Art investing has been around for centuries, however, gaining liquid access to masterpieces such as one by Monet has not been feasible for many investors – until now. New markets in digital arts are quickly emerging and expanding possibilities to new dimensions. Companies such as Maecenas, Masterworks and CoArt are creating markets in what has been one of the most illiquid markets for centuries. Investors, traders, and collectors can now purchase “shares” in some of the most admired artworks around the world and trade them with a click of a button.
Following the success of the first annual Bitcoin and Cryptocurrency Investment Summit (“BCI Summit”), BCI will host a fundraiser for Make-A-Wish® at 32 Orchard Street in Manhattan, New York. Industry experts and investors will explore blockchain’s growth and opportunities in arts with the focus on emerging and AI generated arts on blockchain, utilizing blockchain technologies to protect artist’s rights and generating compensation, and moving existing visual arts to blockchain for security and tracking.
Panellists include Richard McBeath, VP of Growth at Masterworks, a company democratizing ownership in the world’s greatest masterpieces by allowing investors to purchase and trade shares on an approved trading platform and Judy Mam, Co-Founder of Dada.nyc, the world’s only visual conversation network where artists and regular people speak to each other through drawings and create art together.
The fundraiser celebrates the launch of BCI Roundtables, created to help investors demystify risks and opportunities in blockchain through education, transparency, and targeted business networking. All donations, raffle ticket sales and net proceeds from ticket sales go to Make-A-Wish® Metro New York.
Visit https://www.bcisummit.com/events/digital-art-for-charity.html for more information and register.