The study is a devastating blow to artists who were hoping to finally make income from their art, but the real victims are obviously the collectors.
April Fools
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100% Rich and White Museum Staff Announce They Have Successfully Combated Racism
“We did it, we really did it,” said Chad Whitley-McGovern, chair of the museum’s board.
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Marina Abramović Falls Asleep During Restaging of “The Artist is Present”
Attendants first thought the snooze was part of the performance, until they heard the artist audibly snore.
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Health Officials Warn of “Second Wave” of Immersive Van Gogh Exhibitions in NYC
New Yorkers are advised to monitor for symptoms, which include Instagram Reels, the flattening of an artist’s legacy, and an intense desire to watch Netflix’s Emily in Paris.
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Petition to Change Manet’s Name; “Too Similar to Monet”
A poll showed that 83% of Musée d’Orsay visitors think the two French artists are the same person.
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Mega-Collector Reveals He Doesn’t Care About Art But Loves the Attention
“I don’t really like to buy anything that’s less than $10 million,” the collector said. “It just doesn’t elicit the validation I crave.”
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Say Hello to Spherechain, the “Blockchain Killer”
A new crypto option for those who think the blockchain is too square.
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A Shirtless Hunter Biden Spotted Selling NFTs on Venice Beach
The president’s son’s wares include SpongeBob Squarepants memes, printed on paper at a local Kinko’s.
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We Asked the Art World to Explain NFTs, and No One Could
According to a recent survey of 1,000 art collectors, 53% admitted to having only a vague understanding of NFT technology and 37% said they had “no clue” what NFTs were.
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MoMA Buys Amazon Rainforest to Offset Newly Donated NFT Collection
MoMA plans to organize trips to the Amazon starting in 2022 for trustees and other donors to showcase the institution’s innovative approach to collecting.
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Millionaire Art Collectors Unionize, Protesting Their Billionaire Competition
Art-loving millionaires banded together to fight the growing monopoly of billionaires at art auctions, on museum boards, and at art fairs.
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Hudson Yards Vessel to Be Dismantled and Sold as NFT
The structure, which has proved a danger to the public due to its low guardrails, will be destroyed.