BLOOMBERG | Is this the future of art galleries?

From metaverse and NFT art to virtual reality, Bloomberg Quicktake takes a look inside the first edition of Digital Art Fair Asia in Hong Kong. NFTs’ ability to confer uniqueness has led to a boom in digital art’s collectibility; a report from blockchain development company ConsenSys says the NFT art market surged from $52 Million at the end of 2020 to $490 Million in April 2021. And Christie’s announced in September that it had shattered the $100 million ceiling in NFT sales worldwide. Bloomberg Quicktake’s Stella Ko reports.

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