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Talks Program: Frieze x Kiaf SEOUL

Talks Program: Frieze x Kiaf SEOUL
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Non-fungible tokens take No 1 spot in influential art world power list

ERC-721’s topping of ArtReview’s Power 100 is first time a non-human entity has led list ....

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Non-fungible tokens take No 1 spot in influential art world power list

The non-fungible token or NFT has taken the No 1 spot in the annual ranking of the contemporary art world’s most influential movers and shakers marking the first time a non-human entity has topped the list.
ERC-721, the specification for the “non-fungible token” on the Ethereum block-chain, tops the 20th Power 100 list published by ArtReview, after a year in which it upended the art market by bringing together contemporary art and millennial meme culture.
ArtReview said NFTs had given rise to a whole new generation of collectors and allowed artists to find ways around the traditional gatekeepers of the market.
“NFTs ....

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