First NFT art exhibition presents revolution in digital art sector and excellent opportunity for Bahrainis | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

First NFT art exhibition presents revolution in digital art sector and excellent opportunity for Bahrainis | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

RAK Art Foundation and Dar Alfann Gallery yesterday signed a joint venture to create NFT MENA EXHIBIT 2022, a state-of-the-art exhibition that will take place at the Ritz-Carlton Manama from 16 to 18 March during the F1 weekend in Bahrain, offering a unique and innovative experience and the first of its kind in the region. NFTs (Non-Fungible Tokens) are digital contracts that allow people to prove they own specific online assets, like official copies of a given artwork, and are usually bought and sold with cryptocurrencies. Enthusiasts bill NFTs as a new way to support art and own collectables. The global art conversation is changing and Bahrain has chosen to capitalise on this, presenting us with a revolution in digital art, one that will forever alter the way we perceive the art world, according to RAK Art Foundation. “The exhibition, which is the first edition and will go on to become an annual event, will provide a platform for much-needed conversations about a decentralised future and the next phases of the Internet, as we begin to consider the blockchain and its many facets and assets and try to come to terms with a new frontier; one that merges the worlds