NFTs Make a Splash at Art Basel Amidst Bitcoin’s Plunge

– The crypto winter has arrived just in time for Art Basel.
– NFTs are not as popular as they were at Art Basel Miami Beach.
– Bitcoin’s price has plummeted to as low as $20,080.
– Ethereum’s price has dipped to as low as $1,030 during Art Basel.
– Art Basel is becoming more welcoming to digital art.
– The Tezos Foundation featured Herbert W. Franke, the 92-year-old pioneer of generative art.
– The founders of the conference NFT Art Day in Zurich, Tom Rieder and George Bak, were also seen perusing Art Basel during the opening days of the fair.
– Joe Saavedra, founder of Infinite Objects, thinks the NFT marketplace is trending toward digitally native content that has a strong presence in physical space too.

 

 

About the Author

Mohak Agarwal

Mohak is a Journalist with a background in AI and Web3 Consultancy. He writes about cryptocurrency and can be reached on twitter.

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