Johnny Depp is collecting barbie dolls - did you know?

I have been thinking of this entire concept of art collecting as an investment and found that many celebrities and influential people were into it. I was wondering what you guys were thinking about it, and also if there is some crypto angle to that could be innovative or disruptive to the art field, too, tell me what you think is going to happen with it that you feel is worth knowing.

DJ Khaled is a big sneaker connoisseur. Khaled has built an entire room dedicated to his sneaker collection.

I have taken the time to do a review to the best of my ability of the current state of the art market and the investment climate around it. The first thing to note is that art investing is not a very common thing to be doing and usually is reserved for high net-worth individuals, and it is tough to make an educated decision of if one should invest or not because the art itself doesn’t have any use-value as such. And the value itself is very much a matter of what will be a fashionable status symbol to have.

On the plus side, unlike car and yachts, which cost a lot to maintain and generally depreciate as time goes by, very rarely do they go up in value, and this only happens at all after some decades have passed, giving them some value as a collectible, fine art. On the other hand, tends to go up in value and along with houses, it is one of the few luxury goods to have this property. It also works as a means of diversifying an investment portfolio, with the rule of thumb being that you should invest in whatever the market is invested in, given that you seldom have information that allows you to outsmart it. Art investing also provides a measure of recession-proofing, meaning it retains its value in times other asset classes suffer declines, it is also somewhat immune to the effects of inflation, as the increasing money supply raises the price levels of many items. Art tends to keep track with an even beat this effect. Some argue that the pure collectors, ones not in it for the money, are the ones that hold a hard floor for the price levels and are there to be found even in the hardest of times.

Leonardo DiCaprio's '11th Hour' auction

Digital art is the leading segment I am interested in at the moment, and I expect it to be the fastest growing. changes in technology have always contributed to changes in art and culture in general, the latest of these are internet and more specifically the blockchain. Though it is not that clear as to how that is going to be implemented past the Rare Pepe / CryptoKitties kind of deal and graduate into more mature sections of the art world - Something made by a professional artist - Digital Sneakers might do the trick... Whatever comes, I think it will surely happen in the coming decade.

P.S.

If you are interested in starting your own magnificent digital (art) collection...

Limited time only, a new project I am following more closely every day - Portion is offering a free Digital Sneaker!! All you have to do is sign-up using your email on Portion's Website (A beautiful web designing job by Griflan, However slow... let's be honest here.. it is TOO heavy!)

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