CoinDesk's Consensus magazine recently published an article that featured the Museum of Modern Arts, Madeline Pierpont.

She said that while there's been a hyper-financialization in the NFT space, money's actually not a dirty word in art.

Now, this got me thinking, are NFTs still thriving in the art world?

In the article written by Coin desk journalist Daniel Kuhn, he says

it's sometimes easy to overlook exactly how far NFTs have penetrated into the art world,

given how thoroughly the general public has just rejected the speculation and the hype

that's become synonymous with the asset class. Major auction houses like Sotheby's and

Christie's still routinely run NFT sales and

they've been quite successful.

I spoke to Sotheby's head of digital art and NFTs, Mikhail Bukhanna, recently, to find

out just how far digital art has penetrated to the traditional art world.

And if he thinks the momentum that was gained in 2021 has

staying power, let's take a listen. Mikhail Bohana, welcome to First Mover. Thank you for having me.

I'm going to be honest, Mikhail. We haven't talked about NFTs in kind of a long time on this show,

despite the fact that everyone thinks that we are either

in a bull market or heading into a bull market that's very different than last bowl markets.

Why do you think that NFTs aren't in the headlines the same way they were during the last

bowl?

I think people start to really get interested again or curious about it when the

market hits up. And we definitely see the market being way more stronger than a few months ago.

But it's been with the help of one year, one year and a half of bare market for some, but for me it was a great

moment to really focus on the art, on identifying the real collectors who were here for the,

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