Throughout the excitement, Australian artists, collectors and galleries – especially those connected to street and urban contemporary art – have been making their plays. Simultaneously devastated by the pandemic and buoyed by early investments in NFTs, Sewell and his partner Jane Rolls are an emerging force in the Australian NFT space. “The digital realm is chaos for a lot of people, it’s too confusing, we want to be able to nurture people in the right way,” Sewell says. “In some ways, it’s an indication of what we pretty much already knew about the 21st century art market,” he writes by email. I think it’s a bubble, but then, the whole art market is a bubble, and it never seems to pop.”

Source: The Guardian May 18, 2021 17:26 UTC