HOFA Gallery launches DAO for art collectors

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Amanda Cheesley,
Associate Editor,
London,
October 31, 2022


HOFA Gallery, a contemporary art gallery based in London, makes global art investment more accessible.

HOFA Gallery has announced the launch of its blockchain-powered decentralized community of contemporary art collectors, called HOFA Decentralized Autonomous Organization, aimed at making global art investment more accessible.

HOFA DAO’s new artistic community-led organization, which will officially launch on its tenth anniversary on November 11, will allow its members to make decisions about the governance of their art portfolios, such as voting for new acquisitions, the gallery said in a statement. .

HOFA’s vision is to make investing in contemporary art open and accessible to everyone using blockchain technology.

The inaugural portfolio, valued at over $3,000,000, includes works by 100 leading contemporary and digital artists, including top-notch works by Daniel Arsham and Invader, as well as established and emerging contemporary artists such as Jan Kaláb , Zhuang Hong Yi, Ilhwa Kim and bio-generative artist Agoria.

To mark the occasion, HOFA will also launch HOFAVERSE, a new multi-user interactive metaverse experience at its flagship Mayfair gallery on 10 November.

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