The Shape of the Market
In 2023 the NFT space moved toward assimilation into the art world. But some projects highlight the NFT market’s special properties, suggesting alternative directions for development.
Jeffrey Alan Scudder makes art under the alias Digitpain, and as one-third of the collective Whistlegraph. In the premiere of “Bear Market Diaries,” a video series for Outland that explores various web3 phenomena, Scudder discusses the social hierarchies being established by Twitter features such as Spaces and Blue, and how they could become the infrastructure of the metaverse.