Innovative tech company seeks to improve circulation and distribution of art by harnessing the power of blockchain technology and non-fungible tokens (NFTs).
Online PR News – 15-December-2021 – Dallas, Texas – NFT Contemporary is introducing technology that will create opportunities for artists, collectors, dealers, and enthusiasts alike to broaden their access and accessibility to art. One of the harshest realities of physical art is the restrictive nature of who can view and experience the piece.
NFTC intends to solve this issue by providing artists a platform to transform their physical art into digital in the form of NFTs.
These NFTs will be featured in the world’s first Metaverse decentralized art museum. Once there, the pieces can be viewed, purchased, or added to playlists. The playlists can be used to create cinematic viewing experiences. NFTC will allow collectors, curators, and art lovers of all types to host events centered around playlists and viewing experiences. Both the NFT and the physical art can be purchased at these events. Smart contracts will be used to transfer ownership of the art. NFTC will use native cryptocurrency tokens to conduct transactions and will have governance tokens to control and vote on proposals.
According to their website (https://NFTContemporary.io), “NFTC is building an inclusive, fair, and resilient infrastructure for art circulation, freed of the impositions and limitations of authorities and institutions.” NFTC plans to launch the technology in Quarter 1 of 2022. The roadmap and token pre-sale information is available on their website.