Taken from JRE #1707 w/Kyle Dunnigan & Kurt Metzger:
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Taken from JRE #1707 w/Kyle Dunnigan & Kurt Metzger:
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Kurt's NFT analogy is ~correct in many cases. I used to install high end art for collectors, galleries, and celebrities in LA. I've handled many Cy Twombly's, Jeff Koons, Damien Hirst, etc…. and installed for various clients including Brad Pitt, Meg Ryan, Schwarzenegger, etc… Regardless of subjective opinions or art theory/aesthetics, there is a very objective business around fine art. A lot of people don't realize that often it is the galleries and/or collectors who are the real artists when it comes to artworks fetching insanely high prices. Art collectors are ~investors first and foremost. Often collectors will conspire to make a previously unknown artist famous as an investment strategy. They agree among themselves to all purchase an artists work and heavily promote him/her. This creates a buzz where other collectors and galleries scammer to be the next one to obtain work from the artist while they still can. I've seen works which were purchased for hundreds of dollars sell for hundreds of thousands of dollars within five years due to this phenomenon. At the end of the day it's just a buy low, sell high money making strategy.
Thanks for having Kurt Metzger on. It would be cool to see Clayton & Natali Morris from Redacted on some day. โ
I am in the wrong business ๐ "The Original NFT" ๐๐๐๐
You can't dictate someone else's likes and dislikes lol, art is art only to whoever perceives it as art
Thereโs a somewhat secret art vault in Harlem New York that is like 8 stories I worked in thatโs cleaner than a laboratory but large like a warehouse. VERY secure building.
Art is a good way to clean your money for sure