Art Basel and UBS Release Second Episode on Collecting and Caring for Digital Art

Art Basel and UBS have released the second episode of their series 'Decoding Art in the Digital Era,' focusing on the complexities of collecting digital art. Titled 'Collecting the New,' this episode moves past the initial boom and bust of NFTs to examine how the field is maturing.

The episode addresses key aspects of digital art collection, including authentication methods that range from traditional certificates and editions to newer blockchain-based provenance systems. It highlights that preservation of digital works requires careful planning well beyond the point of purchase, especially as some artworks are designed to evolve over time, demanding a different approach to stewardship.

By bringing together collectors, dealers, and various voices from the art world, the episode emphasises that acquiring digital art often marks the beginning of an ongoing relationship with the work. Topics such as conservation, migration, and long-term maintenance are discussed to underline the responsibilities involved in caring for digital pieces.

The episode features contributions from a diverse group of participants, including Basma Al Sulaiman, Michael Spalter, Kim and Lito Camacho, Steven Sacks, Tony Lyu, Audrey Ou, Eli Scheinman, Noah Horowitz, Matthew Newton, and Carola Weise. Their insights provide a broad perspective on the challenges and opportunities in the digital art market.

Additionally, the episode considers the impact of a new generation of digitally fluent buyers entering the art world at a time when the history and canon of digital art are still being formed. This context underscores the evolving nature of digital art collecting and the importance of adapting traditional practices to new realities.

Produced by Art Basel with contributions from senior editorial and creative teams, the episode reflects a collaborative effort to deepen understanding of digital art’s place in contemporary collecting. It serves as a resource for collectors and art professionals navigating this dynamic and rapidly changing field.