On June 15, at 510 5th Avenue in Manhattan, New York, Web3 NYC Gallery opened its doors for digital art fans.
And so New York City confirms itself as a crypto hub for art as well, digital art on blockchain, by hosting real exhibition spaces. The new gallery was born in collaboration with Tokenframe and its digital frameworks that can display NFT.
With Genesis NFT, artists can display their work through a physical medium, so that admirers can buy the physical tool and take away the frame and artwork.
Genesis NFT holders can navigate the software developed by Web3 NYC Gallery—which will make them choose which of their digital works they would like to display. They can do that from the comfort of their own homes, no matter what part of the world they are in.
As we all know New York City is home to some of the most important and visited museums in the world, and now, we can add Web3 NYC Gallery to the list—a museum where you can admire and buy NFTs put on display through the use of the above-mentioned Tokenframe NFT Displays, real digital frames whose names are definitely evocative.
There are currently 300 authors’ Non Fungible Tokens, called Genesis NFT, in the gallery.
Whether remotely or by physically going to the museum, viewers can buy a Tokenframe NFT Display with the chosen work already loaded, by using a QR code. The reference chain is Ethereum, which is the standard blockchain in the digital collectibles field, but other Layer-1s will most likely be used in the future, with Tezos and Solana on the front of the line.
If you happen to be around New York City you should definitely go to block 510 of Manhattan’s famous 5th Avenue, to physically visit the Web3 NYC Gallery and perhaps buy a Tokenframe NFT Display at the reasonable cost of 1.5 ETH for the 10-inch size, with prices going up to 10 ETH for the 43-inch diagonal digital painting.
It would be interesting to think of a pricing issue during this particular time for the whole sector; the situation is well known to everyone, as investors run away but at the same time, states such as El Salvador confirm their complete trust in Bitcoin, an asset that regardless seems to be resisting the hit and that possesses the antibodies to survive far more severe shocks than this one.
And the Big Apple keeps being in the news, sometimes in dark tones, other times giving us news that the crypto world continues to involve transactions of a significant amount. Now it is the art world to remind us that we are in the middle of a bad weather storm for the industry.
A reason for choosing New York City as the first location for Web3 Gallery is explained by Nick Rotola, co-founder of the gallery. He said that New York City is the center of innovation and a hub of art and culture. He also believes that the purpose of the project is to create a space that attracts local people on their way to work as well as tourists and nearly a third of all tourist transactions in New York already include art. He concluded that they are delighted to show them how art will develop in the future. Web3 Gallery will expand to new locations nationwide in the coming months.
We are sure that this museum is going to be simply another attraction that is impossible to resist for those who love blockchain and NFTs.