Cryptoart began as a disruptive force in the traditional art world, driven by blockchain and a punk ethos. From 2017 to 2021, it facilitated a vibrant marketplace for digital artists and collectors, leading to rapid fame and financial success. This initial euphoria, reminiscent of the electroclash music movement, eventually waned. Now, artists and collectors are reconsidering their roles, seeking stability and innovative models in a changing digital art economy, moving beyond mere speculation into deeper engagement with the art itself.
Digital artists, collectors, curators, and gallerists are now asking themselves: "where's the afterparty?" They are actually seeking new models in a digital art economy.
The early days of cryptoart were exhilarating. NFTs marketplaces created an ecosystem where artists could engage directly with collectors, changing the landscape of art.
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