The London gallery HOFA will exhibit virtual artworks such as Vladinsky's 'Observer NFT' (2021) at the 'Matter & Form NFT' exhibition. Photo: AFP
As NFT artworks continue to rise in auction, museums and galleries are wondering how to take advantage of the growing interest in non-fungible tokens.
For most, it's proving to be a logistical challenge, at least for now. The art world is having its "NFT" period. If the phase really took off with the record sale of Beeple's Everydays: The First 5,000 Days (for US$69.3mil, RM287mil), auction houses and art galleries are rivalling one another with initiatives to get in on in this booming market.
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