The Dubai Culture and Arts Department has launched a unique blockchain project in the field of art. ArtBank will be the first digital bank in the world, which uses cryptocurrencies to provide funding for artistic works. Its goal is to make Dubai an international center of art.
The project is part of the Dubai 10X initiative, which aims to move the government structures of Dubai forward for 10 years compared to the entire world in all sectors.
The UAE wants to enter the realm of art, where creativity meets with technology.
The platform will launch the world’s first cryptocurrency for creativity, which will eventually grow in value and strengthen the economy of Dubai as the ecosystem grows.
Over time, ArtBank will form a database of international and regional art, in which artificial intelligence will help users navigate and interact. During the implementation phase, several partnerships will be established, including well-known banks, an investment firm and providers of intelligent solutions.
Dubai is the most economically significant city of the Middle East, and certainly the most attractive for tourists and businessmen. Everyone wants to touch its technological and financial breakthrough, which is evidenced by all its fantastic achievements. It is Dubai where major international exhibitions are held.
The art exhibition World Art Dubai returns this week to the World Trade Center of Dubai.
At the World Art Dubai, hundreds of artists from all over the world represent their works. Here you can find works of art for every taste.
The exhibition will feature over 300 regional and international galleries. Experienced collectors and buyers who discover a passion for art will be able to find works at prices ranging from US $ 100 to US $ 20 thousand, written by artists from Europe, the United States, India, Japan and other countries. Within the framework of the “Art for Every Wall” offer, everyone can find an original picture at a price below $ 1000.
Everyone will find something to his taste at the fair: art connoisseurs will get acquainted with new techniques and concepts, and those who wish to personally join the contemporary art will be able to take part in one of the master classes.
You can visit creative workshops and performances, interactive stands, discussions and much more to immerse yourself deeper into the world of art, as well as relax in cozy lounges and purchase fresh fruits on traditional farming markets. So, World Art Dubai will present unique impressions to everyone.
World Art Dubai 2018 will be held from Wednesday, April 18, to Saturday, April 21.