![1.png](https://cdn.steemitimages.com/DQmWQbfgdgukJYqn5rixbFf7FPSS85ksaQU1Fk2rJHt4hKp/1.png) *Johnny Depp is collecting barbie dolls - did you know?* I have been thinking of this entire concept of art collecting as an investment and found that many celebrities and influential people were into it. I was wondering what you guys were thinking about it, and also if there is some crypto angle to that could be innovative or disruptive to the art field, too, tell me what you think is going to happen with it that you feel is worth knowing. ![2.png](https://cdn.steemitimages.com/DQmQQHz3oCKcg18rSaeTGyKqWqSqb8zckZxYCCXMpvw8ygv/2.png) *DJ Khaled is a big sneaker connoisseur. Khaled has built an entire room dedicated to his sneaker collection.* I have taken the time to do a review to the best of my ability of the current state of the art market and the investment climate around it. The first thing to note is that art investing is not a very common thing to be doing and usually is reserved for high net-worth individuals, and it is tough to make an educated decision of if one should invest or not because the art itself doesnβt have any use-value as such. And the value itself is very much a matter of what will be a fashionable status symbol to have. On the plus side, unlike car and yachts, which cost a lot to maintain and generally depreciate as time goes by, very rarely do they go up in value, and this only happens at all after some decades have passed, giving them some value as a collectible, fine art. On the other hand, tends to go up in value and along with houses, it is one of the few luxury goods to have this property. It also works as a means of diversifying an investment portfolio, with the rule of thumb being that you should invest in whatever the market is invested in, given that you seldom have information that allows you to outsmart it. Art investing also provides a measure of recession-proofing, meaning it retains its value in times other asset classes suffer declines, it is also somewhat immune to the effects of inflation, as the increasing money supply raises the price levels of many items. Art tends to keep track with an even beat this effect. Some argue that the pure collectors, ones not in it for the money, are the ones that hold a hard floor for the price levels and are there to be found even in the hardest of times. ![3.jpg](https://cdn.steemitimages.com/DQmTfEv6NETdcYSUioVLfqHRgz7xy4FgC6eG13VNMRUDLds/3.jpg) *Leonardo DiCaprio's '11th Hour' auction* [Digital art](https://en.wikipedia.org/wiki/Digital_art) is the leading segment I am interested in at the moment, and I expect it to be the fastest growing. changes in technology have always contributed to changes in art and culture in general, the latest of these are internet and more specifically the blockchain. Though it is not that clear as to how that is going to be implemented past the [Rare Pepe](https://rare-pepe.com/) / [CryptoKitties](https://www.cryptokitties.co/) kind of deal and graduate into more mature sections of the art world - Something made by a professional artist - Digital Sneakers might do the trick... Whatever comes, I think it will surely happen in the coming decade. ## P.S. If you are interested in starting your own magnificent digital (art) collection... # Limited time only, a new project I am following more closely every day - Portion is offering a free Digital Sneaker!! All you have to do is sign-up using your email on [Portion's Website](https://portion.io/) (A beautiful web designing job by [Griflan](http://www.griflan.com/), However slow... let's be honest here.. it is TOO heavy!) ## Join [Portion's Telegram group](https://t.me/PortionOfficial) for the hottest updates on this amazing futuristic subject!
