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A friend who had been trading in cryptocurrencies urged the 32-year-old painter of mostly still lifes and portraits, to diversify into digital art.

Keukenmeester was preparing for an upcoming exhibition of paintings and sculptures scheduled to open in May at Jerico Contemporary gallery in Woolloomooloo, Sydney.

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The trader had observed short videos and digital images starting to sell for escalating prices, and new trading platforms springing up to sell them.

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This trend burst spectacularly into the mainstream last week when one of the world’s leading bricks and mortar art auction houses, Christie’s in London, sold its first digital artwork for an eye-watering US$69 million ($90 million).

Keukenmeester found Melbourne’s extended COVID-19 lockdown gruelling so the opportunity to render his work digitally and sell it in this burgeoning international art market was enticing.

Artist friends living in New York and London had produced works for the new auction platforms and, he says, they were selling editions for a few hundred dollars each.

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A photographer friend in London arranged for Keukenmeester to be invited to show on the curated platform Foundation, and so he set about digitising and registering his artworks. The registration cost about $100 per work and he had to pay that in Ether currency, which meant he had to first buy the currency itself.

“I haven’t got enough crypto friends, ” Keukenmeester says. “I needed about eight (supporters to trigger interest from others) and I’ve got one, so I came to the conclusion I would be better off finishing the work for my actual show.”

Keukenmeester hasn’t given up trying to build his profile in the digital market but having sniffed the wind he’s returned to working with tangible matter for now.

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To put Christie’s US$69 million sale into perspective, it ranks among the top three prices paid at auction for art by a living artist worldwide. In Australia, the record price for any artwork is $6 million paid late last year for a large 1975 Brett Whiteley Lavender Bay painting.

It was sold as an NFT, a non-fungible token, which is essentially a unique line of code the buyer has exclusive rights to.

Bonhams, which has offices in Melbourne and Sydney, doesn’t intend to auction NFT art in the immediate future but Sagharchi is excited about its potential.

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Last week Sagharchi bought his first NFT artwork, paying US$500 for a three-minute collaboration between popular NFT visual artist Slime Sunday and DJ Justin Blau.

“The way these editions work is the artist puts the work up for sale for a given time period, say one hour, and however many people buy it within one hour defines the editions, up to a max of 9999, ” he says.

This clip sold 4, 934 editions for US$333 each. The artists receive 85 percent of the US$1.6m haul and the platform, Nifty Gateway, receives 15 percent.

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“One of the dangers of crypto art is you focus too much on the crypto and not enough on the art, ” Sagharchi says.

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The Christie’s sale has mainstreamed NFTs but an acquisition by a major museum is necessary to legitimise it. So far, none of them are known to have acquired an NFT artwork.

The National Gallery of Victoria for its current Triennial commissioned and acquired a major conceptual digital video by American Turkish artist Refik Anadol.

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Called Quantum Memories the artist used quantum computing to process more than 200 million nature-related images from the internet into an algorithm.

The resulting real-time video is described as being both an alternate dimension of the natural world and a radical visualisation of our digitised memories of nature.

For consumers, the ability to own digital works for a few hundred dollars is exciting but their re-saleability is in no way guaranteed.

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Somebody has to want to buy them and if the blockchain is stored on the trading platform, as it often is, the trading platform needs to remain solvent. Some market watchers say insolvency will result in artworks being lost.

Then there are the hefty environmental costs of producing unique codes. Time magazine reported that computers working on calculations in the Etherium blockchain – mostly to mine the associated cryptocurrency – use 26.5 terawatt-hours of electricity a year, equivalent to Ireland with a population of 5 million people.

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Another concern is that, for all the glorious blue-sky opportunity, reports abound of creative theft and of artworks being broken up and redistributed. Traditional notions of the hard-won moral rights of the artist are no longer guaranteed.

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“The Oz market is maybe a year or two behind but because this trend is digital it might make its way across the pond a lot quicker but it’s inevitable. It will come.”

Find out the next TV shows, streaming series and movies to add to your must-sees. Sign up to get it every Thursday.If you’re a full-time artist, it’s important to consider the aesthetics and functionality of your studio.Not only do you want your space to be energizing but you also need a setup that optimizes your technology.So whether you’re setting up your first studio or looking to give your current space a facelift, this guide offers some helpful tips for arranging your creative space.

If you plan to use wirelessly, your Mac and iPad need to be connected to the same WiFi network. The more reliable your network signal is, the faster ’s performance will be. For the best experience, you should usethe latest802.11ac router with a5Ghz band.

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If you’re in the market for a new router, we recommend theASUS AC1750 WiFi Router. It’s super fast, has great range, and won’t hurt your wallet.

If you’re going to be spending hours at a time in your studio, then it’s worth it to outfit your Apple hardware with accessories that will help you be more productive. Pay special attention to how you setup your workspace ergonomically.

Choose a Mac stand that raises your screen to eye level. This encourages you to sit up straight, helping to relieve strain from your back and neck. For a sturdy MacBook stand with a sleek design, we like the Curve by Twelve South.

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If you’re doing a lot of heavy drawing in , consider an iPad stand designed to alleviate wrist and neck strain. For illustration work, we recommend the ParcSlope by Twelve Southor the DraftTable by Elevation Lab. Both stands are great options for elevating your iPad to a comfortable drawing position.

If you’re planning to use your iPad as a second display with Luna, we like to use the Compass 2 by Twelve South. It positions your iPad at the same level as your Mac, so you can work seamlessly between your Mac and iPad.

Your studio should feel energizing, so fill it with art and decor that spark your creativity! Here are some design tips to consider:

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Here at the Astro HQ office, we’ve decorated our space with plants, bold colors, and prints of artwork made with . The artworks serve as good reminders to put our customers first …and they look fierce!

You can also reach for a book or a print publication to find inspiration. We’re a huge fan of the Creative Pep Talk book, written by our friend Andy J. Miller (AKA Dr. Pizza, host of the Creative Pep Talk podcast). His book features illustrated words of wisdom from50 of today’s leading creative professionals, encouragingartists to stay excited, experiment boldly, and conquer fear.

Not all creativity comes when you’re sitting at your desk, so be sure to put a comfy couch or chair in your studio. Whether you’re reading a book, brainstorming, or taking a nap, it’s important to be able to relax and put your feet up.

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And here’s where you can really take advantage of ’s wireless connection. We love it when we hear about people taking time away from their desks and sketching from the comfort of their sofa. Bonus points if you invite your pet, too. 😉

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