Nowadays, non-fungible tokens have gradually become a recognized part of the art industry. This new blockchain-based technology provides an immutable proof of ownership and a transparent transaction ledger, ushering in a new age in the history of digital art collecting and opening doors for many individuals who aspire to become creators. 

In the Web 3.0 age, cutting-edge technological solutions are gradually becoming more popular and finding their way into various fields, including the art industry. One such  solution is non-fungible tokens (NFTs), unique assets situated on blockchain. NFTs enable  galleries and their affiliated artists to provide proof of ownership for collectors within the digital landscape.

As with any other year, marked the start of the 2023 summer for the art community. The event showcased 284 art installations from 36 countries and regions, making it a must-attend destination for art connoisseurs worldwide. Thus, a never-ending stream of visitors was expected, even at the VIP opening on Tuesday, the 15th, resulting in long queues and limited free space at some art booths.

In a new fast-paced world driven by cutting-edge technologies, the digitalization of assets, services, and products becomes one of the tools that allow organizations to get the upper hand on competitors. No matter the industry or the object, it helps market players stand out in overcrowded business realms and create new, valuable revenue streams to fund new projects or mitigate crises. 

Art exhibitions are an integral space for galleries, visionaries, artists, and collectors to interact with each other. A venue to discover new trends, learn from industry leaders, get inspired by the works of other artists, and, most important, expand their network.

In recent years, NFTs have become a prominent topic in the digital world, captivating the attention of both enthusiasts and the mainstream audience. Although there may be a few individuals who have not yet heard of NFTs, it is difficult to fathom how they managed to overlook the emergence of this new digital asset and the surrounding hype.

The world of art trade can often seem to run counter to harsh realities like war, inflation, economic downturns, and political crises.