{"id":62189,"date":"2023-10-06T12:24:15","date_gmt":"2023-10-06T12:24:15","guid":{"rendered":"https:\/\/egrowonline.com\/?p=62189"},"modified":"2023-10-06T12:24:15","modified_gmt":"2023-10-06T12:24:15","slug":"art-gallery-in-dubai-to-educate-artists-on-nfts-web3","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=62189","title":{"rendered":"Art gallery in Dubai to educate artists on NFTs, Web3"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-v-3d3be88a=\"\">\n<p>The 37xDubai art gallery, which will be opened to the public later in October, aims to educate artists and art aficionados on nonfungible tokens (NFTs) and the broader Web3 ecosystem through workshops held in the gallery after its official launch.\u00a0<\/p>\n<p>Cointelegraph sat down with Danilo Carlucci, the founder of investment firm Morningstar Ventures and 37xDubai, which is based in the Dubai International Financial Centre (DIFC). Carlucci spoke about its goals with the new art gallery and why it is diving into NFTs and Web3 despite the <a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/nfts-totally-worthless-mainstream-media-says-community-responds\" rel=\"noopener\">conditions of current markets<\/a>. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-10\/da2906ad-504c-4254-ac99-96c76223e220.jpg\" alt=\"\" title=\"\" \/><figcaption style=\"text-align: center\"><em>First look at where NFTs will be displayed at the 37xDubai gallery. Source: 37xDubai<\/em><\/figcaption><\/figure>\n<p>Carlucci says the gallery is \u201can effort to bridge art and technology in one place.\u201d Being a more traditional venture capital fund, the executive said the art gallery is Morningstar Venture\u2019s way to diversify into the more creative digital art and NFT space. He said:\u00a0<\/p>\n<blockquote><p>\u201cWe have various different types of digital arts, but we also have NFTs displayed. We don\u2019t just sell these specifically handpicked NFTs, but we also educate the people who are visiting our gallery about what NFTs are.\u201d\u00a0<\/p><\/blockquote>\n<p>Apart from displaying NFTs inside the gallery, the 37xDubai founder also highlighted that it is using NFTs that are inspired by its Tree of Life art installation as a membership token.\u00a0<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-10\/57c7a40a-c2e1-42cf-8217-f598fc577bbc.jpg\" alt=\"\" title=\"\" \/><figcaption style=\"text-align: center\"><em>Carlucci in conversation with\u00a0<\/em>Cointelegraph\u2019s<em>\u00a0Ezra Requerra. Source: Cointelegraph\u00a0<\/em><\/figcaption><\/figure>\n<p>The executive said it will also support events and various workshops around the adoption of Web3 technology. He said the project has advisers from Binance NFT and Binance Charity who will help it with these endeavors.\u00a0<\/p>\n<p><strong><em>Related: <\/em><\/strong><a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-tower-dubai-first-look-at-design-images\" rel=\"noopener\"><strong><em>First look at the Bitcoin Tower in Dubai: Dev shares initial design<\/em><\/strong><\/a><\/p>\n<p>When asked why it\u2019s diving into NFTs, given the sentiments and data showing that NFT market prices are not what they used to be, Carlucci expressed his belief in the technology and explained why these NFTs in the gallery would be different. He said that while it\u2019s not an NFT-only gallery, it does \u201cbelieve in NFTs.\u201d He also highlighted that the NFTs in the gallery have a different goal to those created by tech companies.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-10\/a2b88958-19eb-43fd-b269-83a80a3c6ff4.jpg\" alt=\"\" title=\"\" \/><figcaption style=\"text-align: center\"><em>The Tree of Life art installment at the 37xDubai art gallery. Source: 37xDubai<\/em><\/figcaption><\/figure>\n<p>\u201cFor the artists that we work with and we handpick. The incentive is creative. They want to make something creative, and they just happen to use blockchain technology for authentication purposes and for maybe sometimes the creative purpose, but the incentive is always creative,\u201d he explained.<\/p>\n<p><strong><em>Magazine: <\/em><\/strong><a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/magazine\/generative-artist-matt-kane-nft\/\" rel=\"noopener\"><strong><em>Pioneering generative artist propelled by personal tragedy \u2014 Matt Kane, NFT Creator<\/em><\/strong><\/a><strong><em> <\/em><\/strong><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/cointelegraph.com\/news\/nfts-art-gallery-dubai-first-look-37xdubai\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 37xDubai art gallery, which will be opened to the public later in October, aims to educate artists and art aficionados on nonfungible tokens (NFTs) and the broader Web3 ecosystem through workshops held in the gallery after its official launch.\u00a0 Cointelegraph sat down with Danilo Carlucci, the founder of investment firm Morningstar Ventures and 37xDubai, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":62190,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[38],"tags":[770,6339,2382,5935,5853,502,1861],"class_list":["post-62189","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-art","tag-artists","tag-dubai","tag-educate","tag-gallery","tag-nfts","tag-web3"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2023\/10\/ddc93844-21e2-4452-ad33-813b80d73839.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/62189","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62189"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/62189\/revisions"}],"predecessor-version":[{"id":62191,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/62189\/revisions\/62191"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/62190"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62189"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}