People who want to leave their residences and experience their region or country can ride the nonfungible token wave with actual exhibitions and galleries that will open in the second half of 2021 — some of which have already opened their doors — as restrictions appear to be lessening for many.
Is there going to be one in your region soon? Is there one that’s already open? Are you planning a domestic or international trip and wish to visit a medium of art that appears out of reach?
Let’s take a look at nine galleries from Australia, Europe, and the United States that are blurring the barrier between reality and the Metaverse, as well as a handful that can only be seen in the Metaverse.
Le’s get going!
The Museum of Art and Philosophy: Hobart, Australia
The Museum of Art and Philosophy in Australia, an NFT-focused exhibition, will include artists who were previously featured in its print periodicals, New Philosopher and Womankind. The exhibit’s curators decided that a real exhibition would be a terrific way to display NFTs in a way that allows visitors to walk in and see them for themselves after researching the NFT explosion.
From June 16 to 22, the opening will coincide with Hobart’s “Dark Mofo” festival, inviting everyone to come discover what NTFs are all about.
Two Russian galleries are planned or have already organized galleries and shows to showcase and educate people about contemporary art and NFTs. These galleries intend to open their doors to the world of digital art and NFTs, just as they have to football fans.
Underground Museum: Moscow, Russia
Visitors to the Underground Museum in Moscow’s Zaryadye Park can witness works by modern Russian artists as well as a few features by Russian NFT artists. The pieces and exhibition will rotate every two weeks, and the NFTs on display in this gallery will be auctioned off on Rarible.
Here’s an excerpt from Fayaz Azizov’s NFT film “Waves” from the second “Sovrisk #Onstream” exhibition, which premiered on May 20.
Hermitage Museum: St. Petersburg, Russia
Although little is known about the exhibition’s actual opening, the world-renowned Hermitage Museum is planning to open a gallery presenting and discussing NFT art, as well as presenting lectures led by ITMO University speakers and museum officials and curators. This research will be the first in Russia to evaluate the utility of NFTs and the ways in which their work can challenge existing copyright control and ownership.
Three European galleries have devoted themselves to exhibiting NFTs, revealing how the new era of digital and blockchain art has the potential to create a new art movement.
Kiwie Space: Riga, Latvia
The Kiwie 1001-hosted Kiwi Space showroom features a variety of NFT artists and their contributions to the NFT space. This public exhibition, held at the 100-year-old Galerija Centrs, features up-and-coming NFT artists as well as all that is new in the digital art sphere, as voted by Kiwie 1001’s Discord users. The exhibition began in early June, so if you want to support emerging artists and a potential sector, make your way to Riga.
Francisco Carolinum Linz: Linz, Austria
The “Proof of Art” exhibition, which runs from June 11 to September 15, is billed as “one of the world’s first displays of everything NFT: the history, applications, future projections, and the implications that nonfungible tokens will have on the art world.”
The museum’s focus will be on educating visitors about the world of NFTs, ensuring that the general public is aware of what is going on and how it all works. To bring the enthusiasm home, Francisco Carolinum Linz has built its museum online using Ethereum-based Cryptovoxels, ensuring that anyone interested in learning about NFTs may do so in a pleasant environment.
Museum of Modern African Art: Amsterdam, Netherlands
This is the last week to view the first NFT gallery to open in Amsterdam, featuring pictures of African kings and queens, which is a feat of perfection. This artist, also known as “The Portraitist,” has an exhibition of NFTs of African rulers on show at the Museum of Modern African Art (MoMAA), which is one of the first to publicly represent African art and history on the blockchain and in the NFT community. The Portraitist’s work will be on display until June 18.
Heading into the New World
This summer, three noteworthy exhibitions will debut in the United States, as citizens relish the fresh air and open galleries. They join together with one purpose in mind: to promote the world of NFT art. They span three different regions of the country and three different cities, each with its own unique culture and atmosphere.
Blackdove: Miami, FL
With Miami increasingly becoming a hotbed for all things blockchain, the Blackdove gallery is a perfect fit for changing people’s minds about NFTs. With more than 100 NFT art pieces contributed by more than 50 foreign artists, this exhibit is destined to make ripples in the crypto community.
Visitors to Blackdove, which opened on June 3, have the option to purchase an NFT on the spot, allowing them to directly support artists while also having the opportunity to possess a piece of this new modern, digital art.
imnotArt: Chicago, IL
The designers of the imnotArt metaverse decided to expand out into the streets of Chicago with the city’s first brick-and-mortar NFT gallery after building their own online NFT gallery.
