Tezos Digital NFT Art immerses the public in NFT at Art Basel



Tezos presented a curated NFT art experience as an exhibition partner at Art Basel Hong Kong

Tezos once again he demonstrated to the world his commitment to digital arts. Find the best Tezos NFT collections and metrics with the NFT explorer. From May 27 to 29, the ecological blockchain brought an impressive exhibition called ‘NFT + The Ever-Evolving World of Art’ at Art Basel.

Summary

  • The Tezos NFT exhibition is one of the highlights of the 3-day art fair.
  • The interactive exhibition space featured several pioneering generative artists who collaborated with Tezos’ fxhash art platform.
  • fxhash has achieved outstanding data throughput over the last 30 days, with a 64% increase in users, 73% transactions, and 112% volume.
  • Tezos recently launched a new metaverse project, tz1land, with the goal of empowering digital creators.

Every year, Art Basel presents the public with new ideas from emerging artists, contemporary masterpieces and disruptive concepts that make up the latest trends. So this year, aside from the well-known masters of the ancient art world, such as Banksy, Takashi Murakami, Damien Hirst, and Hajime Sorayama, the most dazzling highlight should be the digital art experience curated by the Tezos blockchain.

Tezos NFT artists co-present a sensational visual journey

Tezos, the green blockchain, made its debut at the Asian edition of Art Basel this year, with a separate showroom for its exhibition called ‘NFTs + The Ever-Evolving World of Art’.

The interactive exhibition space featured several pioneering generative artists who collaborated with leading Tezos art platform fxhash. Additionally, it invited visitors to mint a unique generative NFT artwork for free on a first-come, first-served basis. Surprisingly, this free idea is very well received by the public. NFT artwork from those rising NFT artists was quickly minted before the end of the art fair. These works include those of Yazid Azahari, Ryan Bell, and Aleksandra Jovanić.

The long-awaited art fair seems to have given a nice boost to the most popular NFT platform on Tezos. Surprisingly, fxhash has attracted over 12,000 unique wallets to interact with the dapp, increasing by 64%. Likewise, transactions and 30-day volume reached 524,809 and $6.03 million, respectively, increasing 73% and 112% at the close. Such an achievement is remarkable considering that market sentiment has been greatly affected by the ongoing bear market.

Tezos devotion: the next frontier of digital art?

More and more artists are choosing to mint and sell on Tezos due to its eco-friendly nature, lower gas fees, and highly engaged NFT community. Thanks to these features, Tezos NFT creators can focus on creating content and nurturing their communities. As a result, the Tezos NFT ecosystem has become incredibly dynamic since the early days. For example, Hic et Nunc (HEN), the now-discontinued NFT platform, experimented with an exciting series of scans involving a variety of artwork formats.

HEN allowed people to see the diversity of NFT art. Surprisingly, the HEN artists have greatly expanded the range of NFT formats. What they have achieved is to incorporate scalable vector graphics, 3D modeling, programs, and other forms into the creation of NFTs, rather than just images, video, and audio as material. As a result, these art forms have enriched people’s experiences in the digital world.

Although HEN has become history, the united artists of Tezos have spared no effort to continue the legacy of HEN. A new community marketplace emerged on Tezos called Teia. Teia is a global artist-led space where NFT creators can explore and experiment with the NFT arts paradigm. It has attracted more than 8,000 unique users and 82,450 transactions to the platform over the past 30 days, adding to the artistic vibe of Tezos.

Interestingly, we also found HEN on Objekt, another popular NFT platform on Tezos. Here at Objekt, HEN transforms into an NFT art gallery, offering collectors up to 652,000 NFT collectibles.

There are also virtual worlds on Tezos, such as the tz1land metaverse project. tz1and is a virtual world where users can build, deploy, trade, decorate, and display 3D art on virtual terrain. Additionally, this emerging metaverse on Tezos supports communities of independent artists and creatives. Now, tz1land has become a collaborative playground for many crypto artists.

Looking at the Tezos ecosystem, we can imagine a future filled with digital assets where NFTs unleash their limitless potential, providing a variety of digital collectible options. To allow users to trade and manage these digital assets easily, DappRadar provides users with an easy-to-use NFT trading tool. Users can trade all kinds of NFTs on DappRadar’s wallet page with a single click, and more importantly, with no additional fees.

General education for the public: “It’s called NFT!”

Now back to Art Basel, as I was walking through the crowded Art Basel venue, I heard someone behind me yell, “I’m going to see those NTFs!” The voice came from a middle-aged father. His teenage daughter corrected: “It’s called NFT, Dad.”

A bear market can be excruciating, but it is not always a bad thing as the cryptocurrency industry is not all about money. It’s good that people can finally calm down and rediscover the fact that in the blockchain world, people can enjoy many things that don’t cost a penny, for example, innovative NFT arts and free NFT education.

DappRadar will continue to monitor the latest developments on Tezos, its ecosystem, and the NFT field in general. Follow us TwitterDiscord and Youtube to keep up with the dynamic world of the blockchain.


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