DiCaprio invested in an art-based start-up
Leonardo DiCaprio has invested in an application of the Magnus company. The app, named Shazam for Art, is designed to enable users to recognize artworks as well as Shazam application recognizes music. The impulse for the founder Magnus Resche was the lack of transparency in the art market. Users of the application can find out the key information about the art work, its name, the artist's name, the year of creation, the history of exhibitions, the price or a list of similar works of art. It is definitely an interesting move that can replace poor or fraudulent sellers. The number of 20,000 collaborating galleries and 10 million works in the database is a truly respectable amount. It is certainly difficult for verification which is the basis for the entire application. It is possible that the connection of technology and art trade is promising and DiCaprio will make a good investment, but that will prove over time.
Shazam for Art reminds those who are trying to prevent the spread of counterfeits along with selling the art. Such attempts have also appeared in the Czech Republic. It is true that those who are in the art world are sceptical about it, claiming that the data and the correct data must be first entered into the application so that it will be able to make a comparison. This is certainly no simple matter. Even about this journey only time will decide whether it is the right way to go or not. Along the way, the users will decide.
Fake Modigliani at an exhibition in Italy - no surprise!
In the spring 2017, an exhibition of 21 paintings by Modigliani was held at the Palazzo Ducale in Genoa. 21 paintings were seen by tens of thousands of visitors. The authenticity of these artworks was questioned by Carlo Pepi, a Tuscan art expert. The exhibition was subsequently closed.
Marc Restellini, a French Modigliani expert, says that in the world there are “at least a thousand fake Modigliani’s works.” Maybe there is even more. This information is not surprising. If something is expensive and sought for it is being faked. Because it is so tempting. In 2015, a Chinese art collector paid 170 million dollars for a painting Nu couché (Lying nude)in an auction in New York. You can read the whole story of the unsuccessful exhibition here. I have wondered about the Modigliani exhibition in the Municipal House in Prague in 2010. Were there some fakes too? What was the source of the exhibited artworks? An exhibition of Natalia Goncharova in Hluboká reminds a little of this Genoa’s exhibition. It was also terminated earlier. Such exhibitions might have only one purpose, which is to legalize counterfeits by a realized exhibition which is subsequently listed in the CV of an artwork with a reference to the catalogue.