"static forms of power to a more fluid model of networked authority"
"our younger generations are skeptical of centralized gatekeepers; they want access, participation, transparency, consistency, objectivity."
"We want to give collectors the power to participate in social networks in order to discover what art they like, what it means to them, how to value it and how to enjoy it with others. And we are providing our business partners with the software operating system that will enable their clients to do so in a safe and transparent ecosystem."
"In the near future, our technology will allow me to learn more about the background of the artist and the symbolism of the work, watch a video that explains his creation process, connect with other collectors who share similar tastes and sensibilities, and generate predictive insights as to the value of the work in the future."
Beowolff Capital acquired Artnet, took it private, and procured a controlling stake in Artsy to consolidate data and platform access across the art market. The strategy focuses on shifting power from centralized gatekeepers toward a networked, permissionless ecosystem that emphasizes access, participation, transparency, consistency, and objectivity. The company will provide business partners with a software operating system to let collectors discover, value, enjoy, and share art within safe, interconnected services. AI capabilities will surface artist backgrounds, symbolism, creation-process videos, collector connections, and predictive valuation insights. Short- and long-term plans center on amplifying market-makers' and artists' knowledge through data consolidation and tooling.
Read at ARTnews.com
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