In this week’s episode of the ArtTactic Podcast, we’re joined by Scott Lynn, founder of Masterworks, a startup that allows investors to buy and trade in shares of artworks. First, as an active collector, Scott tells us what motivated him to launch a company that provides others with the opportunity to have fractional ownership in artworks. Then, he walks us through how Masterworks works, including how they acquire their artworks for the platform and how individuals can purchase and trade shares of an artwork. Also, Scott reveals why they chose artworks by Andy Warhol and Claude Monet as the first two on the platform. Lastly, he discusses his plans to eventually establish a physical gallery where viewers can see the art on the platform in person and have the opportunity to purchase shares of the artwork on the spot.
|Date||17th August 2018|