In a climate where traditional government arts funding is increasingly volatile, artists and small arts organisations across Australia are forging new financial paths to stay afloat. The shift is not just about diversification; it’s a transformation in how art is produced, shared and sustained.
These shifts mark a move away from hype-driven sales towards long-term, infrastructure-focused solutions – ones that may prove more meaningful to working artists than the high volatility of early NFT markets. Yet engagement remains niche, and many artists remain sceptical of blockchain’s environmental costs and equity implications.
