NFTs Are Finance as an Aesthetic Medium
The explosive, ten-figure growth of the NFT market over the past year will be remembered as a sea-change moment. And while it is difficult to imagine the market for new non-fungible tokens heating up forever, the rise and fall of individual objects should not damp the long-term outlook.The speed at which this new, digital art market is taking shape is astonishing. You feel like an astronomer watching the formation of a galaxy in fast forward. The “modern” art market took centuries to develop, and it was only within the last 40 years that innovators (or depending on your view, greedy…