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Art Market

Mieke Marple

The bakery industry has been growing in popularity in recent years, so much that in China, it has 10% of the food and beverage market share. This spike in growth owes to increasing demand for western cuisines in major cities, worldwide. Other known drivers are locals’ changing lifestyles, high standards of living, and ballooning disposable incomes.

According to research, the bakery industry generates yearly revenue of $30 billion and is expected to be worth $436.91 billion by 2026. This statistical data points to a robust market, in which any interested individual can participate. And what better way to start a

Non-fungible tokens are making their way into the merchandising arena, and that has both retailers and Web3 creators excited about the collaboration between markets.
Most recently, downtown-based Toonstar, a Web3 animation studio, and retailer Hot Topic Inc. announced a partnership that will result in the sale of NFTs and other Web3 products in physical stores and online.

Web3 is the futuristic vision of the internet that includes block chains and token-based vehicle such as NFTs.
NFTs function like other cryptocurrencies except each token has its own unique serial number, meaning it is attached to its own image, music or membership.

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As an art history and economics major,
Bettina Huang
wanted to work in the art world. However, when the native New Yorker got her dream job at Christie’s, working on contemporary art auctions, she found herself disappointed. 

“The traditional art industry was one very much rooted in relationships and elitism, and a place that was averse to innovation,” Huang says. “That… felt contrary to what I care about.”