ArtSquare.io talks Blockchain and the Art Market at CADAF during Miami Art Week 2019
Miami Art Week is among the most intensely packed series of events of the art world. The constellation of art and design fairs, events, shows, talks and artsy parties centres around Art Basel Miami Beach, the American version of the fair for modern and contemporary that originated in Basel, Switzerland. For the second year in a row, ArtSquare.io’s team of founders flew all the way to Miami Beach to enjoy the 18th edition of Art Basel Miami and take part in CADAF Miami, the most important contemporary and digital art fair in the world.
Listed by Time Out as one of the unmissable satellite fairs of Miami Art Week, CADAF is a premier venue to discover and connect with the world’s most important galleries, artists, and collectors in the digital art market. Its mission is to support and showcase new media artists and make sure that their work gets the recognition it deserves in the art market by fostering innovative ways of collecting and buying art.
Our Co-Founders, Fabrizio D’Aloia and Francesco Boni Guinicelli, were thrilled to speak at a panel discussion on New Blockchain Technology Tools for the Art Market. ArtSquare.io was among the top art and blockchain companies invited to speak about the application of the technology to cultural innovation and present what they offer to the art market. Chaired by Fanny Lakoubay (CADAF and COO at Snark.art), the panel also featured Vladislav Ginzburg (COO, Blockparty) and Maryna Rybakova (CEO, Artisfact).
D’Aloia and Boni discussed the Blockchain as a tool for expanding the art market, drawing new buyers in, and innovate traditional models of art ownership. Blockchain is able to regulate, democratize, and ultimately disrupt the way we buy and own not only digital art but also traditional media art. It brings about a new scenario of co-investment based on transparency and sharing. The result, our panellists agreed, is that the Blockchain-powered model of art ownership proposed by ArtSquare.io will make the art market as strong as other financial markets and turn contemporary art (both in new and traditional media) into a desirable asset to incorporate in a well-diversified Portfolio.