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Some of the World's Top Artists Are Trying Their Hand at NFTs. The World's Top Galleries Are a Bit More Skeptical


On Sentinels (2021). Image courtesy the artist.
News last week that Phillips would offer its first NFT completed a hat trick: all three major auction houses have now officially gotten in on the phenomenon that has thrown the art market for a loop. So far, however, galleries are wading into this particular pool much more cautiously in part because they have considerably less to gain financially.
While a handful of artists have developed non-fungible tokens to complement planned gallery shows, the NFT distribution mechanism isn’t designed to offer an additional income stream for galleries. By design, it grants artists the opportunity to take tighter control of their output and increase their cash (or crypto) flow independent of dealers. ....

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Pace Gallery appoints Christiana Ine-Kimba Boyle as first Online Sales Director


Pace Gallery appoints Christiana Ine-Kimba Boyle as first Online Sales Director
Boyle comes to Pace from CANADA, where she built and oversaw online sales strategies, which included the launch of the gallery’s first-ever online viewing room and virtual performance platform.
NEW YORK, NY
.-Pace Gallery announced the appointment of Christiana Ine-Kimba Boyle in the newly created position of Online Sales Director. Under the leadership of CEO & President Marc Glimcher, Boyle will expand the gallery’s digital offerings and spearhead Pace’s online sales strategy with the goal of engaging new audiences. Boyle will also work to support artists in the development of NFTs and digitally native projects to be presented in collaboration with Pace. Boyle joins the gallery on May 3, 2021 and is based in New York. ....

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