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NFT Art Craze Spreads to China
The exhibition titled “Virtual Niche—Have you ever seen memes in the mirror?” will run from March 26 until April 4 in Beijing before moving on to Shanghai.
Beijing is set to host its first exhibition dedicated to "crypto art," which will showcase non-fungible tokens (NFTs).
STORY CONTINUES BELOW
- The exhibition titled “Virtual Niche – Have you ever seen memes in the mirror?” will run from March 26 until April 4 in the city before moving on to Shanghai and is the first of its kind, according to a report by The Beijinger.
- The curator of the exhibition, Sun Bohan, told the publication crypto art is an emerging trend that is formed by “bridging art and blockchain-based platforms, culture and technology.”
- The NFT craze has been taking off recently with millions of dollars being spent on rare or desirable digital artworks.
- On Thursday, a piece of digital artwork or NFT by crypto artist Beeple was sold for a record $69.3 million by the auction house Christie’s.
- NFTs are digital assets that represent a wide range of unique tangible and intangible items, from collectible sports cards to virtual real estate and even digital sneakers.
Read more: How NFTs Became Art, and Everything Became an NFT
Tanzeel Akhtar
Tanzeel Akhtar has contributed to The Wall Street Journal, BBC, Bloomberg, CNBC, Forbes Africa, Financial Times, The Street, Citywire, Investing.com, Euromoney, Yahoo! Finance, Benzinga, Kitco News, African Business Magazine, Hedge Week, Campden Family Office, Modern Investor, Spear's Wealth Management Magazine, Global Investor, ETF.com, ETF Stream, CIO UK, Funds Global Asia, Portfolio Institutional, Interactive Investor, Bitcoin Magazine, CryptoNews.com, Bitcoin.com, The Local, The Next Web, Mining Journal, Money Marketing, Marketing Week and more. Tanzeel trained as a foreign correspondent at the University of Helsinki, Finland and newspaper journalist at the University of Central Lancashire, UK. She holds a BA (Honours) in English Literature from the Manchester Metropolitan University, UK and completed a semester abroad as an ERASMUS student at the National and Kapodistrian University of Athens, Greece. She is NCTJ Qualified - Media Law, Public Administration and passed the Shorthand 100WPM with distinction. She does not currently hold value in any digital currencies or projects.
