FAL WIRE

The End of the ICO Honeymoon With the Initial Coin Offering (ICO) 'honeymoon' brought to a slowdown by US regulatory action, the true effect of the ICO boom has been laid bare. 2017 saw the peak in ICO activity, with issuers raising substantial funds on the back of tokens minted with nothing underpinned other than the bold promises of management and a unique digital token. In essence, these ICO investors invested in nothing more than tokens rendered authentic and unique by b

Christie’s inaugural Art+Tech Summit brought together leading voices from the fine art, legal, financial, and blockchain sectors to discuss how blockchain technology could reshape the art market. From questions of authenticity and immutable title to institutional skepticism and opportunity, the event marked an important step toward industry-wide acceptance of blockchain as a tool for securing fine art provenance and ownership.