Disruption has been the buzz business idea of the last decade. Uber, Airbnb and other champions of the sharing economy are commercial wrecking balls; iTunes, Spotify and similar have upended the music industry, while YouTube and Netflix continue to move the ground under the entertainment behemoths. Up to now, though, the art market has yet to feel the full disruptive force of the digital revolution.

There have been efforts to sell immaterial art: Sedition, launched in the UK in 2011 by Harry Blain of blue-chip galleries BlainSouthern and BlainDiDonna, offers members access to a digital vault of limited-edition works from art A-listers such as Tracey Emin, Bill Viola, Michael Craig-Martin, Elmgreen & Dragset and Jenny Holzer, with prices starting from just £5. Yet digital art remains a tiny part of the total art market: according to a recent report by British insurer Hiscox and market research company ArtTactic, online art sales currently represent 2.4 per cent of the $65bn global art market. But only 0.5 per cent of those sales are for digital art, as opposed to physical art.



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