{"id":14110,"date":"2021-11-09T11:54:09","date_gmt":"2021-11-09T11:54:09","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/latest-west-africa-art-fair-features-nfts-organizers-highlight-importance-of-blockchain\/"},"modified":"2021-11-09T11:54:09","modified_gmt":"2021-11-09T11:54:09","slug":"latest-west-africa-art-fair-features-nfts-organizers-highlight-importance-of-blockchain","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/latest-west-africa-art-fair-features-nfts-organizers-highlight-importance-of-blockchain\/","title":{"rendered":"Latest West Africa Art Fair Features NFTs, Organizers Highlight Importance of Blockchain"},"content":{"rendered":"<p><strong>The organizers of Art X Lagos, a West Africa art exhibition, recently kickstarted a non-fungible token (NFT) art fair that features the works of African artists drawn from more than six countries. <\/strong><\/p>\n<h2>Blockchain Provides Important Opportunity for Artists<\/h2>\n<p>In a <a href=\"https:\/\/artxlagos.com\/reloading\">statement<\/a> made on Art X Lagos\u2019 website, the organizers argue that blockchain is now providing digital artists with an opportunity to sell their work. They added that such a paradigm shift opens up the possibility of a more decentralized and more collaborative economy, where creators can lead the way towards a more inclusive, and more diverse society.<\/p>\n<p>To demonstrate the extent of Art X Lagos\u2019 determination, the organizers, alongside Superrare \u2014 a digital art market on the Ethereum blockchain \u2014 recently kickstarted the art fair. According to a <a href=\"https:\/\/www.theartnewspaper.com\/2021\/11\/05\/art-x-lagos-puts-nfts-by-african-artists-in-the-limelight\">report<\/a>, the physical version of this fair began on November 4 and was expected to end on November 7. The online fair, on the other hand, is expected to end on November 21.<\/p>\n<\/p>\n<h2>NFTs Getting More Support in Africa<\/h2>\n<p>Meanwhile, in their statement, the organizers also took to time to explain why they are especially supportive of NFTs. The statement explains:<\/p>\n<p>As West Africa\u2019s first international art fair, Art X Lagos recognises the importance of contributing to the development of our rich burgeoning African digital art scene, and with this project, we hope to provide a glimpse into the future of art-making and collection on the continent, whilst highlighting the enormous potential of NFTs in the development of Africa\u2019s creative ecosystems.<\/p>\n<p>Prior to the fair\u2019s commencement, a prominent Nigerian artist and co-curator of the exhibition, Osinachi, was <a href=\"https:\/\/artxlagos.com\/reloading-an-nft-exhibition\">quoted<\/a> expressing his appreciation of the work Art X Lagos is doing to help Africa\u2019s digital artists.<\/p>\n<p>He added that he would use his own experience as a digital artist to lay the groundwork for the success of other African artists who he says are poised to explore the space.<\/p>\n<p><em><strong>What are your thoughts about this story? Tell us what you think in the comments section below. <\/strong><\/em><\/p>\n<p>Bitcoin News<br \/>\nAltcoins, Art X Lagos, Decentralized, Digital Artist, Ethereum blockchain, nft, Osinachi<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The organizers of Art X Lagos, a West Africa art exhibition, recently kickstarted a non-fungible token (NFT) art fair that features the works of African artists drawn from more than six countries. Blockchain Provides Important Opportunity for Artists In a statement made on Art X Lagos\u2019 website, the organizers argue that blockchain is now providing&hellip;<\/p>\n","protected":false},"author":0,"featured_media":14111,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-14110","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/14110"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=14110"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/14110\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/14111"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=14110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=14110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=14110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}