The gallery debuted on June 3 and advertised itself as “not a pop-up.” The gallery’s creators hope to pioneer a new approach to bring physical reality and the Metaverse together, resulting in a setting unlike any other in the world.
Bright Moments: Venice Beach, CA
Bright Moments, a Venice Beach gallery, is showcasing NFTs and bringing the virtual world into reality as a way of welcome beachgoers to the world of NFTs. Furthermore, the gallery hosts art displays, lectures, and other events, with more on the way, all aimed at educating visitors and offering a fun, new setting for NFT believers and doubters alike.
Stuck at Home?
Despite the fact that much of the excitement revolves around visiting these physical galleries in person, there are still galleries in the Metaverse that you can visit from the comfort of your own home, such as Francisco Carolinum Linz and the Museum of Crypto Art in Somnium Space.
There are numerous ways to join the NFT train, with new galleries opening in both the actual and virtual worlds. So, no matter whether platform is best for you, the excitement can be found anywhere.
NFT Show Europe was all about innovators of the Future of the Internet: web 3.0, metaverse, blockchain, and digital art￼
Valencia, October 10th 2022: NFT Show Europe, the leading event on Web 3.0, Blockchain, Metaverse and Digital Art took place in the futuristic venue of the City of Arts and Sciences in Valencia, Spain. From the 17th to the 18th of September 2022, #NFTSE attracted over 2300 visitors from 59 countries.
The show featured a packed conference programme with world-renowned speakers. Topics covered included the use of Blockchain and Web 3.0 oriented technologies in traditional businesses, gaming, sports, fashion, art and collectibles, among others.
First edition beyond expectations
“The event showcased the very best in European talent, demonstrating the unstoppable growth of these technologies and its potential in both business and artistic innovation.” explains Patrick Cyrus, Marketing Manager of #NFTSE22.
“We already count with the support of big players such as Tezos, Polkadot, Zeroframe, Crypto Page, Block Ape Scissors or Wert. All of us were equally impressed with the level of potential collaborations and we are already looking forward to the next edition.”
NFT Show beyond Europe
#NFTSE gathers some of the most influential companies and artists to discuss the latest trends and developments. The event was a major boost for the web 3.0 industry companies, fostering new partnerships and collaborations, which helped to solidify its position as a major meeting point in this world.
With visitors from 59 countries attending, the event showcased the latest in blockchain and web3 technologies and its potential applications in the real world.
The speaker line-up was formed by industry leaders such as Takayaki Suzuki, CEO of Metatokio and Esen Tümer, Founder of Metaverse Hub. Other notable speakers included Hide Uehara, Director of Business Development for Square Enix or Sam Hamilton, the Creative Director of Decentraland Foundation.
Showcasing more than 170 artworks by artists such as Zancan, Solimán López, Pablo Alpe, Ulysses, A.L. Crego or Jenni Pasanen, the art exhibition included exclusive minting by fxhash.com, workshops, interactive installations, panel discussions and XR experiences.
Conclusions & Trends
“Web 3.0 technologies provide a way for users to create and interact with digital assets in a virtual space. These technologies have the potential to revolutionize many industries, including gaming, art and finance. NFT Show Europe provided a platform for leading experts to share their insights on those industries in a futuristic business-art atmosphere.” adds Esen Tümer, Founder of MetaverseHub based in Turkey, Istambul.
NFTs and crypto are transforming the art industry by providing creators with a new way to monetize their work and by giving collectors a new way to invest in art. They can be used to track and prove ownership of everything from digital art to in-game items. One of the barriers is the acquisition of cryptocurrencies which is already approached by companies such as Wert.
“We enable the consumers to purchase NFTs with credit or debit cards just like normal or virtual goods … if you’re in the NFT, Generative Art and Web 3.0 space (NFTSE) is just the perfect spot to do that.” explains George Basiladze, Founder of Wert.io.
There is no doubt that the web 3.0 users have the potential to change the way we live, work and play. By harnessing the power of the internet, these technologies can help us to connect with others in new and innovative ways and help us to access information and services that were previously out of reach. With the right support and investment, web 3.0 content will help us to create a more inclusive and connected world.
The producers of NFT Show Europe are already planning the next stages for 2023.
Logan Paul’s unsuccessful NFT Investment: Over $620K to $10
Logan Paul, a well-known YouTuber, has lost millions of dollars as a result of the current crypto winter.
