Business Today

DISRUPTING THE ART WORLD

ON DECEMBER 2021 when London-based Art Review, one of the world’s leading international contemporary art magazines released its much-coveted Power 100 list—the annual ranking of the most influential people in the field—the art world went into a tizzy. That’s because the latest list is not topped by an artist, a gallery, a curator or even a museum. It is topped by a bit of code that has taken the art world by storm—NFT or non-fungible token.

An NFT represents a digital work of art that is completely unique and whose

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