Term of the Week: Orange Economy

By Ashmita Chowdhury, Deputy Editor The Orange Economy refers to the economic dimensions of creativity—that is, the consumption, production and exchange of creative goods and services.  It refrains from having a conclusive definition to avoid being antithetical to the very idea of creativity, however, in its essence, it banks on the creative and intellectual capital [...]

Are NFTs Revolutionising the Art World?

by Shreyanka Pal, Deputy Editor Last month, Mike Winklemann, under the pseudonym Beeple, auctioned a digital art piece for $69 million. Let that sink in. The buyer, MetaKovan, paid $69 million for the “ownership” of a digital painting that conferred no actual rights – he doesn’t own the copyright, didn’t get a physical print and, [...]