Digital renaissance: blockchain, NFTs, and the evolving art market ecosystem

Annick Schramme, Director of the Master's Programme in Cultural Management (University of Antwerp);
Liliana Ţuroiu, Director of the Master in Business Administration of the Creative and Cultural Industries (Bucarest University of Economic Studies);
Anne-Sophie Radermecker, Co-Director, Research Group on Science of Arts and Culture (Université Libre de Bruxelles);
Adriano Picinati di Torcello, Director, Advisory & Consulting, Global Art & Finance Coordinator (Deloitte Luxembourg).

Held in the frame of the BRAFA Art Fair, this talk went deeply into the ongoing digital revolution occurring in the cultural and artistic sector. Blockchain technologies, crypto-currencies, and non-fungible tokens (NFTs) are some of the technologies that have reshaped the market, being likely to continue to do so in the next years. Some specific points the speakers touched upon include the role of the museums, where innovation can play a pivotal role to help them better fulfill their mission to share knowledge and culture to the broader public. The Art Talk was the opportunity to broaden and expand the scope of the reflection, going deeply into the financial side of the market, the legislative and regulatory framework, and many more topics. This event was the opportunity to promote and foster the conversation on the future of the digital art and culture.