post_id | 63,811,362 |
---|---|
author | elvisdamond |
permlink | are-art-collectors-going-crypto-and-some-celebrity-art-collections |
category | life |
json_metadata | {"format":"markdown","app":"steemit\/0.1","links":["https:\/\/en.wikipedia.org\/wiki\/Digital_art","https:\/\/rare-pepe.com\/","https:\/\/www.cryptokitties.co\/","https:\/\/portion.io\/","http:\/\/www.griflan.com\/","https:\/\/t.me\/PortionOfficial"],"image":["https:\/\/cdn.steemitimages.com\/DQmWQbfgdgukJYqn5rixbFf7FPSS85ksaQU1Fk2rJHt4hKp\/1.png"],"tags":["life","cryptocurrency","blockchain","art","bitcoin"]} |
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cool08 | 0 | 181,496,461 | 50% | ||
cemke | 0 | 1,054,345,187 | 10% | ||
green77 | 0 | 119,856,562 | 20% | ||
sezenke | 0 | 47,140,935,932 | 100% | ||
sylinda | 0 | 194,456,870 | 50% | ||
roybrown | 0 | 329,354,809 | 20% | ||
ozlemkeskin | 0 | 242,300,965 | 50% | ||
bekirsolak | 0 | 238,872,598,215 | 100% | ||
smart-shaegxy | 0 | 247,397,479 | 50% | ||
sir.skillful1 | 0 | 133,083,473 | 20% | ||
bos-giok | 0 | 442,232,665 | 50% | ||
kapiten.ak47 | 0 | 248,292,454 | 50% | ||
nandaibra | 0 | 164,454,873 | 50% | ||
oguylmz | 0 | 247,136,704 | 50% | ||
salihp | 0 | 240,687,366 | 50% | ||
hulyadurak | 0 | 240,687,346 | 50% | ||
nyakrahmat | 0 | 168,885,676 | 50% | ||
andresquij | 0 | 125,626,364 | 30% | ||
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liderkarabulut | 0 | 133,080,095 | 30% | ||
ulqu3 | 0 | 417,296,460 | 20% | ||
trsteemer | 0 | 60,731,608 | 35% | ||
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atilay | 0 | 241,415,261 | 50% | ||
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lorenzopistolesi | 0 | 322,104,784 | 5% | ||
elmicta | 0 | 308,670,528 | 50% | ||
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muammark013 | 0 | 252,383,869 | 50% | ||
dauntlesscoward | 0 | 232,958,022 | 50% | ||
oluwashinaayomi | 0 | 125,417,204 | 30% | ||
lazovicov | 0 | 247,754,869 | 50% | ||
sanne | 0 | 339,647,358 | 50% | ||
geekmind | 0 | 247,773,097 | 50% | ||
ehizzy | 0 | 310,331,237 | 50% | ||
windofrebel | 0 | 245,607,506 | 50% | ||
langtubk9x | 0 | 323,955,936 | 50% | ||
celebritypoet | 0 | 224,733,632 | 50% | ||
janebirkin | 0 | 234,221,786 | 50% | ||
syahrin | 0 | 176,133,491 | 50% | ||
resteemdone | 0 | 301,571,880 | 60% | ||
anyuta-rai | 0 | 106,895,831 | 30% | ||
irsyadillah | 0 | 71,635,051 | 20% | ||
ensshkrt | 0 | 199,261,438 | 50% | ||
introduce.bot | 0 | 802,543,335 | 1% | ||
pablorg94 | 0 | 232,388,148 | 60% | ||
princezico | 0 | 181,605,127 | 50% | ||
quimberly | 0 | 246,750,857 | 50% | ||
thecryptohouse1 | 0 | 6,718,443,062 | 100% | ||
asoju | 0 | 620,589,238 | 50% | ||
princessvanessa | 0 | 5,072,618,886 | 20% | ||
masaitv | 0 | 739,429,422 | 20% | ||
fittree | 0 | 251,248,241 | 50% | ||
venicejacobella | 0 | 132,830,050 | 30% | ||
razor40 | 0 | 851,198,755 | 100% | ||
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gbindinazeez | 0 | 325,381,391 | 50% | ||
loveforlove | 0 | 241,542,284 | 50% | ||
sumonflair | 0 | 242,077,347 | 50% | ||
davesmart | 0 | 248,444,289 | 50% | ||
venustory | 0 | 220,635,886 | 50% | ||
kofie | 0 | 246,561,582 | 50% | ||
mikemaynard | 0 | 640,968,391 | 100% | ||
adielabbas | 0 | 689,550,820 | 100% | ||
alien-mastermind | 0 | 154,955,139 | 50% | ||
djaay | 0 | 271,618,097 | 50% | ||
nawiaceh | 0 | 169,625,306 | 50% | ||
akineton | 0 | 792,686,558 | 50% | ||
elvisdamond | 0 | 528,403,798 | 100% | ||
mdtouhid | 0 | 248,326,211 | 50% | ||
rf-abol | 0 | 250,858,018 | 50% | ||
jakedavis224 | 0 | 12,365,405,236 | 50% | ||
tanbu | 0 | 228,436,663 | 50% | ||
alphabot | 0 | 31,236,696 | 1% | ||
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josephparker | 0 | 553,213,787 | 100% | ||
sha0ran | 0 | 558,778,444 | 100% | ||
aviralpathak | 0 | 535,632,819 | 100% | ||
maglerky | 0 | 247,942,553 | 50% | ||
kryptolocco | 0 | 557,930,699 | 100% | ||
imkinggirl | 0 | 251,888,049 | 50% | ||
adriangiotto | 0 | 556,343,454 | 100% | ||
davinson2 | 0 | 233,449,599 | 100% | ||
luzdana | 0 | 556,287,764 | 100% |
with how art has been performing during the last few decades there is no wonder the rich and powerful are treating it like stocks or real estate, no way for the little guy to get in on the action as per usual
post_id | 63,812,068 |
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author | oliviaarden |
permlink | re-elvisdamond-are-art-collectors-going-crypto-and-some-celebrity-art-collections-20181007t130213200z |
category | life |
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elvisdamond | 0 | 518,820,829 | 100% |
this is slowly turning around, here is a link for you ...https://www.investmentnews.com/article/20180925/FREE/180929946/masterworks-is-opening-fine-art-investing-to-the-masses
