CONTEXTUAL STUDY

What is an NFT?

NFT means Non-Fungible Token representing a digital
file/item. Every NFT has its own identity and characteristics, and every digital file can be classed as an NFT. The
metaverse is the complete virtual twin of our physical
world, and it’s the total amount of all the digital assets
that live in the web and on the blockchain, creating a digital ecosystem.

2 LIVES is the first exhibition ever that aims to educate and connect traditional art to digital art
and the finance world to the art world, by showcasing NFTs through their multi-businesses opportunities
to artists, students, curators, collectionists, stakeholders, creators and whoever involved in the NFT space.

NFTs in art- NFTs for artists are the means by which they can create and sell their own art, keeping independence from someone else (a manager or a client) or an institution. This also enables the artist to have complete freedom on their art as they dont have any contracts or requests upon their art.

The metaverse; The metaverse is the complete virtual twin of our physical world, and it’s the total amount of all the digital
assets that live in the web and on the blockchain, creating a digital ecosystem. The Metaverse is a collective virtual shared space, created by the convergence of virtually enhanced physical reality and physically persistent virtual space, including the sum of all virtual worlds, augmented reality, NFTs and the Internet.
You can access the Metaverse through a VR oculus, entering the virtual worlds mentioned before. This is the future of meeting, creating communities, socializing, working and playing.

Some examples of famous NFT and digital artists;

  1. Fewocious- Known as one of the world’s leading digital artists, the 18-year-old has staged multiple successful solo releases, as well as two groundbreaking NFT space collaborations 

2. VeeFriends – the name of Gary Vaynerchuk’s NFT collection. He created VeeFriends to bring to life his ambitions of building a community around his creative and business passions using NFT technology and their smart contract capabilities. By owning a VeeFriend NFT, you immediately become part of the VeeFriends community and get access to VeeCon. 

3. BEEPLE-  Mike Winkelmann, better known as Beeple, has sold the most expensive digital artwork in history, The First 5000 Days, sold for $69 million. It’s part of an explosion in the market for NFTs — tokens that prove ownership of things like digital art that you can’t even touch

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