Logan Paul, an American YouTuber, actor, and social media star, holds a $623,000 unrealized loss as a result of his investment in an NFT from the Azuki line.
Also unsuccessful is his involvement with cryptocurrency. The market collapse has reduced the value of his possessions by more than $500,000.
Losses in Logan Paul’s Critical Papers
The well-known YouTuber joined the cryptocurrency bandwagon last spring when the values of most assets were surging, just like many other people. A few months later, he spent almost $2.5 million on NFTs, joining the trend. The most expensive thing he bought was a piece from the Azuki collection, which cost him $623,000.
However, the YouTube celebrity has suffered significant financial losses as a result of the unstable state of the bitcoin market and the NFT niche, at least on paper. The Azuki NFT currently trades around $10, as Paul recently made known, a drastic decline that sparked debate in the cryptocurrency world.
Many Twitter users made fun of the celebrity for using non-fungible tokens to transact at a time when there was obviously excitement in the industry. Others asserted that digital collectibles are frauds and should not be purchased. Some, however, contend that the price decline is a result of the current bad market and that once the next bull run begins, the valuation will rise.
It’s important to note that the NFT transactions were booming at the time he purchased the things. OpenSea’s trade volume spiked to almost $500 million for a single day at one time last summer, but in recent months, it has struggled to reach $10 million.
Paul has added bitcoin and other alternative currency to his portfolio in addition to NFTs. He recently acknowledged that he had lost almost $500,000 on such investments when he first entered the ecosystem at its peak last year.
Unfortunately for others that followed suit, this year has seen a significant decline in the value of the cryptocurrency market, which now has a total valuation of less than $1 billion (down from $3 billion a year ago).
Millions are Lost by KSI
The British rapper JJ Olatunji, a.k.a. KSI, was another prominent YouTuber who was severely hurt by the crypto market decline.
When Terra’s native token, LUNA, began to fall in price in May, he took the chance to predict that the price will eventually rise again. When the asset was going for about $25, KSI invested $2.8 million of his wealth in it.
He had no idea that the token would keep declining and eventually fall to almost nothing, wiping away the rapper’s multi-million dollar investment.
KSI is a strong supporter of the cryptocurrency market, especially bitcoin. He claimed that BTC will be crucial to the monetary system of the future last year. The rapper continued, claiming that he would have given each UK citizen £100 worth of bitcoin if he were the Prime Minister.
BTC is the ideal investment vehicle in KSI’s opinion. He believes that after ten years, individuals who have some exposure to the asset will “be laughing”:
“I feel like a lot of people are trying to search for quick money like, ‘Oh, I want to get in and out,’ but they’re not really seeing that. I’m prepared to travel a considerable distance for this.
Ford is getting ready to enter the Metaverse with digital cars and NFTs
A month after the company announced significant personnel reductions, it has filed a trademark application covering its future initiatives in the Metaverse and NFT space.
Ford Motor Company, an American automaker, has filed 19 trademark applications across its key automobile brands as it prepares to enter the realm of nonfungible tokens (NFTs) and the Metaverse.
Mike Kondoudis, a trademark attorney licensed by the United States Patent and Trade Office (USPTO), disclosed in a tweet on Wednesday that the business had submitted a total of 19 trademark applications covering its car brands, including Mustang, Bronco, Lincoln, Explorer, and F-150 Lightning, among others.
The trademark applications include a projected online marketplace for NFTs and virtual versions of its businesses’ automobiles, trucks, vans, SUVs, and clothes.
Ford intends to produce digital images of its vehicles, SUVs, trucks, and vans that will be verified by NFTs, according to USPTO filings submitted by the automaker on September 2.
The business also disclosed plans for “downloadable virtual commodities,” or “computer programs,” that would include apparel, accessories, and parts for vehicles for usage in “online virtual environments,” such as virtual and augmented reality trade exhibitions.
Additionally, there are plans to develop an online marketplace for “others’ digital artwork” as well as “online retail shop services featuring non-fungible tokens (NFTs) and digital collectibles.”
Less than a month after Ford Executive Chairman Bill Ford and CEO Jim Farley announced significant personnel reductions from its global workforce to decrease corporate expenses; Ford has decided to enter the Web3 area.
Ford isn’t the first automaker to enter the Metaverse market.
While premium automakers like Bentley and Lamborghini have already launched NFT collections, automakers including Nissan, Toyota, and Hyundai have indicated ambitions to enter the fast-expanding Metaverse market.
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