Digital Dialogues | What’s happening to the NFT market?
Art Basel Miami Beach 2024, Dec 5
Amy Whitaker (Assistant Professor, NYU)
Pablo Rodriguez-Fraile (Digital Art Patron & Collector)
Matt Medved (Editor in Chief, NFT Now)
After the crypto-winter, and since the US SEC approved Ethereum-backed EFTs, crypto experienced a mid-year rally followed by a small contraction. The market for ETH- and Tezos- denominated NFTs remains quite volatile, although prices seem to have stabilised mid-term. This panel will examine the fundamentals shaping NFT prices, and look into the relationship between NFT price stability and the reputation of the artist. How can we create a stable, transparent marketplace for art-related NFTs?
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