The Year the Art Scene Rebounded, Expanded, and Surrendered to N.F.T.s

by AryanArtnews
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The pandemic is ongoing and the turmoil continues. I’m not talking about Omicron variants. It is not possible to discuss art in 2021 without mentioning NFTs. Non-fungible tokens struck the gates of the establishment of contemporary art in March. BeepleDigital artist Mike Winkelmann’s non-alternative keyboard sold cryptographic works of art at Christie’s for over $ 69 million. I think Beeple’s art caliber is properly described in his Instagram career as “art shit for your facial holes,” based on my very rough view. However, this sale made him the third most expensive artist after Jeff Koons and David Hockney. So for every collector who evaluates NFTs through facial holes, there must be speculators trying to fatten their wallets. One Silver Backing: The establishment of art has largely ignored computer-based art for decades (exactly because its insignificant form made monetization so difficult), and now how many, including Pace Gallery. Insider in that deep pocket is a new token-based medium in a hurry. Unfortunately, the main attraction may be the fact that NFTs are also financial products, in addition to being a unique work of art. The terms around them indicate that the painting is drawn, but that the NFT is cast like money.

2021 under review

New Yorker writers look back on the highs and lows of the year.

Not all of this year’s financial art news has been so confusing. In the last few weeks, two New York City museums have received a combined donation of about 2.5 beeple, or $ 175 million worth of heritage-changing donations. The moment billionaires are pouring more and more charitable resources into their own private museums and nonprofits (for example, this summer). MOMA Trustee Lonti Ebers has opened a $ 40 million exhibition residence facility in Brooklyn) by longtime board member Oscar Tang. metAnd his wife, Cultural Heritage Policy Adviser Agnes Sutan, promised the museum an astonishing $ 125 million for a long-term renovation of the museum’s modern wing.

The public sector was also in a positive mood. New York City has invested $ 50 million. Brooklyn Museum.. The funds have been used to recapitalize the McKim Mead and White Beaux-Arts building, which is home to the institution since 1897. Wind and Rain is Anne Pasternak, the director of the museum, who was hired in 2015 and has never had any experience in the museum. We hope that the success of the museum in the city will usher in the negotiation process of its own staff, who formed the union in August.

I am a curator, installer, conservator, editor, educator, ticket clerk, security guard, caretaker, and other labor guarantees that the work of art is preserved for the public good and will not disappear. Private hands that are on the side of many people. The relationship between the collection class and the educational institution is the story itself. In 2021, financier Leon Black resigned MOMAThe board of directors bowed to protest over its relationship with Jeffrey Epstein, and Met announced that Suckler’s name, embarrassed by the opioid crisis, would be removed from most walls.

But just as public institutions are essential to urban life, New York’s galleries are their lifeline. Ignore the spectacular level of self-serious fullness found in some gallery statements. Consider that all works created before 2020 are considered “historic” and admission to hundreds of galleries in the city is only visible. Provides proof of vaccination. Below are some of the spaces featured in this year’s magazine. All of these are transforming scenes known as downtown New York, under 14th Avenue, south of the increasingly commercialized Chelsea Gallery district.

Forty years ago, a young artist ignited the DIY scene in Alphabet City, where East Village meets Avenues A, B, and C. One of the hotspots was the FUN Gallery, where Jean-Michel Basquiat sold his paintings in 1982. This year, alongside Beyonce and JAY-Z, it reappeared in Tiffany’s ad. The campaign landed the brand in boiling water after a spokesman suggested that Basquiat might have been inspired by his color choices by Tiffany Blue. This fall, Avenue C’s new dissident venture sought to regain fun in downtown galleries, raising the middle finger to art fair jet setters who insist on confusing works of art with luxury goods.Nervous painter Jamian Giuliano Villani (like her own beloved market) had artist Billy Grant and musician Ruby Zarski help her run. O’Flaherty’s, Avenue C’s new clubhouse and art space. If the name sounds more like a blue-collar bar than a starting point for the next best artist, that’s exactly the point. The first show was a wild ride from the sculptor, painter and photographer Kim Dingle, an irreverent LA veteran.

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