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A market for luxury NFTs in the United Arab Emirates

A market for luxury NFTs in the United Arab Emirates

The Shiny platform wishes to open in the United Arab Emirates a market platform dedicated to NFT in collaboration with artists in order to promote collections and exchanges with art lovers.

Bringing creators and amateurs together

 

With the NFT bubble bursting and the subsequent fallout, the Shiny platform realized the need to provide a marketplace where artists would have the opportunity to offer their work. “We realized that people need a place where they can find high-quality artworks from promising creators, not just randomly assembled works to capitalize on a fad,” said Maria Popova, CEO of Shiny.

 

The goal of the platform is to offer an environment based more on the quality of the works rather than on the will to capitalize on a fashion. The platform has two objectives: on the one hand, to allow promising young artists to showcase their talent, and on the other hand, to allow investors and potential buyers who want to build a collection to have a place where they can be sure to find works of high quality.

 

Several names in the art world, such as Sara Shakeel, Abdulla Elmaz and Caitlyn Grabenstein, known for collaborations with Dior, Emirates or Netflix, have already announced that they will participate in the Shiny project.

 

In addition, the platform plans to offer the works for sale as part of thematic collections. Art lovers will be able to buy the works not only with their credit card, but also with their cryptocurrency wallet. A system that, according to the Shiny platform, will bring artists and buyers closer together, while giving the latter a new way to express themselves digitally.

 

See Also

Read Also > NFT ARTWORKS REACH NEW HEIGHTS

 

Featured Photo : © Getty Images

 

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