HomeEntertainmentThe world's first NFT museum in Seattle aims to 'roll back the...

The world’s first NFT museum in Seattle aims to ‘roll back the curtain’ on blockchain art

The world’s first permanent NFT art museum has opened in Seattle, aimed at “turning the curtain” on blockchain-based digital art. selling for millions of dollars. NFTs exist in the blockchain, a record of activities stored on networked computers.

The museum opened its doors in Jan. 14, and provided artists, creators, and collectors a place to showcase their NFTs in a virtual environment, while aiming to educate the public about this new digital art market. We have really seen the impact of being able to view this genre in a way that slows you down, you see all the details, ”said Jennifer Wong, founder and curator at the Seattle NFT Museum.

Local digital artist Maksim Surguy attended the opening of the museum ‘Climate Talk’ on April 16, which covers his designs sold as NFTs online, but not yet printed in physical form. “Previously, when you were doing digital art or visual art, there were many restrictions on who could see the art work or how to become its owner,” said Surguy, who works in Seattle technology and entered the crypto-based arts a year and a half ago.

According to a March report from the Irish company Research and Markets, the global NFT market is expected to grow to more than $ 21 billion by 2022. NFT is just a contract that shows ownership of a particular type of property, ”said Peter. Hamilton, co-founder of the museum. “These tokens … are basically a contract that says this serial number belongs to this piece of art, and if you own this token, you are the legal owner.”

The museum has planned programs throughout the year. “We try to ride people and help them see what the value of the NFTs is and help people pull the curtain a little bit of what a blockchain is and what its utility is.”

READ ALSO : Pakistan, India is moving under a high temperature wave

[responsivevoice_button buttontext="Listen This Post" voice="Hindi Female"]

LEAVE A REPLY

Please enter your comment!
Please enter your name here

RELATED ARTICLES

Trending News

“Spider” Patterns on Mars: A Natural Phenomenon

Recently, the European Space Agency (ESA) released an image captured by the Mars Express spacecraft, revealing what appears to...

Goldman Sachs Values Blinkit at $13 Billion Equity Valuation

Goldman Sachs analysts have recently announced that they value Blinkit, the quick commerce startup acquired by Zomato in 2022,...

Revolutionizing Timekeeping: Harnessing Superradiance for Atomic Clocks

Atomic clocks, the epitome of precision timekeeping, are poised to reach new heights of accuracy thanks to a breakthrough...

Potential Dangers of Neotame on Gut Health

Researchers from Anglia Ruskin University (ARU) have conducted a study revealing concerning potential dangers associated with neotame, a relatively...