Five of his paintings were placed under a hammer on Friday at the NFT Marketplace, leading contemporary painters. Palais Matey Become a new artist who has entered the world of Metaverse.
Of the five assets, three are physical paintings and their non-fungible tokens (NFTs), and the other two are just online assets. The price of NFTs and physical paintings is US $ 110,000 (about 85 rupees), but NFTs alone are US $ 5,000 (about 4 rupees).
The unusual collection will be auctioned at the Wazir XNFT Marketplace by Kolkata-based Gallery Art Exposure.
“I think NFTs (Non-Fungible Tokens) are a future that goes against many common and traditional beliefs that we think of in other ways. By doing a collection of NFTs, we may not be aware of traditional art practices. We want to reach an entirely new audience, so the currently available NFTs could be an important collection or asset owned by the people of the Metaverse, “says 57-year-old Mate.
NFTs are unique, incompatible digital assets that have been verified for ownership, and details are stored on the blockchain.
The three physical paintings and NFTs to be auctioned are the 7-foot oil painting “Wedding Bell” (2013), the 72×72-inch “AMorning” (2006), and the 7.5 x 4.5-foot “The Perpetual Galore” on canvas. ” (2021)-Both oil and acrylic on canvas.
The other two works, available only as NFTs, will be published during the auction.
“We are excited to announce the launch of. Palais Matey’s NFT on the platform. The NFT market has swept the world, but most of the famous traditional artists have been out of the box. We are pleased that the WazirX NFT Marketplace is bridging the gap between traditional art and NFTs. With this drop, we want to inspire other traditional artists to experience the infinite possibilities of blockchain technology. ” Vishakha SinghVice President, Wazir XNFT Marketplace.
Mate, New DelhiAlso known as one of the longest paintings in India Called the “Indian Odyssey,” it stretches over 850 feet. The artist is PadmashuriThe fourth highest civilian award in 2014.
(This story has not been edited by Devdiscourse staff and is automatically generated from the Syndicate Feed.)
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