Over the past few years, the crypto industry has seen a lot of very successful trends. It started with DeFi, followed by NFTs, and now it’s starting a whole new one – the Metaverse. So far, the Metaverse appears to be the biggest and most ambitious, as well as the one with the biggest impact on the future of the internet and online interactions.
But, one thing to note is that each of these trends relates to different industries. So. DeFi is closely related to digital finance, NFTs to digital collectibles, and the metaverse seems to be closely related to digital artwork. This potential has attracted developers who are now creating projects such as ArtMeta.
What is ArtMeta?
ArtMeta is a brand new metaverse project, recently launched on TrustSwap on December 18, 2021. The project hoped to raise $750,000. However, due to massive interest, the IDO was oversubscribed by 1,045%. He ended up quickly raising $750,000, but the overall request was $7.8 million.
A similar thing happened during the Polkastarter IDO, held on January 27, when the project attracted over 15,000 participants.
The project aims to revolutionize the way art is presented and purchased in the digital world. It is developing a premium, high-quality Metaverse that will allow artists, as well as art galleries, to rent land and virtual spaces. In doing so, connecting leading artists and galleries with art collectors and making it easier than ever for potential customers around the world to view and purchase artwork if they so choose.
Of course, since all artworks will be presented in their digital form, this means that all physical artworks will be tokenized and presented in galleries as NFTs. In this way, millions of people from all corners of the world will be able to see the artworks and buy them at any time and instantly become their rightful owners.
And, since everything will be recorded on blockchains through the use of smart contracts, their ownership will never be questioned, as long as they don’t sell the unique NFT that corresponds to the work of art in question.
The mystical city of ArtMeta
If you’re having trouble viewing the metaverse, we can tell you what it will look like and who might be able to help you. For example, ArtMeta’s metaverse will offer a hyper-realistic and beautifully rendered digital world that will bring a unique paradigm for art sales. As for what it will actually look like, it’s a mystical city set on an island filled with museums, art galleries, and concerts. This imaginary city was originally designed by painter Jonathan Delachaux, in collaboration with Romain Donnot, DI specialist and digital/visual effects artist.
The mystical city was their idea, but ArtMeta turns it into a digital reality, making it entirely photo-realistic and digital. The city is indeed very beautiful, and all its doors will be open to users wishing to visit infinite spaces, outdoors, indoors, and to participate in the high-end exhibitions and various ephemeral events that the project will organize.
The project is being developed under the leadership of Roger Haas, its CEO, who once ran a museum foundation in Switzerland. Haas also founded a world-class art gallery, which made him a leading voice in the contemporary art world.
Reach millions of art lovers
With this project, its vision and the combination of technologies it uses, there is great potential to boost the art industry and make it bigger than ever. Obviously, the art industry is huge as it is, but there’s still room for it to grow, and thanks to ArtMeta, there’s a good chance it will, and a little.
This is because the project will address a number of issues that have been holding the industry back. One example is enabling artists with access to digitization tools to be able to transform their physical artworks into NFTs in order to capitalize on and participate in an entirely new and exciting ecosystem. Instantly, creators will be able to showcase their art to millions of people around the world. Of course, most artists won’t have a technical background that will allow them to easily create NFTs, but the project also had that in mind, which is why it made sure that creating NFTs based on art would be easier. than ever before.
The Metaverse Will Have A Huge Impact On The Art World
The ArtMeta metaverse will help both artists and galleries wishing to capitalize on the opportunities offered by these advanced technologies to invite the world to experience great contemporary art like never before. Thus making fine art accessible in terms of viewing and providing access to a platform on a global scale that is currently taking the market by storm. Thanks to the constant developments within the DeFi and GameFi industries, we now have a project with a unique solution on how to apply advanced technologies to further empower and incentivize creators.