Sebastian Smee: “No painting by Titian or Raphael has ever fetched as much as “Everydays.” So of course this is big news. But it’s also just one more riotous example of high-roller groupthink, market manipulation and the seemingly unstoppable human urge to commodify everything. – Washington Post
Will NFT’s Revolutionize The Art Market?
Once data is “on-chain,” it cannot be deleted, and it can be reviewed forevermore by anyone with access privileges and enough technological know-how. This means each NFT’s scarcity and provenance are secure, which in turn amplifies demand, which in turn builds a more confident, more robust market than we’re used to seeing for digital artworks without blockchain backing. – Artnet
Study: One Quarter Of UK Theatre Freelancers Have Quit
Theatres have collectively reported losses of nearly £200 million following a year of closure, according to a survey which also reveals that a quarter of freelancers have gone out of business or ceased trading because of the pandemic. – The Stage