Eli Scheinman: building context, courting the traditional collector and working with Art Basel

This week we sat down with seasoned advisor Eli Scheinman to discuss his new role at Art Basel, what’s driving the market’s fresh momentum, how today’s collectors are maturing and how to frame emerging work for a more traditional crowd.

00:50 - Welcome Eli Scheinman 

02:39 - Why the market's moving 

04:30 - The trickle-down effect of big sales 

07:07 - New entrants into the space 

09:48 - The flow from collectibles and PFPs into art 

14:37 - Eli's role with Art Basel 

21:30 - Evolving in the face of a challenging market 

23:00 - How to create excitement and understanding among new audiences 

24:30 - Context is key 

28:49 - World-building, narrative and sponsorship 

33:04 - Collections as an identity layer and a discovery tool 

34:50 - Friction points when onboarding from the traditional space 

40:20 - How things have changed across cycles 

46:00 - Lower barriers to participation in the digital space and their effects

49:00 - The maturation of the core collector base 

51:10 - Kim Asendorf's PXL DEX, private sales and new points of discovery 

56:45 - Artist highlights 

01:02:40 - Social media's impact on an artists career 

Eli Scheinman: https://x.com/eli_schein

Karyn Nakamura: https://www.instagram.com/frog_spit_simulation 

Canek Zapata: https://x.com/canekzapata 

Agoston Nagy: https://x.com/_stc 

Li Yi-Fan: https://www.instagram.com/liyifanyifanli