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Exhibition promotes digital ownership of art using blockchain tech

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Exhibition promotes digital ownership of art using blockchain tech

by TheCryptoDirt.com
June 25, 2021
in Blockchain
0

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In a primary in India, a brand new on-line artwork exhibition is selling digital possession of artworks by blockchain expertise.

Conceptualised and created by Terrain.artwork (a blockchain-powered on-line platform specializing in artwork from South Asia) and curated by Arjun Sawhney, the primary version of ‘Masters’ options 27 artworks by Bengal-born artist Lalu Prasad Shaw, licensed utilizing Non-fungible Tokens (NFTs).

Non-fungible Tokens

NFTs are distinctive digital property that can be utilized as particular person identifiers for bodily property on a blockchain, permitting for authenticated possession.

In line with the organisers, utilizing applied sciences like NFTs will assist defend an artist’s future legacy by facilitating a clear and tamper-proof switch of digital possession every time the works are resold.

Also read: Cryptocurrency: Investors can wait till clarity emerges

“This exhibition is a crucial step in the direction of propelling the dialogue round South Asian artwork in step with Terrain.Artwork’s imaginative and prescient to foster a digital and international ecosystem for artwork, artists and collectors from the area starting with India, utilizing future applied sciences like blockchain,” they mentioned in a press release.

The present additionally makes Shaw the primary Indian trendy artist to showcase work with registered non-fungible tokens. Predominantly figurative, the artist’s stylized representations embody numerous topics and objects staged meticulously in a pictorial body.

Musing on the a number of sides of the Bengali center class, Shaw’s work dramatize the on a regular basis life of individuals he noticed in his instant environment. His distinctive method to composition resonates each with Kalighat ‘pats’ and early studio pictures.

Whereas primarily a painter, Shaw can be an achieved printmaker. “Terrain.artwork is delighted to be one of many first blockchain powered platforms in India to register artworks utilizing NFTs, presenting new works and people with prior histories by curated exhibitions.”

With blockchain expertise, we at Terrain.artwork are dedicated to offering our present and future collectors with a clear and reliable technique of shopping for, promoting, and securing their present assortment,” mentioned Aparajita Jain, founder, Terrain.artwork.

The exhibition will proceed on Terrain.artwork until July 31.

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