Gary Vaynerchuk and Gallerist Vito Schnabel Partner up to Launch ArtOfficial

The crypto world was hit hard today after China's most powerful regulators made it illegal to use all forms of cryptocurrencies for transactions. Subsequently, the price of bitcoin plummeted by more than $2,000. However, there are many within the community who are adamant about the emerging currency and art market. Gallerist Vito Schnabel and entrepreneur Gary Vaynerchuk are two such figures, who announced that they will join forces on a new independent NFT platform called ArtOfficial.The name i...