Stéphane Le Pelletier, Asia-Pacific director of Opera Gallery, with an Andre Brasilier artwork. Photo: Handout
Stéphane Le Pelletier, Asia-Pacific director of Opera Gallery, with an Andre Brasilier artwork. Photo: Handout
Art

What’s next for NFT art? Grimes, Elon Musk’s partner, sold US$6 million worth and many celebrities have jumped on the bandwagon, but what does it mean for the traditional art market?

  • NFTs, bought with cryptocurrencies like bitcoin and Ethereum, present unique opportunities for digital artists – but copyright and ownership challenges too
  • An attempted sale of Basquiat’s Free Comb with Pagoda was halted by the artist’s estate, and gallerists say the traditional art market will develop ‘in tandem’

Stéphane Le Pelletier, Asia-Pacific director of Opera Gallery, with an Andre Brasilier artwork. Photo: Handout
Stéphane Le Pelletier, Asia-Pacific director of Opera Gallery, with an Andre Brasilier artwork. Photo: Handout
READ FULL ARTICLE