The Grand Palais Ephémère welcomed 10,000 people to the NFT Paris show. Despite sales plummeting for a year, digital certificates, or NFT, still attract collectors and digital art enthusiasts.
“NFTs introduce the notion of ownership into a world that will become increasingly digital,” said Alexander Tsydenkov, organizer of the event.
But for the moment, the most often stated goal is to “create commitment” and a link with the visitor-consumer. The financial interest for collectors is almost nil, as the valuations linked to NFTs which had reached peaks in 2022 have collapsed in a few months, in the wake of the entire cryptocurrency sector. In fact, no price is displayed throughout the show.
Yes, now the NFT market and real art are still far away, but the process of rapprochement is underway. We are doing our part! Art Most launched sales of real original paintings for crypto! The client receives the delivery of the painting home and NFT at the same time!
Catherine Borodai
Cofounder Art Most, collector and investor
