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Navigating the Online Art Market

Duration: Sep 06 – Oct 4, 2021
Fee: 172€
Max seats: 30
Enroll before: Sep 2, 2021
Dedication: 3 hrs/week

The contemporary art market is undergoing profound changes as it adopts digital technologies in the presentation, commercialization, and analysis of artworks, as well as their certification, storage and production. Since the late 1990s, different actors in the art market from auction houses to entrepreneurs, artists to large galleries, have sought new ways of buying and selling art online– some more successfully than others.

This course will explore the evolution and current developments of the online art market over the last two-and-a-half decades as it rapidly grows and adapts to new demands from its customers and reaches out to wider audiences. We will analyze different trends and examine case studiesin order to understand how art is bought and sold, and what has led certain models to fail or succeed.

With knowledge of the histories and potential futures of selling art online, participants will be able to develop their own strategies for venturing into the online art market. Each week, we will discuss these subjects to elaborate an overview of the current art market and draft a prototype of an online gallery, platform or service dedicated to contemporary digital art.

Program

Week 1. Introduction
  • Presentation of the course and its participants
 
Week 2. The art market goes digital
  • Too soon to sell: online auction platforms amid the dotcom boom
  • The art market meets e-commerce
  • Digital art galleries: from differentiation to integration
  • Data, blockchain, and financialization
  • The acceleration of the art market
 
Week 3. Artists re-thinking the art market
  • The first real net art galleries
  • Strategies for selling art online
  • Experiments with cryptocurrencies and blockchain
  • Monetized graphics to NFTs
 
Week 4. Contemporary art for the long tail
  • From multiples to digital editions
  • Selling art in the app store
  • Crowdfunding and micropatronage
  • Ownership or access
  • The future of NFTs in the art market
 
Week 5. Distribution, distribution, distribution
  • Virtual shows and cyborg gallerists
  • Virtual Reality and Augmented Reality art
  • Streaming art platforms
  • Digital art frames and Smart TVs
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