Welcome to the Art Angle, a podcast from Artnet News that delves into the places where the art world meets the real world, bringing each week’s biggest story down to earth. Join us every week for an in-depth look at what matters most in museums, the art market, and much more, with input from our own writers and editors, as well as artists, curators, and other top experts in the field.
It may be the dog days of summer IRL, but over in the metaverse, we are firmly in the depths of crypto winter.
When NFT NYC, the world’s largest NFT conference, descended on Times Square last month, Bitcoin and Ether were down more than 70 percent from their November highs. That put a damper on the proceedings, and it’s had a ripple effect on the once-ballooning market for digital collectibles. In the first half of 2021, Christie’s sold $93 million worth of NFTs; this year, they’ve sold just $4.8 million.
Meanwhile, NFT players and platforms are being dogged by allegations of insider trading and market manipulation, and many in the art world are reconsidering their relationship with the sector.
To offer us a micro-history of this fast-changing market, and a recap of how the crypto crash has transformed the NFT space, Artnet News executive editor Julia Halperin spoke with Zachary Small, an Artnet News contributor and friend of the Art Angle. Small is also the author of the forthcoming book . Here’s the conversation.
Listen to other episodes:
The Art Angle Podcast: How Kennedy Yanko Welded Her Way to Art Stardom
The Art Angle Podcast: How Documenta Became the World’s Most Controversial Art Show
The Art Angle Podcast: The Scandalous Rise and Fall of Art Dealer Inigo Philbrick
The Art Angle Podcast: How Artificial Intelligence Could Completely Transform Art
The Art Angle Podcast: Want to Wear a Basquiat? Inside the Big Business of Artist Merch
Sharon Walters: Seeing OurselvesSolo exhibition at HackelBury Fine Art, London9th May – 4th July 2024…
The Whitney Biennial is a highly anticipated event in the art world, showcasing the most…
'Anyone who looks at Vassil Khmeluk' s paintings perceives them as a miraculous balm that…
Venturing into unknown territory, artists Katrin Fridriks and Jan Kaláb took a chance on one…
Pushing the boundaries of artistic expression, visionary artist Melissa Herrington’s large-scale, abstract paintings blur the boundaries between mediums,…
Alexandre Iakovleff (1887-1938) - famous Russian painter, graphic artist, master of drawing, portraitist, author of…