The people in charge of museums may lack the requisite expertise to manage non-fungible tokens, and the upside is far from guaranteed.
Art is a risky investment, with estimated long-run returns, on average, below stocks. But investing in artworks may provide diversification to an investment portfolio, as well as enjoyment.
Like cryptocurrency, Damien Hirst ‘Currency’ artworks have many of the attributes of actual money.
The reproduction of Leonardo da Vinci’s work is set to fetch a lot at auction. But why would a fake cost so much?
If you look at the reasons people buy art, almost none of them have to do with the physical work.
The digital tokens are a way to create scarcity and an aura of authenticity in an online world of infinite copying, pasting and remixing.
Asking Australians about their favourite art and artists reveals divides between those who like traditional versus contemporary forms. But Indigenous art transcends such categories.
The National Gallery of Australia is facing a 10% reduction in staffing, but will maintain its $16 million acquisitions budget.
The Art Market 2020 report reveals the global art market was worth US$64.1 billion in 2019. But with cancelled art fairs in Hong Kong, Paris, Berlin and Dubai, what does 2020 hold for the market?
A new quarterly essay looks at changes in how we market Australian performing arts – but is this necessary in a globalised digital marketplace?
The first director of the National Gallery of Australia has died at 88.
Don’t blame the global financial crisis. The Australian art market has performed poorly over the last decade - but there is plenty of growth potential.
According to a new study, a small portion of a site can yield thousands of objects, adding up to millions of dollars.
Researchers have found a way to reduce light damage to artworks by up to 47% by optimising LEDs to prevent light from being absorbed by the artwork.
What does Hockey's auction record for a living artist mean beyond the art market?
When artists destroy their works, it’s usually to express their disdain for critics, dealers and curators. But does this get lost in the attention, hype and money that follows?
An algorithm named AICAN has been ‘taught’ the entire canon of Western art history – and now produces, titles and sells works of its own.
South Africa’s government reneged on opportunities to cement artist Gerard Sekoto’s legacy.
Salvator Mundi is the most expensive painting ever to be sold. It remains to be seen who bought it and where it will be kept.
Sales of antiquities legally excavated are just as ethically problematic as those likely looted.