South Korea’s art market is estimated to hit about 532 billion won ($410.2 million) for the first half of 2022. Learn more about how much of this is thanks to the growing interest in NFTs as tech-savvy young people enter the art market.

ICYMI: the Korean wave is real. Over the past few decades, the world has seen the global arts, culture, and technology spheres won over — nay, dominated — by Korean creativity and innovation. Korea: Cubically Imagined, an exhibition spotlighting the nation’s leading creatives in 17 tech-powered installations, is further boosting Korea’s presence on the cultural landscape. Read more here! 

In fact, he says “Matisse’s popularity has been growing here for some time”. Recently, a surge of websites are selling posters, postcards and canvases of works by Matisse. A quick search shows there are over 22,000 items currently being sold alongside keywords such as “cafe,” “interior design” and “living room.” This craze only heightened during COVID-19 and is now a global phenom.

Cheers rose to deafening levels as a fully masked crowd of about 200 K-pop fans invited to “KCON 2022 Premier” packed into the CJ ENM Center in Sangam-dong, western Seoul, last Saturday celebrated the return of fan chants and screaming out loud. The first edition of the premiere shows leading up to the main event, “KCON 2022,” was significant as it not only marked the return of the annual global K-pop festival, but also the lifting of a noise ban imposed on audiences at concerts, as South Korea recently lifted all major social distancing rules for COVID-19.

The younger generation is working together to buy shares in art as an investment.