contemporary painting

144 items found

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Art-less

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“According to reports from Cointelegraph citing CoinGecko, the total NFT market capitalization stood at just $2.5 billion in December, representing a 72 % collapse from the January peak of $9.2 billion. Weekly NFT sales remained below $70 million, while the number of unique buyers and active sellers dropped sharply, indicating a loss of momentum across the entire ecosystem.” — Analysis Blockchain / Bitcoin World

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“The Museum of Modern Art in New York has acquired eight CryptoPunks and eight Chromie Squiggles for its permanent collection, marking one of the most significant institutional endorsements of onchain art to date.”

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“I’m not interested in beauty for beauty’s sake. I’m interested in truth.”

George Condo
Rodrigo at his Wedding
2007
oil on canvas
50 1⁄8 x 42 1⁄8 in.
Price realised
$1,134,000

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A movement forms when:
– the work keeps evolving while imitators stay static
– the idea expands beyond a single form
– viewers begin to reference the thinking, not the image

As Marcel Duchamp showed, once the idea is stronger than the object, imitation loses its power.

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“Foundation is a decentralized NFT marketplace launched in early 2021. It aims to connect digital artists and collectors through a platform that emphasizes quality and originality. Unlike other marketplaces that prioritize volume, Foundation focuses on curating a selection of high-quality NFTs, making it a popular choice for serious artists and collectors.”

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Artist Diversity in Art Industry

Art Industry Representation

White artists: 75–85%

Black artists: 8–10%

Asian artists: 6–8%

Latino artists: 3–5%

Other / mixed: 2–4%

Approximate averages based on museums, galleries, exhibitions, and art market data.

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