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In December 2020, artwork sold on non-fungible tokens reached an all-time high of $8.2 million [https://www.coindesk.com/nft-art-sales-reached-all-time-high-of-8-2m-in-december] , compared to $2.6 million in November. We will be exploring this trend for collecting NFTs that grew in 2020, and the potential for these digital artworks to be displayed in museums in the coming years. This discussion will be looking at the concepts of scarcity versus exposure and the aura of the original in a blockcha
Despite many setbacks, some of the Arts & Creative industries' most exciting developments occurred during the course of 2020. In this new webinar series, Vastari has set out to learn more about projects and initiatives produced by thought leaders and innovators in the art and technology sector. Let's get inspired for what's next in 2021. Episode 1: Hacking the Wild West of Art on the Internet: A conversation on Internet Imperialism 19 January, 2021 | 5pm GMT/12pm EST/9am PST With the near to
Written By: Ivan Macquisten [ email@example.com] Museums need to be more business-like in their dealings with collectors if they want to attract the most desirable works for loan or donation, two new reports by Vastari advise. The 2020 Global Collector Trends Report and The Finances Behind Collecting [https://landing.vastari.com/vastari-connect-collector-report-series ] also reveal significant potential for insurance companies and shippers to expand their reach among collectors. The twin studie
How are collectors and museums collaborating during this pandemic? One of Vastari’s members shares their experience with private collector loans during and after lockdown. Vastari helped the Knoxville Museum of Art in Tennessee connect with a collector who owned a relevant work for their 2020 exhibition. The conversation between collector and the museum originally began in April 2019 for their exhibition in February 2020 which is still currently on display until October 2020. Like all museums a
There are multiple headlines at the moment about how the crisis has impacted the leisure industry, from museums to theatres to shopping malls, but the current global situation in 2020 is significantly impacting a subsection of the cultural industry: travelling exhibitions. Museums usually define themselves by their permanent collections; it determines who they are and their area of expertise. When engaging with the public, temporary exhibitions are what drives local audiences to return to a mus