Bitcoin News and Finance
First Brick & Mortar NFT Art Exhibition Debuts In Beijing Skip to main content

First Brick & Mortar NFT Art Exhibition Debuts In Beijing

In an industry first, a physical exhibition for digital art in the form of non-fungible tokens (NFT) is set to launch in China, showcasing notable works from leading artists in the NFT space and the winning entries from a global digital artwork competition.

Initiative Designed to Forge Greater Connections Between the Physical and Digital Art Realms

As greater mainstream attention turns to the NFT collectible and art mania that delivers new auction records every passing month, one group of industry leaders is bringing digital art to the physical realm. With its inaugural event titled, “Virtual Niche – Have you ever seen memes in the mirror?” a group of leading NFT evangelists and platforms are attempting to bring the Bitcoin and Polkadot communities together alongside the more traditional art world.

On March 26th, the 14-day event will begin in the UCCA Lab in Beijing before transitioning to Shanghai’s JinArt Center. The exhibition, which features hosts and sponsorship from both the art world and digital ecosystem, is designed to highlight the expanding potential for digital art while fostering greater connections between the two communities.

Besides hosting works from high-profile NFT artists, including 20 works from Beeple and Robert Alice’s “Portraits of a mind,” the exhibition will showcase the six winners of a digital art competition run by BlockCreateArt (BCA). The competition, which received 200 entries, asked participants to use Kusama’s canary logo as the inspiration for their submissions.

Christie’s, which recently auctioned Beeple’s “Everydays: the First 5000 Days” for a record-breaking $69.3 million, will be serving as an education support partner for the event. Their session, “Valuing Art in the Digital Age,” will be run by Christie’s Sara Mao. Additionally, Kusama will also be holding NFT workshops over the weekends for aspiring Chinese artists.

Growing Competition in the NFT Ecosystem

Beyond the big-name organizations orchestrating and hosting the event, the initiative is also supported by the Kusama Treasury. Kusama has come into greater focus in the NFT space as it vies to provide an alternative to Ethereum-based applications that currently dominate the space.

Kusama, which behaves as Polkadot’s “canary” network, effectively allows developers to build projects in an ecosystem expressly designed for experimentation. The idea behind this parallel network is to give developers a proving ground for their applications before moving into a Polkadot parachain if the proof of concept manages to attract adoption and awareness.

The canary network is already home to many organic NFT projects. Among them is BCA, which oversaw the aforementioned digital art competition. Other prominent projects also working off the network include Moonbeam and Unique Network.

These initiatives aim to list on a Polkadot parachain and form the go-to ecosystem for NFTs through a range of connected services like the open-source components needed to mint digital collectibles. Ultimately, these projects aim to bring together the communities, all while facilitating ease of use for artists and other creators seeking to join this transformative trend.

When NFTs are shown in the physical world, doesn’t it simply misses the whole point? Let us know what you think in the comments section below.

Labels:

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r
Post a Comment
Read more
Blogarama - Blog Directory