Out with the new, in with the old?

As if you hadn’t noticed, this is a coming-of-age moment for Web3. Just as major Art Basel galleries are joining the Zero 10 digital art initiative, with blue-chip houses like Hauser & Wirth, Esther Schipper, and Marian Goodman committing serious floor space to digital practices, NFC Summit is putting art first at its new factory site even as it seeks to sustain the event’s crypto-friendly culture.

For years, blue-chip galleries have avoided association with anything even NFT adjacent. That they are finally willing to accept the hybrid reality of contemporary art reflects both the instability of the traditional market and the concerted efforts of Art Basel, whose CEO Noah Horowitz regards digital art as a cornerstone of their future strategy. If the cancellation of this year’s planned edition of NFT Paris augured ill for the fragile Web3 ecosystem, Arab Bank Switzerland has helped to support the continuation of NFC Summit, sharing highlights from its collection along with its own resources.

Sadly for the emerging artists of Web3, the economic outlook remains bleak; and it is notable that none of the seven traditional galleries joining Zero 10 have yet embraced art on the blockchain. All of which leads one to ponder whether institutional validation is in fact closing doors for the new generation, entrenching a familiar walled garden.

Danielle King, Head of Community at Right Click Save

Features

Rafael Lozano-Hemmer, Broken Mirror, Ono, 2026. Courtesy of the artist, Antimodular Studio, bitforms, and Max Estrella

Exterior view of the Unicorn industrial complex, Lisbon. Courtesy of NFC Summit

Opening

Es Devlin drawing in front of A National Portrait at the National Portrait Gallery, London. © PQ Neiman, National Portrait Gallery. The work, which updates with each new submission, will scroll on screen at the gallery in randomized order until June 14, 2026

Liam Young, (Still from) After the End, 2024. Courtesy of the artist

Patrick Tresset, Human Study #1, Cannes, 2026. Courtesy of ArtVerse Paris. Read more about the artist’s life and career in our recent interview and sign up to participate.

A show of “shared frequencies that never fully resolve”, “Cross Talk” brings together works by Ana González, Cacie Rosario Jackson, Sol Kim, Dylan Li, Jingyi Ling, Noa Mori Machover, and Shay Myerson, hosted by Do Tuong Linh. Image courtesy of Nguyen Wahed

Prizes

Portrait of Gozo Yoshimasu (left) and the artist’s Voix I, 2019–21. Portrait photography by Masashi Asada. Painting © Gozo Yoshimasu. Courtesy of Take Ninagawa, Tokyo.

RETRO

Installation view of “6 Robots Named Paul” with Patrick Tresset drawn by Human Study #1. Merge Festival, 2012. Curated by Illuminate Productions. Photography by Tommo. Courtesy of the artist

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