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Masterworks.io, LLC

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1Press release
1 Feb 2022Latest release

About Masterworks.io, LLC

Masterworks.io, LLC is a company based in New York, United States. The News Front has published 1 press release from Masterworks.io, LLC, most recently on 1 February 2022.

Masterworks is the only platform making it possible to invest in multimillion-dollar works from artists like Banksy, Kaws, Basquiat, and many more.

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1 February 2022

Masterworks’ App Achieves 31.7% Price Appreciation in 2021 for Investors From Sale of Single Blue-Chip Artwork (Not NFTs)

Masterworks announced the sale of George Condo’s “Staring Into Space” for $2,900,000. Investors in this offering are expected to receive an estimated 31.7% IRR, net of fees, by Q1 of 2022. This is the 2nd Masterworks exit, the first being Banky’s ‘Mona Lisa,’ which sold in 2020 achieving a 32% net IRR for investors. Masterworks,…

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