NFTs skyrocket the art market in 2021

• Crypto art The NFT art revolution: sales exceed 3,000 million in 2021

• Record auction € 58 million for a digital collage

The year that just ended was characterized by the outrageous prices of everything. That includes the flats, the olive oil, the lamb meat and, of course, the art. In fact, in 2021

sold by the three largest

houses in

the world - Sotheby's, Christie's, and Phillips - has been 21% higher than in 2019, reaching a total of 6.5 billion dollars (5.754 million dollars). euros).

The figures, which come from the analysis of the British company ArcTactic, confirm the good moment of investment in art, and the resurrection of that market after Covid-19 paralyzed sales for most of 2020. In fact, yes The data for 2020 are compared with those of 2021, a

is verified

. Only Sotheby's had sales of $ 7.3 billion last year, the highest in its history, although that amount includes not only auctions, but also private sales.

ArcTactic statistics also give a fairly accurate idea of ​​rising values ​​in the art world. The most obvious case is that of 'Contemporary young art', which is how the analysts of that company call artists under 45 years of age, whose sales doubled in relation to 2020. It is a segment that, apart from 'traditional art ', is entering the new - and controversial - form of digital expression known as

. Such is the case with Mike Winkelmann (known as Beeple) and his NFT 'Everydays: The first 5,000 days', sold at Christie's for $ 69 million in March. Other creators in this age group are Adrian Ghenie, Matthew Wong - who passed away in 2019 at the age of 35 -, and Nicolas Party.

Another relevant detail is the importance of

as a sales center for the creations of these artists. According to ArtTactic's analysis, almost three-quarters of the works of

took place in that city. The fact that Hong Kong has been in the middle of a political crisis for three years, after China decided to end the autonomy of the city and sweep away the political freedoms of its inhabitants does not therefore seem to have had the slightest impact on the cities. auctions in that territory.

The bottom line is that

. Nor to the millionaires of the technology industry and cryptocurrencies. This is stated by the ArTactic study by stating that "the art world is experiencing a generational shift towards young collectors ·", who have made their fortunes in these sectors. However, the most important sales in 2021 were those of the Impressionists, who reached no less than 963 million dollars, that is, 14.8% of the total. The auctions of these authors have multiplied by almost 3.5 in relation to 2020.

With these numbers, the question remains as to whether the art market is experiencing a 'bubble', pushed precisely by the new Asian millionaires.

In fact, the proliferation of NFTs - which, for some, are not art - has been such that even

has put up for sale digital reproductions of images of her eyes ('Melania's Vision') for $ 187 ( 166 euros).

According to the criteria of The Trust Project

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