Of Art Tokenization, Blockchain, and Provenance with A Sprinkling of Non-Fungible Tokens

Written by Quillhash | Published 2019/08/22
Tech Story Tags: blockchain | ethereum | eos | dapps | nft | erc721 | smartcontract | latest-tech-stories

TLDR Global art market grew 6% in 2018 to 67.4 billion in sales according to economist Clare McAndrew’s report “The Art Market 2019,” released by Art Basel and UBS. Despite the 6% growth, 57% of dealers saw their sales decline in 2018. This follows a trend over the past decade, during which the value of all sales has gone up 9%, while the number of artworks sold has gone down 9%. Just 0.2 percent of artists have work that sells for more than $10 million.via the TL;DR App

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Written by Quillhash | Blockchain Technology Solution & Services Provider for Startup and Enterprises
Published by HackerNoon on 2019/08/22