Tag: Artists

Despite being lucrative, (currently valued at over 50 billion dollars) the art sector has continually faced a myriad of problems. Exaggerated prices, lack of trust and transparency, counterfeits and piracy issues are some of the major challenges facing the art industry. 2020 was exceptionally a difficult year for the art sector thanks to the pandemic which greatly affected sale of art pieces with the closure of exhibitions, museums and art galleries across the globe. As such, the industry witnessed a…