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I swear every podcast is sponsored by these days... but this is a really next level horrible trend. It removes any value of art as a shared social experience and makes into simply an investment vehicle. This is a lifeless future we need to stop.
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The first platform of its kind, @MasterworksIO purchases and then files artworks as public offerings so anyone can invest in them. But what happens to the actual paintings? “They're stored in a fine-art storage facility,” says its head of acquisitions. freak.ws/3sd9sVr
Hadn’t heard of this yet but I’ve seen other investment groups doing the same with sealed copies of NES and any other games that are “worth” big money. Hurts my brain. Depressing depressing stuff.
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