A leading online art marketplace, art market data and analytics provider, and global newswire, announced “ArtNFT”: this is Artnet AG’s launch of its on-chain NFT platform, its NFT Advisory Board, and ‘Artnet NFT 30’ report.
Artnet AG is listed in the Prime Standard of the Frankfurt Stock Exchange, the segment with the highest transparency standards. The majority of operations are run through its wholly-owned subsidiary, Artnet Worldwide Corporation, a New York based entity founded in 1989. Artnet Worldwide Corp. owns a London based subsidiary, Artnet UK Ltd.
Artnet’s marketplace connects leading galleries and auction houses with artnet’s global audience, offering a curated selection of over 250,000 artworks for sale worldwide. Artnet Auctions, the pioneering online-only auction platform, offers unprecedented reach, liquidity, and efficiency.
“As a pioneer of the online art industry, artnet is perfectly positioned to embrace the NFT space. Our goal is to bridge the gap between the crypto community and the traditional world of fine arts,” said Colleen Cash, Vice President of Artnet Auctions.
Artnet has an unparalleled 60 million unique users annually, making it the largest global platform for fine art. Founded in 1989, Artnet has revolutionized the way people discover, research and collect art today.
ArtNFT, Artnet’s first, on-chain NFT platform will launch on December 15, 2021, with a curated selection of works from the community’s top NFT artists. As an on-chain platform, Artnet’s goal is to provide collectors with a transparent, efficient, trustworthy, and integrated experience in their discovery and purchase of NFTs.
In order to provide the best possible works and user experience, Artnet also established an NFT advisory committee, bringing together industry experts and market and opinion leaders in the field.
Alongside the ArtNFT platform, Artnet will also publish its ‘Artnet NFT 30’ report, sponsored by ApeNFT. Harnessing the expertise of the Artnet News team and market data, the report shall provide a deep analysis of the NFT space and the people shaping its future. The development must be observed by everyone who deals with art ratings. Artnet’s data is a mission critical resource for the art rating industry, with a database of more than 15 million auction results and AI and ML driven analytics providing an unparalleled level of transparency and insight into the art market.
With the simultaneous release of the ArtNFT auction platform, the ‘Artnet NFT 30’ report, and supporting interviews with key players, Artnet is poised to become a destination for NFT artists, collectors, and professionals – continuing the company ethos of spearheading transparency, innovation, and positive change for the art industry. “The NFT world has built a multi-facetted community, and we are excited to introduce ArtNFT as a space to discover and engage with these cutting-edge works. With this launch, we are combining artnet’s global reach, knowledge and expert curation to deliver an integrated experience for the digital art world,” explained Artnet CEO Jacob Pabst.
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