MoMA’s Madeleine Pierpont: NFTs Are Already Part of Art History

Yes, there has been a hyper-financialization in the NFT space, but I don’t really see money as a dirty word in this context. NFTs being so transparently connected to the content and art that’s being produced is not a negative thing. Transparency around that, from my perspective, is positive on the whole. That said, I think these last two years or so with the market being a bit slower – it has been a useful time enabling people to take a breath and I think we’ve seen a shuffling out of those who perhaps were less committed to ethos of the space and perhaps most focused on the dollar signs.