Five Takeaways on the Global Art-Market Outlook

Germany-based start-up arttrade dug into the Artnet Price Database to bring you five insights about how the auction market has evolved. Artnet News in Partnership With arttrade, August 26, 2022 Andy Warhol’s One Dollar Bill (Silver Certificate) (1962) shown at the media preview of the summer auction at Sotheby’s Hong Kong in May 2015. (Photo…

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This 10-Year-Old Art Prodigy’s Latest Painting, Inspired by Picasso’s ‘Guernica’, Will Benefit Ukraine

Andres Valencia’s ‘Invasion of Ukraine’ piece, inspired by Picasso’s 1937 anti-war masterpiece, will be available on September 9. Emma Reynolds When Andres Valencia was five years old, his parents, Elsa and Lupe Valencia, knew their son had a special gift. They were right. Just five years later at 10 years old, Valencia has accomplished more…

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NFTs in Luxury Fashion- 5 levers of brand activation

NFTs in luxury Fashion is to this industry what creativity is to a designer. One way or another, one will need the other. As in recent times, NFTs are spreading in several industries and fashion is not spared. This industry has also made great efforts to innovate and stay in the digital age. But in…

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NFTs and intellectual property, explained

1. What are intellectual property rights? In its simplest form, intellectual property relates to something you create with your mind — such as artwork, literature and inventions. These protections were relatively easy to enforce in the analog era, but our digital world — where copying and pasting runs abound as millions of people create their…

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What Are the Legal Risks of Purchasing NFTs?

The arrival of non-fungible tokens (NFTs) as a proposed avenue for the sale of art and collectibles has earned a divisive reaction in the art space. On May 31, 2022 A year on from NFTs’ first explosion of popularity, many investors are still unsure of the rights and risks associated with purchasing them. Below, Mazzola…

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Should artists have a stake in their own work?

The resurgent $65bn art market has led to rampant speculation around the work of young artists — who see little of the profit July 8 2022 © Alamy | ‘Boucher’s Flesh’ by Flora Yukhnovich On a bright evening in London last week, three paintings hung at the front of the Phillips auction room for its…

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Decoded: Fractionalized NFTs In The Art And Cultural Sector

TimaxArt offer fractionalized NFTs Fractional ownership involves purchasing fractional interests of an asset. Each fractional interest represents a percentage of total ownership. Fractional investing may lead to those interests being traded on an exchange without the asset itself being sold. With fractional ownership, people share the benefits, rights, and also the risks of ownership. This…

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