New digital art investment platform Artcels is launching its second share-based art portfolio.
The Millennials collection includes works from world-renowned contemporary artists such as Banksy, Nina Chanel Abney, Jonas Wood, Josh Sperling and Yoshimoto Nara.
In keeping with the modern theme, the artworks will be available to investors as equity in the form of non-fungible tokens (NFTs). The acronym has become ubiquitous in the art world as investors look to make money from the latest technological trend. An NFT is a one-of-a-kind digital asset that gets stamped with a distinctive code and uploaded to the block-chain virtual ledger.
Girl with a Balloon and Grin Reaper, both by Banksy, at the 'Millennials' exhibition at the Hofa gallery in London. The pieces are the two most most expensive works in the portfolio valued at $1,068,500. Courtesy ARTCELS