88% of Surveyed High-Net-Worth Art Collectors Interested in Buying NFTs - via Crypto News
about 19 months ago (10/05/2022)
88% of Surveyed High-Net-Worth Art Collectors Interested in Buying NFTs Cryptonews News 88% of Surveyed High-Net-Worth Art Collectors Interested in Buying NFTs Fredrik Vold @fredrik-vold 30 Mar 2022 · 3 min read Fredrik Vold @fredrik-vold m 88% of Surveyed High-Net-Worth Art Collectors Interested in Buying NFTs Source: Adobe/immimagery A whopping 88% of high-net-worth (HNW) traditional art collectors say they are interested in buying digital art in the form of NFTs , a new report on the art market for 2022 has found. According to The Art Market 2022 report, which is published jointly by the annual art exhibition Art Basel and Swiss banking giant UBS , activity in the market for digital art will likely remain strong in 2022, as more traditional art collectors enter the space. And while 88% of the HNW individuals who responded to the survey said that they were interested in buying NFTs, only 4% said they were “not at all interested.” The report noted the growing interest in NFTs, stating: “One of the most significant developments in the wider art industry in 2021 was the explosion of interest in NFTs, even if for now most NFT sales have been outside the traditional art market.” Further, the report also noted that more than half – 56% to be precise – of the surveyed HNW investors said that they were not just interested, but were actually planning to buy digital art.