In two years, the online art market grew 280%

The online art market has seen impressive growth in the last two years. Historically resisted by rather conservative buyers, who used to personally attend auctions or bid live over the phone, sales in this sector exploded 280% from the beginning of the pandemic until today. However, this unprecedented growth should not only be attributed to the coronavirus but also to the progressive popularity of the so-called “non-fungible art” (NFT), whose sales through cryptocurrency also skyrocketed and established a new consumer model.

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