​​Art Basel Miami Community Embraced Web3—But Use Cases Remain Stuck in Web2

Brands and technology platforms need to take more cues from the culture shapers


“Subdued” is not a typical description associated with Art Basel Miami. But this year, the twentieth time since the city first hosted the global art and tech fest, that’s the word that fits.

The wildly imaginative community representing luxury brands, contemporary art and emerging tech that converges in Miami at the end of every November is not known for restraint and practicality. But as talk of crypto winter set in as 2021’s NFT hype cooled, the mood in Miami last week was much more down to earth.

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