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Seven things you must see in Suffolk this summer

Seven things you must see in Suffolk this summer
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Keen on the NFT art drops? It s all about strategy, buyer knowledge and timing

Amrita Sethi at a showing for her mixed media artworks   | Photo Credit: STUDIO K As the hype around NFT art reaches a crescendo, here’s how we may have to shift our thinking as more artists venture into this crypto-fuelled world (Subscribe to our Today s Cache newsletter for a quick snapshot of top 5 tech stories. Click here to subscribe for free.) “Let’s be honest, the NFT art world would not be having the trajectory it is, if Metakovan and Twobadour did not spend close to $70 million worth of crypto on Beeple’s Everydays: The First 5000 Days,” says Amrita Sethi, “That figure alone is enough for artists to start delving into the virtual NFT art space.”

Art attack: Pandemic will have lasting effect on creative markets

BERN: Even the high-end art market was less frothy in 2020 than 2019 due to restrictions placed on galleries, auctioneers and collectors by the coronavirus disease (COVID-19) pandemic. Still, fine art remained big business and sold well. The top 10 sales at auction fetched a total of $453 million. In that group, only two paintings exceeded the $50 million mark in 2020, while nine out of the ten lots topped $50 million in 2019. The numbers may be smaller but they are eye-watering nonetheless. Even pop art sold: A drawing by Belgian artist Herge depicting his character Tintin sold for $3.1 million at auction earlier this month the highest price ever paid for comic book art.

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