are, you’ve heard of him since. By March, Mike Winkelmann, known… Continue reading What to consider when collecting NFTs: Appraisals and investments
Category: NFTs
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Best practices when entering the world of NFTs
In the third quarter of 2021, NFT sales reached $10.7 billion, a 700% increase from the previous quarter, according to data from DappRadar, a market tracker. This has been the year of the NFT, with collectors buying photographs (among other digital artworks) through both traditional auction houses and new marketplaces. In April, the first-ever physical… Continue reading Best practices when entering the world of NFTs
From Prints to NFTs: The Photograph’s Journey Through the Digital Age
I grew up in a world where photographs were produced and consumed in printed format. Digital technology was already brewing in the background back then, but it was still an analog world for the average person. Newspapers, magazines, and broadcast television were among the primary means of consuming news, entertainment and advertisement. Instead of opening… Continue reading From Prints to NFTs: The Photograph’s Journey Through the Digital Age