Kenny Schachter on the NFT Scheme He Cooked Up With Jerry Saltz and Why It Left Jerry... Less Than Ecstatic
Yet this shrill outcry fails to acknowledge that even the markedly lower numbers still represent a 10-fold increase from six month ago. And though trading volume has drifted down from 40,000 to 20,000 transactions per week in the same period, it still stands well above levels only a short time ago. Will prices vacillate? Of course they will! To paraphrase Oscar Wilde, the value of good art, digital or otherwise, will never drop—but in the interim, the prices just might. Regarding the overall...
Source: artnet.com