Art is an underrated asset class.
The value of artwork is estimated in excess of $1.7 trillion, with annual sales in the $30-50 billion range.
The total NFT art market has surpassed $1.2 billion in sales, generating over $1B in 2021 alone.
Thread on @SuperRare & NFT Art👇🏻
The value of artwork is estimated in excess of $1.7 trillion, with annual sales in the $30-50 billion range.
The total NFT art market has surpassed $1.2 billion in sales, generating over $1B in 2021 alone.
Thread on @SuperRare & NFT Art👇🏻
The crypto art market is a far cry from the trillion-dollar asset class of traditional art.
However, the NFT art movement is likely to expand as an asset class over the next decade.
The Digital Renaissance is upon us.
messari.io/article/superr…
However, the NFT art movement is likely to expand as an asset class over the next decade.
The Digital Renaissance is upon us.
messari.io/article/superr…
The case for art market exposure is clear:
• Art as an asset has outperformed many asset classes
• Art remains uncorrelated to traditional assets
• Contemporary art outperforms in times of high
inflation
• The wealth gap (and art investor base) continues to
grow
• Art as an asset has outperformed many asset classes
• Art remains uncorrelated to traditional assets
• Contemporary art outperforms in times of high
inflation
• The wealth gap (and art investor base) continues to
grow
Obtaining broad art market exposure is challenging for the everyday investor.
• Limited equities exposure to art market (auction houses are private)
• Buying individual art (expensive)
• Fund art exposure in small or limited to accredited investors
• Masterworks artworks
• Limited equities exposure to art market (auction houses are private)
• Buying individual art (expensive)
• Fund art exposure in small or limited to accredited investors
• Masterworks artworks
More recently, firms like @MasterworksIO democratize access by fractionalizing expensive artworks. Still, art exposure is limited to artworks (not Masterworks stock).
The launch of @SuperRare's RARE token creates a, fungible opportunity for broad exposure to the NFT art movement
The launch of @SuperRare's RARE token creates a, fungible opportunity for broad exposure to the NFT art movement
NFT Art Markets & SuperRare
The short history of NFT art has, until recently, been the story of SuperRare. Originally launched in 2018, SuperRare controlled a large percentage of the total NFT art market until the growth of Nifty Gateway in late 2020 and then Art Blocks in 2021.
The short history of NFT art has, until recently, been the story of SuperRare. Originally launched in 2018, SuperRare controlled a large percentage of the total NFT art market until the growth of Nifty Gateway in late 2020 and then Art Blocks in 2021.
SuperRare is the first tokenized art marketplace.
The SuperRare network is comprised of:
• SuperRare protocol – protocol of smart contracts
• SuperRare Spaces – curated storefronts (galleries)
• SuperRare DAO – DAO governed by the $RARE token
• SuperRare Marketplace
The SuperRare network is comprised of:
• SuperRare protocol – protocol of smart contracts
• SuperRare Spaces – curated storefronts (galleries)
• SuperRare DAO – DAO governed by the $RARE token
• SuperRare Marketplace
SupeRare has distributed $3.5 million in royalties to artists which would have bypassed artists during secondary sales in the legacy art market.
Recently implemented collector royalties that will incentivize early collectors to sell artworks + purchase more from upcoming artists
Recently implemented collector royalties that will incentivize early collectors to sell artworks + purchase more from upcoming artists
The SuperRare protocol has facilitated over $100 million in sales volume.
SuperRare secondary sales nearly outpace primary sales, which is IMO a sign of a healthy secondary market where both artists benefit from royalties and collectors from artwork appreciation.
SuperRare secondary sales nearly outpace primary sales, which is IMO a sign of a healthy secondary market where both artists benefit from royalties and collectors from artwork appreciation.
Read the full Messari Enterprise report for:
• A data-driven deep dive on the SuperRare protocol
• Defining SuperRare opportunity
• Overview of the general NFT art landscape
• A short, historical framework for investing in the art
market
messari.io/article/superr…
• A data-driven deep dive on the SuperRare protocol
• Defining SuperRare opportunity
• Overview of the general NFT art landscape
• A short, historical framework for investing in the art
market
messari.io/article/superr…
SuperRare is betting that culture will continue to shift to the digital realm.
How NFT art evolves is anyone’s guess, but I’m fairly convinced – by data & intuition – that the tailwinds for crypto art are strengthening.
The next decade will be a digital renaissance for NFT art.
How NFT art evolves is anyone’s guess, but I’m fairly convinced – by data & intuition – that the tailwinds for crypto art are strengthening.
The next decade will be a digital renaissance for NFT art.
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