How can artists best navigate the shifting landscape of the industry? And how can blockchain-based technologies help them?
Resch holds a Ph.D. in economics and has studied at the University of St. Gallen, the London School of Economics and Harvard. In addition to lecturing at Yale, he has produced several publications about the economics of the art world. He has appeared in academic journals and major publications like The Wall Street Journal, The New York Times and Vanity Fair.
These communities — I call them “island networks” — consist of museums, galleries, fellow artists of the same level and fans or supporters. These groups mean well but will never make a real impact at the higher end of the market. Instead, there is only one network that leads to success. For an artist who strives to be successful, the goal must be to become part of it. I call it the “holy land.”
CT: What role do social media and digital platforms play in helping artists connect with their audience and foster a sense of community?Social media is the most relevant marketing tool for artists. They cannot rely on galleries to do the job, as most galleries are part of island networks and close down after a few years. In fact, one-third of all galleries never make any profit.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sotheby’s relaunch Glitch digital art sale, newbie gamer uncovers $49K NFT and moreDigital art auction house Sotheby’s has aimed to represent individuals of “every gender and expression” in its revamped sale. Meanwhile a newcomer to the online game Illivium: Beyond has struck lucky by discovering the rarest Illuvitar yet.
Read more »
Fishtown students paint works of art, using school building as canvasStudents, parents and staff at a Fishtown school spent Saturday morning painting their aquatic themed mural on the school building.
Read more »
Houston Art Car Parade shows off art in different formThe Bob Ross inspired car is just one of the few creative cars that rolled into downtown Houston for the Art Car Parade. Find out what other artists created for the big event!
Read more »
Chicago's top fair for emerging artists to open in RavenswoodThe Other Art Fair Chicago will feature original works of art from 100-plus emerging artists.
Read more »
NFT.NYC: Play-to-Earn is not dead, but game publishers are looking for alternativesAlternatives flourishing in the industry include marketplaces and partnerships that allow players to return tokens to the game ecosystem.
Read more »