Crypto Investor Jehan Chu on Building a Collection of Contemporary Art and NFTs
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Photo caption: Collector Jehan Chu in front of Machine Hallucinations – Space: Metaverse by Refik Anadol in partnership with Sotheby’s at Digital Art Fair Asia 2021 in Hong Kong. Photo courtesy of Digital Art Fair Asia. Article by Reena Devi. Artsy – Apr 19, 2022.
Over the past year alone, $2.8 billion was spent on crypto art, compared to $14.6 billion on traditional art. Major galleries, auction houses, and art fairs worldwide have become increasingly involved in the NFT space, including Pace, König, Lehmann Maupin, and, more recently, Art Dubai. And while the traditional art world is courting the digital realm, dabbling in collectibles, video games, the metaverse, and more, tech bros are venturing into marquee auction houses and buying up contemporary artworks. […]
