Press Coverage

MarketOrders quoted in AMB Crypto about blockchain & art

Our Co-Founder & COO, Sukhi Jutla, was recently quoted in AMB Crypto article ‘Can blockchain be a good canvas for Art?’.
The journalist, Chayanika Deka, wrote:
While tokenizing art may sound appealing, according to Sukhi Jutla, Co-founder and COO at MarketOrders, it might actually “overvalue or inflate the price of the artwork” and buyers may find they are paying more for a smaller piece. She said,
“Then, there is the lack of homogeneity between different artworks, which makes it difficult to value and price a fraction of the artwork; this may lead to buyers questioning if it’s really worth the investment.”
The Co-founder went on to say that while most businesses offering tokenized art also promise that the buyer can still make money by trading the token which is backed by the asset [the artwork], such promised exchanges are yet to materialize.
You can read the full article here.