post_id | 63,812,298 |
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author | elvisdamond |
permlink | re-oliviaarden-re-elvisdamond-are-art-collectors-going-crypto-and-some-celebrity-art-collections-20181007t130723500z |
category | life |
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created | 2018-10-07 13:07:30 |
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I wonder why that hasn't caught up as much, there are probably some problems with these guys, the concept seems solid
post_id | 63,812,500 |
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author | nathanadler |
permlink | re-elvisdamond-re-oliviaarden-re-elvisdamond-are-art-collectors-going-crypto-and-some-celebrity-art-collections-20181007t131207300z |
category | life |
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created | 2018-10-07 13:12:12 |
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people are catching up to art investing in a big way, markets for digital art are getting institutional investors on board, these guys are going to try to tap the the sneakers market,e https://www.techbullion.com/portion-blockchain-is-creating-a-collectable-and-tradeable-digital-custom-designed-sneakers/
post_id | 63,813,291 |
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author | nathanadler |
permlink | re-oliviaarden-re-elvisdamond-are-art-collectors-going-crypto-and-some-celebrity-art-collections-20181007t132736500z |
category | life |
json_metadata | {"app":"steemit\/0.1","links":["https:\/\/www.techbullion.com\/portion-blockchain-is-creating-a-collectable-and-tradeable-digital-custom-designed-sneakers\/"],"tags":["life"]} |
created | 2018-10-07 13:27:42 |
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the crypto angle for the art market is pretty fascinating to me, in the long run one of these projects are going to the moon, no stopping it
post_id | 63,813,384 |
---|---|
author | josephparker |
permlink | re-nathanadler-re-oliviaarden-re-elvisdamond-are-art-collectors-going-crypto-and-some-celebrity-art-collections-20181007t132921700z |
category | life |
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bitcoinfox | 0 | 521,966,998 | 100% |
none of this is going to go on, this is total bubble pricing fueled by cheap money
post_id | 63,814,726 |
---|---|
author | rickdevorne |
permlink | re-oliviaarden-re-elvisdamond-are-art-collectors-going-crypto-and-some-celebrity-art-collections-20181007t135451400z |
category | life |
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created | 2018-10-07 13:54:57 |
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you guys have been saying that for ten years now and been proven wrong for so long, people should really stop listening to you by now but there is always people willing to listen to doomsday predictions, taps in to something deep inside I guess
post_id | 63,814,913 |
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author | josephparker |
permlink | re-rickdevorne-re-oliviaarden-re-elvisdamond-are-art-collectors-going-crypto-and-some-celebrity-art-collections-20181007t135752500z |
category | life |
json_metadata | {"tags":["life"],"app":"steemit\/0.1"} |
created | 2018-10-07 13:58:03 |
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bitcoinfox | 0 | 557,682,936 | 100% |
crown prince of Saudi Arabia disagrees with you..https://www.businessinsider.com/saudi-arabia-crown-prince-mohammed-bin-salman-da-vinci-painting-2017-12
post_id | 63,814,972 |
---|---|
author | dominicmatias |
permlink | re-rickdevorne-re-oliviaarden-re-elvisdamond-are-art-collectors-going-crypto-and-some-celebrity-art-collections-20181007t135902600z |
category | life |
json_metadata | {"tags":["life"],"links":["https:\/\/www.businessinsider.com\/saudi-arabia-crown-prince-mohammed-bin-salman-da-vinci-painting-2017-12"],"app":"steemit\/0.1"} |
created | 2018-10-07 13:59:06 |
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interesting point, I wonder how expensive art handles in deep recession or crisis, if it behaves anything like other luxury goods, the downside is epic
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---|---|
author | codysamuelson |
permlink | re-rickdevorne-re-oliviaarden-re-elvisdamond-are-art-collectors-going-crypto-and-some-celebrity-art-collections-20181007t141648800z |
category | life |
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created | 2018-10-07 14:16:54 |
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bitcoinfox | 0 | 545,533,497 | 100% |
you have to have a pretty high net-worth for that to be a possibility for you, you can pretty much tell that the high cap ones are going to continue going up for ever, but the whole point is catching a piece early on
