In an industry premiere, a physical digital art exhibition in the form of non-fungible tokens (NFT) will open in China, showcasing remarkable works by leading artists in the NFT space and the winning entries of a global digital art competition.
Initiative to create greater links between physical and digital art
As mainstream attention turns to the NFT collectible and the art craze that is setting new auction records every month, a group of industry leaders are bringing digital art into 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 trying to bring the Bitcoin and Polkadot communities together alongside the more traditional art world.
The 14-day event begins on March 26th at the UCCA Lab in Beijing before moving to the JinArt Center in Shanghai. Featuring hosts and sponsors from both the art world and the digital ecosystem, the exhibition aims to highlight the growing potential for digital art while promoting a stronger connection between the two communities.
In addition to works by top-class NFT artists, including 20 works by Beeple and Robert Alice’s “Portraits of a Mind”, the exhibition shows the six winners of a digital art competition organized by BlockCreateArt (BCA). The competition, in which 200 entries took part, asked participants to use Kusama’s Canarian logo as inspiration for their submissions.
Christie’s, who recently auctioned Beeples “Everydays: The First 5,000 Days” for a record $ 69.3 million, will serve as the educational support partner for the event. Her session “Appreciating Art in the Digital Age” will be chaired by Christie’s Sara Mao. In addition, Kusama will hold NFT workshops for emerging Chinese artists on the weekends.
Growing competition in the NFT ecosystem
In addition to the well-known organizations that organize and host the event, the initiative is also supported by the Kusama Ministry of Finance. Kusama has come more into focus in the NFT space as it seeks to provide an alternative to Ethereum-based applications that are currently dominating the space.
With Kusama, acting like Polkadot’s “Canarian” network, developers can effectively create projects in an ecosystem specifically designed for experimentation. The idea behind this parallel network is to provide developers with a test bed for their applications before switching to a polkadot parachute when the proof of concept attracts acceptance and attention.
The Canarian network already hosts many organic NFT projects. Among them is BCA, which oversaw the aforementioned digital art competition. Other prominent projects that also work outside the network are Moonbeam and Unique Network.
These initiatives aim to enumerate a polkadot parachute and form the go-to ecosystem for NFTs through a number of connected services such as the open source components necessary for the coinage of digital collectibles. Ultimately, these projects aim to bring communities together while making it easier to use for artists and other creators who want to join this transformative trend.
When NFTs are shown in the physical world, isn’t that just missing the point? Let us know what you think in the comments section below.
Photo credit: Shutterstock, Pixabay, Wiki Commons
Disclaimer of liability: This article is for informational purposes only. It is not a direct offer or an invitation to submit an offer to buy or sell, or a recommendation or approval of products, services or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author are directly or indirectly responsible for any damage or loss caused or allegedly caused by or in connection with the use or reliance on any content, goods or services mentioned in this article.