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ArtForecaster

What is ArtForecaster? 

Since 2014, ArtForecaster has been running weekly forecasting competitions based on artworks coming up in international auctions. The competitions are attracting art professionals from the auction industry, art advisors, art appraisers, dealers and collectors, but it has also become an important ‘boot-camp’ and talent development platform for individuals just starting or about to embark on their career in the art world. The community is truly global and today we have players from 93 countries represented on the platform.

What are the benefits of playing?

Gamification and Education: Besides the addictive nature of competing against others and the thrill of putting your own skills to the test, the game itself was set up as an educational tool to help you gain a better understanding and feel for how the auction market works and how value is determined and influenced.

Rewards: We also reward our players with ‘Player Points’ for every quiz they play (including ‘practice quizzes’), which can be redeemed in online courses provided by ArtTactic. These courses are covering topics from art market analysis, fair value assessment to trends and developments in art as an asset class. 

Talent scouting: We use ArtForecaster as a talent scouting tool to find individuals that demonstrate a strong understanding and forecasting accuracy in the auction market. Many of these are now contributing to many of ArtTactic’s research projects such as NextGen Artist Monitor and our 6-monthly Art Market Confidence Report.