The latest West African Art Fair features NFT, organizers emphasize the importance of blockchain – Altcoins Bitcoin News

The latest West African Art Fair features NFT, organizers emphasize the importance of blockchain – Altcoins Bitcoin News



The organizers of West African Art Exhibition Art X Lagos recently launched a non-fungible token (NFT) art fair, exhibiting works by African artists from more than six countries.

Blockchain provides important opportunities for artists

in a statement Produced on the Art X Lagos website, the organizers believe that blockchain now provides digital artists with an opportunity to sell their works. They added that this paradigm shift opens up the possibility of a more decentralized and more collaborative economy in which creators can lead to a more inclusive and diversified society.

In order to show the determination of Art X Lagos, the organizers and Superrare (digital art market on the Ethereum blockchain) recently launched an art fair.According to a report, The physical version of this exhibition started on November 4 and is expected to end on November 7. On the other hand, the online exhibition is expected to end on November 21.

NFT gains more support in Africa

At the same time, in their statement, the organizers also took time to explain why they particularly support NFT. The statement explained:

As the first international art fair in West Africa, Art X Lagos recognizes the importance of contributing to the development of our thriving African digital art scene. We hope that through this project, we can see the future of art creation and collection in Africa. The continent also emphasized the huge potential of NFT in the development of the creative ecosystem in Africa.

Before the start of the fair, a well-known Nigerian artist and co-curator of the exhibition Osinachi lead Express his appreciation for Art X Lagos’ work to help African digital artists.

He added that he will use his experience as a digital artist to lay the foundation for the success of other African artists who he says are ready to explore this space.

What are your thoughts on this story? Tell us what you think in the comments section below.

Image Source: Shutterstock, Pixabay, Wikimedia Commons

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