by Terence Zimwara
The Tezos Foundation recently said it has committed $1.23 million to a fund that will be used to collect non-fungible tokens (NFTs) created by African and Asian artists. Photographer Misan Harriman has been selected as the curator of the foundation’s permanent art collection.
The Swiss non-profit organization, Tezos Foundation, recently said it has committed about $1.23 million (£1 million) to a fund, which will be used to collect non-fungible tokens (NFTs) of upcoming artists from Africa and Asia. The artists’ works will be curated by Misan Harriman, a renowned photographer and one of the pioneers in the making and collection of NFTs.
As per The Art newspaper report, Harriman — the chair of London’s complex of artistic venues, Southbank Center — will also focus on acquiring the works of artists from regions with less representation in the NFT community.
Commenting on his role as the curator of Tezos Foundation’s so-called permanent art collection, Harriman said:
As the first curator of this collection, I want to make sure the world sees the diverse voices that are making truly extraordinary work[s] with art. The Tezos Foundation Permanent Collection will support and celebrate a new generation of artists that have chosen a smart contract-enabled path to be their true selves.
While critics of NFTs have voiced concerns over the volatility of cryptocurrencies, proponents of the underlying blockchain technology insist NFTs will break down long-standing barriers in the art world. According to Tezos Foundation, itself an arm of the Tezos Blockchain, whilst hurdles still remain they cannot stop the growing use of NFTs.
Meanwhile, in a recently released statement, Arthur Breitman, a co-founder and early architect of Tezos, spoke of how the collection raises awareness for Web3 artists. He added: “This project, in collaboration with Misan Harriman’s talent and expertise, allows us to create a bespoke destination with the sole purpose of elevating digital artists who turn to Tezos for a sustainable way of sharing their work with the world.”
What are your views on this story? Tell us what you think in the comments section below.
Terence Zimwara is a Zimbabwe award-winning journalist, author and writer. He has written extensively about the economic troubles of some African countries as well as how digital currencies can provide Africans with an escape route.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Oman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework
Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)’s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real estate will open investment opportunities for local and foreign investors. Real … read more.
Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year
The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this … read more.
Check all the news here