Non-fungible tokens (NFTs) have been witnessing strong growth in demand over the past couple of years which intensified this year. In 2021, NFT broke out of its niche and was named “Word of the Year” by the Collins Dictionary.
The growing popularity of digital artwork is attracting new creators to its fold. Yet, the NFT space is not without issues either, as the digital art market has been largely restricted to online communities.
A Bridge to Real World
But NFTs will no longer be restricted to just JPEGs in the digital world as 3Space Art allows NFT owners to flaunt them in their homes, offices, and even at offline galleries and exhibitions.
NFTs are utilized to identify each art with artist and collector so that the credentials and commercial proceeds related to their distribution, reproduction, performance, public display, or derivative work are entitled to the NFT holder or creator.
The company acts as a bridge to deliver digital art and NFTs to the real world. 3space Art is making it possible by finding appropriate channels to display the digital art in physical locations, as well as organizing events and exhibitions.
Offline exhibitions and galleries attract a wider audience, including those who are not as familiar with the crypto and NFT space.
3Space Art further allows customers to buy NFTs using credit cards and fiat currency. Additionally, customers can simply scan the QR code to buy the digital art and display it in their homes or offices.
Recently, 3Space Art launched its groundbreaking NFT platform to facilitate the use of digital art in the real world by putting it in physical spaces. It is allowing both artists and collectors to showcase their collections in both online and offline events and exhibitions. Also, this allows people to enjoy these digital art pieces in their daily lives and “experience the change.”
The company’s NFT marketplace simply allows artists and artwork owners to sell their digital art to a curated collector base using either fiat currency or crypto assets. 3Space Art further helps emerging artists with NFT minting and marketing as well.
Built as a multi-chain platform, 3Space Art’s marketplace enables users to mint NFTs on the most popular Ethereum, as well as Klaytn blockchain.
Besides an NFT marketplace, 3Space Art has an Art Pool for its artists and collectors. Creators and collectors stake their NFTs by depositing them in this smart contract pool, giving the company the right to display the artwork in both online and offline events and exhibitions.
The platform is working with galleries and corporate offices to take digital art from its Art Pool to the NFT display frames in physical locations on a monthly subscription basis.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: https://cryptodaily.co.uk/2022/01/3space-introduces-loyalty-program-to-showcase-nfts-offline