New Technologies Like NFT Could Increase Demand for Investment in Arts

According to research by Deloitte, nearly one-third of asset managers in the art world believe their clients can turn to non-fungible tokens (NFTs) when investing in artwork.

In the art and finance report shared by Deloitte for the year 2021, one of the trends in the art world digitization, virtualization and tokenization was declared.

While 33% of asset managers said their clients might be interested in the idea of ​​investing in NFTs, 24% of industry experts and 25% of traditional art collectors agreed.

Percentage of asset managers adopting non-fungible token usage, legal uncertainties in the industry It is not expected to increase significantly in the near future.

According to DappRadar data, the trading volume of the NFT market increased in the third quarter of the year compared to the previous quarter. eight floors growing up It reached $10.7 billion.

In the art world such as Tokenization and NFT new investment products The emerging technologies are expected to have a positive impact on the industry. 58% of asset managers say that liquidity in the market is due to new technologies and growing online platforms you will get better is thinking.

Almost half of asset managers; the demand of online businesses and technologies to invest in the arts. will increase This rate was 48% and 59% for experts and collectors, respectively.

85% of young collectors expect blockchain technology to change the way they dominate the industry. Among the older collectors, the proportion of those who agreed with this view was 52%.

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