Bloomberg | Katya Kazakina:
By investing in the domain, .art, Ulvi Kasimov hopes to bring digital order to a market that can suffer from mystery, forgery, and an aversion to new technological tools.
For $25 million, investor Ulvi Kasimov could have bought a decent Picasso to enjoy—or flip in a few years. Instead the London-based businessman has spent that amount on something much less tangible: an internet domain. Kasimov’s company, UK Creative Ideas Ltd., outbid nine rivals ….read more
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