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Damien Hirst Admits His Fans Are ‘a Cult’ as His First NFT Project Rakes in More Than $20 Million + Other Stories
Art Marketplace News is a daily digest of the most consequential developments coming out of the artwork planet and artwork marketplace. Here’s what you require to know this Monday, January 24. Have to have-TO-Read through Museums Are Attempting to Figure Out How Substantially NFTs Are Worth – A CryptoPunk acquired by the Institute of Present-day Art Miami has been caught in escrow for 6 months simply because expert appraisers have been not able to settle the work’s greenback value (which is significant both for insurance coverage uses and to compute a tax split for the donor). Given the hyper-volatile NFT marketplace, appraisers have been experimenting with distinct methodologies, using into account…