6 Questions With Fanny Lakoubay, Founder of LAL ART Advisory, About the Future of the Digital Art Market

The digital art market in 2023 is characterized as emerging, uneven, and promising, with collectors slowly adding digital art to their collections and young people showing interest, but both efforts will take time; shifts in the market include the search for the next wave of collectors and the risk of oversupply, but also the opportunity to invest while prices are still relatively low; trends to watch include blue-chip collections in generative art, the development of AI art and other categories such as literary NFTs, performance art on the blockchain, digital sculpture, and metaverse architecture; digital art collectors are approaching their investments differently due to an oversaturation of works, which creates tension for unrecognized digital artists; new and emerging technologies such as blockchain, AI, decentralized governance, and new ways to organize artist collectives, exhibitions, and documentation will impact the future of the digital art market.

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9/6/2023

NFT collapse and monster egos feature in new Murakami exhibition

Japanese contemporary artist Takashi Murakami is reflecting on his first experience with NFT art, which coincided with the 2022 crypto collapse, in a new exhibit at the Asian Art Museum in San Francisco, where he explores the creation of original tokens and comments on the perversion and violence underlying Japan's otaku and kawaii subcultures. Murakami believes that NFT art will become more common in the future and aims to bridge the metaverse and the real world in the art scene.

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AI-Generated Knickknacks Proliferate Online, Raising Concerns About Quality and Ethics

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