Everydays: The First 5,000 Days by digital artist Beeple sold for US$69 million earlier in March. Photo: via Reuters
Everydays: The First 5,000 Days by digital artist Beeple sold for US$69 million earlier in March. Photo: via Reuters
NFTs

NFTs not disrupting traditional art world (yet), China now biggest auction market: arts update

  • Clare McAndrew, author of the annual Art Basel and UBS Global Art Market Report, says non-fungible tokens have yet to affect traditional art world hierarchies
  • China overtook the US to become the biggest public auctions market for the first time in 2020, McAndrew’s most recent report, released on Tuesday, says

Everydays: The First 5,000 Days by digital artist Beeple sold for US$69 million earlier in March. Photo: via Reuters
Everydays: The First 5,000 Days by digital artist Beeple sold for US$69 million earlier in March. Photo: via Reuters
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