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

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Yes, there has been a hyper-financialization in the NFT space, but money is not a dirty word in art. Money and art are interlinked. NFTs, being so transparently connected to the content that’s being produced, is not a negative thing. That being said, in the last two years, because of the bear market, there hasn’t been as much turnover. People have had time to really focus on their projects, spend more time building and to understand what they want to communicate. There’s fewer people throwing something out there trying to make a bunch of money and then pulling away from the ecosystem.

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