Understanding Nifty Gateway’s demise is paramount for NFTs’ fans and critics alike

Nifty Gateway, a once-prominent curated NFT marketplace, has announced its closure after failing to achieve its ambitious goal of converting one billion people into NFT owners. The platform, which initially succeeded by focusing on digital art sales, leveraged social media metrics like Instagram popularity to select artists such as Kenny Scharf, Filip Hodas, and FVCKRENDER, favoring a pop-centric, visually digestible aesthetic.

Nifty Gateway has shut down, but NFTs are not dead—they are evolving

Nifty Gateway, a major NFT marketplace launched in 2020, permanently shut down in February 2026. Its closure coincided with a severe cryptocurrency market sell-off, adding to a list of defunct NFT exchanges and contributing to the perception of a market collapse.

Museum as Networked Modality

The article examines the evolving and often problematic relationship between museums and digital art. It highlights the institutional struggle to define and categorize works that use contemporary technologies like AI, blockchain, and robotics, noting that canonical figures like Leo Villareal, Jenny Holzer, and Andreas Gursky are often excluded from the "digital art" label. The piece cites specific examples, from Harold Cohen's early algorithmic work to Sougwen Chung's robotic collaborations and Rhea Myers's responsive NFTs, to illustrate the diverse and transmedia nature of these practices.

Court Decision Ends Dispute Over Who Actually Bought Beeple’s Everydays: The First 5000 Days for $69.3 M.

A federal judge in New York has approved a final settlement in a lawsuit between the two pseudonymous figures behind the record-breaking $69.3 million purchase of Beeple's NFT "Everydays: The First 5000 Days." The agreement legally prohibits Anand Venkateswaran (Twobadour) from claiming any involvement in the 2021 Christie's purchase, confirming that Vignesh Sundaresan (Metakovan) was the sole buyer. Venkateswaran must also pay an undisclosed sum, dissociate from related online profiles, and correct third-party biographical information.

Ex-Sotheby’s CEO Tad Smith Banks on NFTs, Agrees to Buy Collectibles Platform Candy Digital

Tad Smith, former CEO of Sotheby's and current chairman of the NFT project Doodles, has agreed to acquire most of the assets of the digital collectibles platform Candy Digital. Upon the deal's expected closure in the coming weeks, Smith will also assume the role of CEO, signaling a significant personal and financial bet on the future of the sector.

MCA Australia accepts NFTs as payment for entry to exhibition on Art and Artificial Intelligence

The Museum of Contemporary Art Australia (MCA) has announced it will accept Non-Fungible Tokens (NFTs) as a form of payment for entry to its upcoming exhibition focused on the intersection of art and artificial intelligence. This experimental initiative allows visitors to utilize digital assets to gain access to the museum, marking a significant integration of blockchain technology into the physical museum experience.

The recovery of the art market, collecting trends, and other analyses in the newly published report

La ripresa del mercato dell’arte, i trend del collezionismo e altre analisi nel nuovo report appena pubblicato

The global art market has returned to growth in 2025, recording a 4% increase compared to the previous year despite geopolitical tensions and financial uncertainty. According to the fourth edition of the "Collectors and the Value of Art in Italy 2026" report by Intesa Sanpaolo Private Banking, buyers are increasingly shunning speculative assets like NFTs and ultra-contemporary art in favor of established categories. Significant growth was noted in Modern art, Impressionism, and Old Masters, signaling a flight to quality and historical stability.