After reading the article, "'The Most Expensive of All Time' Is Being Sold for $5800" I was not very surprised that it had not sold. I do not really understand how someone can justify buying something for $5800 when it is online, especially things like a GIF. After Michael Green recreated the statue “Balloon Dog” by Jeff Koons, it really helped me see how the future of art is changing. The internet is slowly but surely making a big difference in the world and has changed many artist main art medium because it is easier to make and sell everything online. I still don't fully get some online things such as NFT's or Cryptocurrency because they are not real things, they are just made for the internet.
In a way though I do understand why he would price his artwork so high because it most likely did take him a long while to create the whole animation. I think that him raising the price to make it seem more valuable is a smart move in the real world but the fact that it was online, I don't see how that can help sell a piece of artwork because something that is not tangible makes it harder for people to justify spending money on it. In the article, they mention that art is worth however much the highest bidder says that it is worth and I find this very true. How are artists able to put a price on their artwork and what are the factors that are put into deciding the price? Art is still a total mystery to me and I want to continue to learn more about it.
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