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Home » Blog » How NFT Art Exhibitions Could Up-End a $20B Industry
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How NFT Art Exhibitions Could Up-End a $20B Industry

August 10, 2023No Comments2 Mins Read
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TL;DR

  • Edward Zipco has a plan to expand his physical NFT galleries to 50 locations around the world.

  • Physical NFT galleries ain’t new – but the idea of creating a a global network of unified galleries is.

  • This way, exhibitions could seamlessly travel between countries in the blink of an eye at zero cost, changing location monthly/weekly/daily.

Full Story

This is a hell of a concept from a man with a hell of a last name.

Edward Zipco (eh?) wants to do to art exhibitions what Jezabella Davies* (creator of the digital billboard) did for the billboard industry.

*that’s a lie, we couldn’t find who created the digital billboard, so we just made up a name.

Anyways, Eddie Z has a plan to expand his physical NFT galleries to 50 locations around the world.

Physical NFT galleries ain’t new – but the idea of creating a a global network of unified galleries is.

This way, exhibitions can seamlessly travel between countries in the blink of an eye. Meaning, Zipco’s ‘Superchief Galleries’ could rotate an exhibition’s location monthly/weekly – hell, even daily if the demand was there.

Here’s why we love this concept:

  1. Online experiences don’t hit the same as in-person experiences – this bridges that divide for NFT artists and their audiences.

  2. Context goes a long way in the art world! Remember back in 2019 when a banana was duct-taped to a wall and sold for $120k? (Was it ridiculous? AB.SO.LUTELY. But that’s not the point we’re trying to make). What we’re getting at is: it was seen as a legitimate work of art because it was taped to a gallery wall. Love it or hate it, the context legitimized it! Hopefully a global network of NFT galleries can do something similar for digital works.

  3. Finally, did you know that art transport/storage is a ~$20B p/y global industry?? …those costs go to (near) zero once digital displays come into play.

See also  What Yue Minjun's LiveArt Release Means for Fine Art in Web3

So, godspeed, Eddie.

Godspeed.

Source link

20B art Exhibitions industry NFT UpEnd
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