Close Your Eyes and Try to Conjure a Color That You Have Never Seen Before: Insights into 2024 Art Market Trends

As major auction houses embrace cryptocurrency payments, the art market is attracting new digital-savvy collectors.
The U.S. has imposed new tariffs on art imports from Canada, Mexico, and China, ending decades of duty-free status.
Nearly 4,000 artists called for its cancellation, but with an 82% sell-through rate, the results suggest AI art is here to stay.
After 25 years in its Bayshore warehouse, SCRAP must vacate its location by June 2025 due to SFUSD’s redevelopment plans.
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