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Cutting a Banksy into 10,000 (digital) pieces

In the latest example of art market disruption, a prominent former auction executive teamed up with cryptocurrency experts in May to purchase the 2005 Banksy painting “Love Is in the Air” for $12.9 million and now plans to sell off 10,000 pieces of it as NFTs, or nonfungible tokens.

United statesNew yorkShingo lavineMike winkelmannPhilip eytanAdam lavineUrs fischerKen griffinNina westerveltLoic gouzerHarold eytanMegan fox kellyDiana wierbickiOscar salazarParticle foundationNew york times

Cutting a Banksy Into 10,000 (Digital) Pieces

A former Christie’s executive has joined cryptocurrency experts to create a company that purchases art and sells the fragments as NFTs.

United statesShingo lavineMike winkelmannPhilip eytanAdam lavineUrs fischerKennethc griffinLoic gouzerHarold eytanMegan fox kellyDiana wierbickiOscar salazarParticle foundationInstitute of contemporary artAssociation of professional art advisorsLast march

As Health and Administrative Hurdles Mount, Some Participants Worry That This Year s Art Basel Could Become a Very Costly Flop

As Health and Administrative Hurdles Mount, Some Participants Worry That This Year s Art Basel Could Become a Very Costly Flop
artnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from artnet.com Daily Mail and Mail on Sunday newspapers.

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Art Shipping in the Age of COVID Is More Expensive and Complicated Than Ever—and a Return to Normal Remains Very Far Away

Art Shipping in the Age of COVID Is More Expensive and Complicated Than Ever—and a Return to Normal Remains Very Far Away
artnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from artnet.com Daily Mail and Mail on Sunday newspapers.

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The Back Room: A Post-Auction World

The Back Room: A Post-Auction World
artnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from artnet.com Daily Mail and Mail on Sunday newspapers.

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