NFT may mark the revival of art galleries

For decades, art galleries and museum exhibitions The world promotes the existence of cultural education, social interaction and awe-inspiring visual moments.

Michelangelo’s Sistine Chapel, Georgia O’Keeffe’s “Black Iris III” and Picasso’s “Crying Woman” have all inspired generations of art lovers to pursue life, creativity or other aspects.

However, since the turn of the century-severely affected by the dramatic changes in digital behavior, economic uncertainty, and persistent complaints about exclusivity-art galleries seem to have depreciated Social appeal.

A sort of piece A report released by art professionals at the end of 2017 revealed a decline in the number of visitors to London’s most famous art attractions, which is a serious paradox with the city’s record number of tourists this year.

After last year’s pandemic made the integration of humans into the physical environment a victim, this frustrating fate can only be further summarized.

despite this, A nascent art form that has quickly entered the mainstream is expected to recover in the industry as a whole. Of course, this art form is an irreplaceable token (NFT).

The community is based on the principles of decentralization, verifiable provenance and spatial autonomy, and is likely to become the main driving force Behind the next generation of art displays.

These creative people live in a world where art is pixelated, frames are virtual, outliers and mavericks are regarded as normal, and punk is regarded as noble as Picasso.

Crypto Punks was born in 2017, became a pioneer of NFT culture, penetrated into the mainstream, and represented modern status and a symbol of social respect.

As the core of Internet images, these avant-garde avatars have now inspired many other brands such as Bored Ape Yacht Club and Cool Cats.

NFT appears in an era when the boundaries between our physical and digital worlds are blurred.The argument that is often aroused is whether art belongs to physical galleries, online screens, or even virtual Metaverse. As new perspectives and ideas shape the cultural landscape, this dialogue continues to evolve every day.

In the past 12 months, the NFT space has witnessed parabolic growth.According to reports, OpenSea, the leading NFT market, had a transaction volume of USD 4 billion in August 2020 Managed 98% of transactions in the entire market There are only 37 employees.

NFT has attracted many corporate giants, including visa, Nike with NBA, And global sports stars Tom Brady, Stephen Curry with Lionel Messi. At the Met Gala last week, Reddit co-founder Alexis Ohanian (Alexis Ohanian) even showed a punk pin badge on his clothing.

With people’s renewed awareness of artistic expression and excitement about its media potential, art galleries and museums seeking to embrace innovation may find themselves on the cusp of revival.

Cointelegraph had a conversation with Elio D’Anna, the founder of HOFA, a London gallery steeped in cryptographic history, and discussed the cultural significance of introducing irreplaceable art into traditional spaces.

The fact that artists are using digital media to create visual effects, renderings and computer graphics generated art does open up a whole new dimension to how we view art and the world.

The gallery will host a public exhibition in collaboration with Studio37 in the next few weeks, showcasing $64 million worth of NFT art works, including six Twenty-four super rare CryptoPunk. These works will be printed as 41 x 41 cm lithographs and signed by John Watkinson, co-founder of Larva Labs.

In addition to the printed material with the red punk approval seal, the work will also contain a 12-word seed phrase that grants buyers access to digital ERC-721 tokens.

Among all the recent hype and applause, one of the most important acquisitions in the non-fungible token market is the equal recognition of its respected contemporaries.

This is why witnessed a seminal moment of public immersion in this space at the famous Sotheby’s auction house.They became the first auction house Accept payments in BTC and ETH May, and continue to promote NFT activities, such as Sell ​​World Wide Web source code.

Recently, Sotheby’s held an auction 101 Boring apes and 6 mutant sera, valued at 24.39 million US dollars, This value surpassed everyone’s expectations that night.

In our conversation, D’Anna, the founder of HOFA Gallery, also commented on the selection of Punk, Ape and Fidenza NFT in the exhibition and why it is important to choose “blue chip” works.

They are historical creations of unique works that will be discussed in the coming years. It is rare to have one of the first collections from this new NFT world, which is part of the reason why people are so keen to collect them.

The “Portrait of an Era” exhibition will be visited in person and online through the HOFA mobile app and virtual reality.

Virtualization and enhancement technologies strive to provide viewers with a unique immersive 3D experience in many visual entertainment fields.

this Crypto Art Museum It is a Metaverse gallery, opened in Somnium Space on the Ethereum blockchain in April 2020. It showcases a large number of tokenized artworks purchased by museum connoisseurs as irreplaceable tokens.

Museum ranked 20th Cointelegraph 2020 annual list Among the most influential people in the field of encryption and blockchain, in May of this year, roll out Native tokens on Polygon to encourage governance in the space.

Towards the end of our conversion, D’Anna shared his views on the rise of the meta universe and its potential impact on art galleries and museums around the world.

I think we should always keep an open mind. Therefore, I am very interested in all new creations and expressions in the art world. The meta universe will appear, but I still believe that physical art will always retain a very special place in everyone’s collection.

The NFT exhibition of portraits of an era will be publicly exhibited at HOFA Gallery in Mayfair, London from September 23rd to October 7th. Registration is open and free.