"NFTs have remained a constant presence," says Larisa Barbu

Remember NFTs? Back in 2021, they were the very future of art, with high profile NFT artworks fetching eye-watering prices at auction. And then it ended. The close connection between NFTs and cryptocurrencies turned out to be weakness in the market, and the collapse in the price of bitcoin and ether in 2022 was a big blow to the market.

However, while it might not be making as much news these days the NFT art market still exists, and it's been seeing something of a resurgence. In fact, the digital fine art marketplace Exchange.art says its sales were up by 1000% in December 2023. We caught up with Larisa Barbu, the platform's CEO, to learn what's change and how she expects the digital art market to evolve.

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Joe Foley

Joe is a regular freelance journalist and editor at Creative Bloq. He writes news, features and buying guides and keeps track of the best equipment and software for creatives, from video editing programs to monitors and accessories. A veteran news writer and photographer, he now works as a project manager at the London and Buenos Aires-based design, production and branding agency Hermana Creatives. There he manages a team of designers, photographers and video editors who specialise in producing visual content and design assets for the hospitality sector. He also dances Argentine tango.