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Elizabeth Merritt

Does the Art World Have a Demographics Problem? | Picture This | Big Think - 1 views

  • experience of the population in our increasingly diverse and still troubled nation.” Perhaps it’s time for art museums to advocate actively for a place in the national educational curriculum, not just for their own selfish survival, but to save culture itself as a important part both of our heritage and of our future as a coalition of creatively, critically
Elizabeth Merritt

The great tax escape that is America's nonprofit sector | FT Alphaville - 2 views

    • Elizabeth Merritt
       
      Philip Hackney, @EOTaxProf, notes "same orgs were exempt back in 1862 when first income tax was enacted"
  • it turns out that the way the wealthy decide how to distribute cash is often even less fair than the way the state decides how to spend it.
  • More than half of the highly conspicuous donations of the ultra-rich were injected directly into the endowments of their already rich alma maters. Much of the rest was given to hushed museums in the form of very expensive donated art, or to other places that rich old people tend to congregate, like cultural arts centers and high-end hospitals. In other words, the funds the rich were giving went largely to institutions that tended to the needs and prerogatives of the rich and privileged.
  • ...1 more annotation...
  • DAFs were being used to sidestep rules that require foundations to make annual donations to charities.
Elizabeth Merritt

The NFT Ecosystem Is a Complete Disaster - 0 views

  • Vignesh Sundaresan, a collector known as “MetaKovan” who purchased the $69 million Beeple NFT that touched off one of the earliest hype cycles around the digital assets. MetaKovan is the financier of Metapurse, a Singapore-based investment firm that earlier this year listed its mission as to "democratize access and ownership to artwork." Metapurse has bought 20 Beeple NFTs, four virtual museums, a soundtrack, and consolidated it all into an "NFT bundle" that offers fractionalized ownership through 10 million B20 tokens. Beeple, as it turns out, happens to be a business partner of MetaKovan and owns 2 percent of all B20 tokens, while MetaKovan owns another 59 percent.
  • a landmark October study published in Nature analyzing 6.1 million trades encompassing 4.7 million NFTs since 2017: the top ten percent of traders account for nearly 90 percent of all transactions, this group trades 97 percent of all NFTs at least once, and the greatest predictor of any NFT’s value isn’t its appearance but its previous price points.
smithwarner277

writemyassignment - 5 views

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CAMLF technology museums trends experience design demographics education learning future

started by smithwarner277 on 04 Mar 22 no follow-up yet
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