
Remember NFTs? Back in 2021, they were the very future of art, with high profile NFT artworks fetching eye-watering prices at auction. And then it ended. The close connection between NFTs and cryptocurrencies turned out to be weakness in the market, and the collapse in the price of bitcoin and ether in 2022 was a big blow to the market.
However, while it might not be making as much news these days the NFT art market still exists, and it's been seeing something of a resurgence. In fact, the digital fine art marketplace Exchange.art says its sales were up by 1000% in December 2023. We caught up with curator Larisa Barbu, the platform's CEO, to learn what's change and how she expects the digital art market to evolve.