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PARIS, March 1, 2023 /PRNewswire/ — When it comes to surfing the Internet, we often talk about “falling down a rabbit hole,” alluding to the first chapter of Lewis Carroll’s novel Alice in Wonderland. the Wonders, the same allusion being equally appropriate regarding the experience, sometimes disconcerting and without limits, in the field of Web3 and crypto art. To help you navigate this virtual world, and at a time when MoMA in New York, LACMA in Los Angeles and the Center Pompidou in Paris are opening their collections to digital art, Artprice proposes five ways to discover art that can be transferred from owner to owner in the form of NFTs.

Weekly NFT auction collection versus Ethereum price

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Top 10 NFT Auction Gross Artists (2021 -2022)

Infographic – https://mma.prnewswire.com/media/2010705…

“Crypto art is gradually gaining access in museums and in art history, but for now, it is a form of artistic creation that is experienced very freely on the Internet,” says Thierry Ehrmann, CEO of Artmarket.com and founder of artprice.

“Often, the field of cryptocurrencies is described as the operation of a “community”, the more you invest in a project, the more quality information you receive. This is how the Discord platform works, for example, which offers the creation of different more or less private chat rooms for each project. Some allow everyone to participate in the discussions, but the most interesting chat rooms are those reserved for collectors or founding members.”

To encourage you and offer you the means to participate in this new artistic experience, which aims to bring together artists, collectors, graphic designers, developers and many others, Artprice recommends five ways to immerse yourself in this universe and start your adventure.

1. Continuity: follow the artists on Twitter

Despite the many criticisms that Twitter receives, Elon Musk’s platform remains the golden path of Web3. Digital artists not only use this channel to present their works as they are creating them, but they also broadcast the posts in which they and all those they like are quoted. Thus, each page contains innumerable dynamic links to other artists and other works, but also to collectors, curators, markets, etc.

For starters, you can follow any of the top-selling NFT artists at auction that Artprice lists in their annual reports. In fact, the big auction houses are doing valuable work selecting NFT works that meet the same requirements as the traditional art market. But, since in the digital world one thing leads to another, and one artist leads to another, Twitter makes it possible to continually discover new works and new creators, but also to be the first to know about upcoming projects.

Robbie Barrett: https://twitter.com/videodrome

IX SHELLS: https://twitter.com/ix_shells

2. The study: read articles and interviews

The decisions by Christie’s, Sotheby’s, Phillips, Bonhams, but also Fauve, Van Ham, Millon and many other auction operators to widely include NFT lots in their sales demonstrate, even if no longer necessary, the seriousness of NFT technology and the artistic creation that allows The most prestigious galleries, such as Pace and Gagosian, have also understood this, but few media outlets dare to do a true artistic critique of NFT projects. This work (art criticism), so crucial to the history of art, would undoubtedly allow a better appreciation of the approaches adopted by digital artists and their relationship with Blockchain technology, as well as with the “communities” that support them.

Faced with the multiplication of markets, crypto art needs space and time for reflection, to understand and digest innovative practices at the frontier of technology, as the projects of these artists gain in depth and intensity. Artprice offers two articles that collect the work of key digital artists in the NFT universe.

Artforum: Hack the Planet, Hans Ulrich Obrist habla con Pak: www.artforum.com/print/202207/hans-ulrich-obrist-talks-with-pak-88907

Right-click and save: Interview with XCOPY: www.rightclicksave.com/article/an-interview-with-xcopy

3. Prospective: study of large collections

Transparency is one of the main beliefs of the Blockchain and, as such, it is possible to consult the collection to which each work belongs, discover other works that the same entity collects… and so on. It is true that the real identity of collectors often remains anonymous or hidden behind a pseudonym, and yes, NFTs can be transferred from one wallet to another to increase security and cover their tracks, but there is always a way to reconstitute your history.

The most dynamic collectors have also become the true tutelary figures of crypto art. Until museums and galleries become active in this universe, the big NFT collectors continue to have a very substantial influence, be it by sharing their favorites on social networks, collaborating with artists, or exhibiting their collections in virtual universes or physical places like the prestigious Art Basel Miami or putting them up for sale through traditional auction houses.

Cozomo di Medici: “For more than 700 years, we have loved jpegs”: https://opensea.io/Cozomo_de_Medici

Max Stealth: “A Timeless Collection”: ww.sothebys.com/en/buy/auction/2022/inside-the-world-of-maxstealth-a-timeless-collection

4. The traditional way: visit physical events

Crypto art is already accessing public places, galleries and museums. From MoMA to Times Square, digital art is gradually invading some of the biggest screens on the planet and some of the most prestigious museums. Advertising spaces and exhibition halls come together for the first time in history, without a doubt, to show a new type of works, at the crossroads of art and technology, which sometimes look much better on a big screen than on the one of a smartphone or laptop.

At the same time, almost everywhere in the world, art fairs offer the chance to delve into this universe and experiment with digital creation in the best possible conditions. These events provide the opportunity to meet the different agents that form a true “ecosystem” and the “community” that allows digital artists to largely bypass art galleries, and that brings together entrepreneurs, developers, collectors and art lovers. art.

NFT New York, April 12-14, 2023 at Times Square and Hudson Yards: www.nft.nyc

Center Pompidou: Presentation of the first NFT acquisitions on April 8, 2023: www.centrepompidou.fr/fileadmin/user_upl…

5. The safe way: acquire a first NFT work

So… nothing beats the experience of acquiring a first NFT. Not only does it force you to find a work worth buying among the millions offered on platforms like opensea.io or objkt.com, but this process also requires you to complete an unusual transaction to say the least. Although some platforms now offer payment in euros or dollars, the vast majority of them require the creation of a (free) electronic wallet, powered by cryptocurrency. This operation may seem complicated, but it is an integral part of the universe on which crypto art is based and, therefore, of the experience it offers.

In the absence of galleries, artists organize their own markets, choosing what, when and how to sell their works, at what price and in what quantity. Unique digital works (1/1) are the most sought after, but larger editions offer a more affordable opportunity to collect pieces. Among the novelties of the NFT market, the Open Editions are especially interesting, since these projects offer an unlimited number of tokens for sale at a fixed price, but only for a few days or even a few hours…

The information and econometric studies produced by Artmarket.com are for the sole purpose of analyzing and understanding the statistical realities of the art market and should not be considered in any way as advice, a suggestion or a request to invest in the art market.


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Artmarket is a global player in the art market with, among other structures, its Artprice department, a world leader in the accumulation, management and exploitation of historical and current information on the art market in data banks containing more than 30 million indices. and auction results, covering more than 803,000 artists.

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Artprice Global Art Market Report 2020, published March 2022: https://www.artprice.com/artprice-reports/the-art-market-in-2021

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