post_id | 63,816,158 |
---|---|
author | mikemaynard |
permlink | re-elvisdamond-are-art-collectors-going-crypto-and-some-celebrity-art-collections-20181007t142055400z |
category | life |
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created | 2018-10-07 14:21:00 |
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bitcoinfox | 0 | 485,219,200 | 100% |
I don't know about sponsoring an artist on his way up, but if you believe the expensive stuff will continue to go up, there might be a point in selling shares of an work somehow, the fiat way of doing it would be to make a holding company for the picture or whatever it is and selling shares of that company to investors, but that's very expensive and would only be avilable to accredited investors
post_id | 63,816,614 |
---|---|
author | sha0ran |
permlink | re-mikemaynard-re-elvisdamond-are-art-collectors-going-crypto-and-some-celebrity-art-collections-20181007t142759200z |
category | life |
json_metadata | {"app":"steemit\/0.1","tags":["life"]} |
created | 2018-10-07 14:28:06 |
last_update | 2018-10-07 14:28:06 |
depth | 2 |
children | 2 |
net_rshares | 499,333,900 |
last_payout | 2018-10-14 14:28:06 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
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root_title | "Are art collectors going crypto? and some celebrity art collections" |
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author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
bitcoinfox | 0 | 499,333,900 | 100% |
probably wasn't even done before, that would have sounded crazy just a few years ago but today it makes sense in a weird sort of way
post_id | 63,816,782 |
---|---|
author | mikemaynard |
permlink | re-sha0ran-re-mikemaynard-re-elvisdamond-are-art-collectors-going-crypto-and-some-celebrity-art-collections-20181007t143100800z |
category | life |
json_metadata | {"app":"steemit\/0.1","tags":["life"]} |
created | 2018-10-07 14:31:18 |
last_update | 2018-10-07 14:31:18 |
depth | 3 |
children | 1 |
net_rshares | 510,531,878 |
last_payout | 2018-10-14 14:31:18 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
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author_reputation | 36,215,033,301 |
root_title | "Are art collectors going crypto? and some celebrity art collections" |
beneficiaries | [] |
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voter | weight | wgt% | rshares | pct | time |
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bitcoinfox | 0 | 510,531,878 | 100% |
Congratulations @elvisdamond! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) : [![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/votes.png)](http://steemitboard.com/@elvisdamond) Award for the number of upvotes [![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/commented.png)](http://steemitboard.com/@elvisdamond) Award for the number of comments received <sub>_Click on the badge to view your Board of Honor._</sub> <sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub> **Do not miss the last post from @steemitboard:** <table><tr><td><a href="https://steemit.com/spanish/@steemitboard/presentamos-el-ranking-de-steemitboard"><img src="https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmfRVpHQhLDhnjDtqck8GPv9NPvNKPfMsDaAFDE1D9Er2Z/header_ranking.png"></a></td><td><a href="https://steemit.com/spanish/@steemitboard/presentamos-el-ranking-de-steemitboard">Presentamos el Ranking de SteemitBoard</a></td></tr><tr><td><a href="https://steemit.com/steemitboard/@steemitboard/introducing-steemitboard-ranking"><img src="https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmfRVpHQhLDhnjDtqck8GPv9NPvNKPfMsDaAFDE1D9Er2Z/header_ranking.png"></a></td><td><a href="https://steemit.com/steemitboard/@steemitboard/introducing-steemitboard-ranking">Introducing SteemitBoard Ranking</a></td></tr></table> > Support [SteemitBoard's project](https://steemit.com/@steemitboard)! **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!
post_id | 63,953,614 |
---|---|
author | steemitboard |
permlink | steemitboard-notify-elvisdamond-20181009t194820000z |
category | life |
json_metadata | {"image":["https:\/\/steemitboard.com\/img\/notify.png"]} |
created | 2018-10-09 19:48:18 |
last_update | 2018-10-09 19:48:18 |
depth | 1 |
children | 0 |
net_rshares | 0 |
last_payout | 2018-10-16 19:48:18 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
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promoted | 0.000 SBD |
body_length | 1,702 |
author_reputation | 38,705,954,145,809 |
root_title | "Are art collectors going crypto? and some celebrity art collections" |
beneficiaries | [] |
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percent_steem_dollars | 10,000 |