The timely drive for digital art highlights the zeitgeist of a post-pandemic world of mixed realities. The Bybit NFT Marketplace provides an integrated one-stop destination for artists, creators and collectors, to create, and sell or trade on the Ethereum ERC-721 standard through their spot accounts – providing the tools of digital ownership to collectors of all knowledge and skill levels.
“Art Dubai’s admirable work in elevating talent to the global stage, particularly with artists from underrepresented regions, echoes Bybit’s endeavor to democratize next level trading for the broader public. NFTs are one of the new tools to reinvent and rewire the art market, and a new generation of artists and art patrons are drawn to a new parallel world that rewards authenticity and the imaginative minds,” said Igneus Terrenus, Head of Communications at Bybit.
“There are two important legs in the projects. We have galleries from the physical world and galleries that only exist in the metaverse. And to complement these and help understand what they’re going to be showcasing, we have one of the most exciting educational programs today, among them is Bybit Talks by Bybit, the sponsor of the digital section, and the Global Art Forum,” said Pablo del Val, Artistic Director of Art Dubai at the opening address.
In the last two years, the 3D world lost approximately half a dimension. At the same time, new multiple dimensions have been discovered online.
“We are now extensions of our devices and this changes everything. It’s the kind of paradigm shift that civilization sees every few 100 years. We’ve been going through these changes arguably for the last 30 years and now in a more and more accelerated manner, evidenced in the mainstreaming of crypto, blockchain technologies and NFTs over just the last year. In the two and a half dimension, digital artifacts and crypto economies are as real or unreal as anything else. And there’s such rapid growth in digital platforms, it’s often difficult to keep track even for seasoned insiders. So the Bybit talks will explore the unknown past and the possible futures of NFT, how our ideas and experiences of media buy change with decentralized institutions, and what kind of values beyond merely the monetary is at stake with these new technologies,” remarked Shumon Basar, Commissioner, Global Art Forum. (**)
