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SNL’s NFT Sketch Is Now… an NFT – After Saturday Night Live aired a skit last week attempting to explain NFTs (featuring Kate McKinnon as U.S. Treasury Secretary Janet Yellen), the show has decided to… turn the sketch into an NFT and offer it for sale. (Does your head hurt yet?) It’s being auctioned off on the OpenSea marketplace; last we checked, the price stood at just under $20,000. The proceeds go to charity. ( Art Dubai Offers a Glimpse of Art Market Future – Last week saw the return of Art Dubai, the first major fair to resume in-person operations after the pandemic year. Buyers were eager to spend, with sales including six-figure works by Ian Davenport and Iván Navarro. To assuage exhibitors’ fears, organizers offered them the chance to pay nothing up front and instead put a portion of their sales proceeds toward the cost of the booth after the event. ( ....
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