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Dubai Art Gallery Facilitates Education for Artists on NFTs and Web3

Dubai Art Gallery Facilitates Education for Artists on NFTs and Web3

The 37xDubai Art Gallery: Bridging Art and Technology

The 37xDubai art gallery, set to open in October, aims to educate artists and art enthusiasts about nonfungible tokens (NFTs) and the broader Web3 ecosystem. The gallery will host workshops to provide knowledge and understanding of NFTs after its official launch. Morningstar Venture, a traditional venture capital fund, is diversifying into the digital art and NFT space with this gallery. According to Carlucci, the founder of 37xDubai, the gallery showcases various types of digital art as well as handpicked NFTs. The goal is not only to sell these NFTs but also to educate visitors about what they are.

NFTs as Membership Tokens

In addition to displaying NFTs inside the gallery, 37xDubai is using NFTs inspired by its Tree of Life art installation as membership tokens. The project has enlisted advisors from Binance NFT and Binance Charity to support events and workshops centered around Web3 technology adoption. Despite concerns about the declining prices in the NFT market, Carlucci believes in the technology and emphasizes that the NFTs in the gallery have a different purpose compared to those created by tech companies. For the artists involved, creativity remains their primary motivation, with blockchain technology serving authentication purposes.

Hot Take: Embracing Artistic Creativity through NFTs

By launching the 37xDubai art gallery, Morningstar Venture is embracing both art and technology. This innovative approach not only provides a platform for artists but also educates visitors about NFTs. With its focus on creativity rather than solely financial gains, the gallery sets itself apart from other tech-driven NFT projects. By utilizing NFTs as membership tokens and collaborating with industry advisors, 37xDubai aims to foster a deeper understanding and adoption of Web3 technology. The gallery’s commitment to bridging the gap between art and technology makes it an exciting venture in the evolving world of digital art and NFTs.

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Dubai Art Gallery Facilitates Education for Artists on NFTs and Web3