Every year SCOPE Art art fair invites artists, collectors and investors to participate in new trends and exhibitions. Since recently, art NFTs are also represented. From November 29, 2022, the innovative digital art...
Investing in art tokens: the blockchain provides secure trading and greater transparency
Art has long been one of the most dynamic markets – for many, both a personal passion and a lucrative field of investment. But access to excellent works of art is often difficult due to high prices. And it is not always easy to get an overview of what is on offer. Is the origin of a painting really true? Protecting yourself from forgeries and fraud is difficult. We’ll show you: Thanks to blockchain technology, new web platforms are solving these problems and driving a quiet revolution. It’s becoming easier for art collectors in America, England, and around the world to buy shares in fine, high-value artworks and trade them on increasingly liquid markets. And artists can place and sell art NFTs themselves. All of this is contributing to greater transparency in the art market.
Investment in art tokens: return with high risk?
The investment horizon for tokenized artworks is between eight and ten years. Since this form of investment is new, the performance can only be estimated. According to providers of art tokens, it is around 5 percent per...
