Which way is the NFT art market headed?

WITH the collapse of the stablecoin Terra as well as the general financial doldrums, NFT art collectors have not been left unscathed. They are now following a “flight to quality”, forgoing speculative buys in favour of works deemed to have more long-term impact and value. NFT creators are also biding their time, holding off new releases as they hone their skills to create better digital art. Tomorrow’s BTLifestyle tracks the latest phase in the NFT market, in the wake of increased regulation and other challenges.

Meanwhile in the Arts, it’s the second week of the Singapore international arts festival, so our resident reviewer susses out the best productions. In Design, find out how one couple turned their almost 30-year-old apartment into a luxurious hotel-like space. And in Dining, get a taste of unpretentious Teochew fare at Yi Qian Private Dining.