moma
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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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Most Artists Who Make A Living From Their Work Are White
“A study compiled by data gurus BFAMFAPhD reaffirms what many, many, many critics have postulated – American artists are facing a diversity problem. As The Washington Post reported, BFAMFAPhD’s research reveals that most artists making a living from their work are white. And by most, we mean 77.6%.”
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The Collapse of the Contemporary Art Market: When Value Loses Its Narrative
“Yet more than an economic collapse, what we’re witnessing is a narrative breakdown: the system has lost the story that once gave value its meaning.”
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Korakrit Arunanondchai
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“When bankers get together for dinner, they discuss art. When artists get together for dinner, they discuss money.”
— Oscar Wilde
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“The art world is the biggest scam going. It’s a massive, money-laundering operation for the rich.”
— Banksy
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“When bankers get together for dinner, they discuss art. When artists get together for dinner, they discuss money.”
— Oscar Wilde
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“When bankers get together for dinner, they discuss art. When artists get together for dinner, they discuss money.”
— Oscar Wilde
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“When bankers get together for dinner, they discuss art. When artists get together for dinner, they discuss money.”
— Oscar Wilde
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$70 million Giacometti fails to sell at Sotheby’s modern evening sale.
“Sotheby’s modern evening sale fetched $186.4 million on May 13th. The sale’s most highly anticipated lot—Alberto Giacometti’s Grande tête mince (1955), estimated in excess of $70 million—failed to attract a buyer.”
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“The world is burning, people are barely holding on — and millionaires are betting on dead pieces of canvas. Yes, I said it: a piece of canvas. Because art is meant to live, to breathe, to move us — not to be traded like stock or hoarded like trophies. But in their hands, it’s just a price tag. And that’s the tragedy!”
— User comment on Sotheby’s Art Auction Sale Falls
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“The art world is the biggest scam going. It’s a massive, money-laundering operation for the rich.”
— Banksy
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“They’ll hang your work in gold frames, not because it speaks truth, but because it looks good above the fireplace.”
— Anonymous
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“When bankers get together for dinner, they discuss art. When artists get together for dinner, they discuss money.”
— Oscar Wilde