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TREND October 2023

Digital Art: Monada Art and 10101.art present a unique experience with Dalí and Picasso in Dubai

At the confluence of traditional art and digital innovations, Monada Art gallery Arte Monada has joined forces with 10101.art, a pioneering art tokenization company. Together, they have excitedly unveiled their first location in Dubai, highlighting masterpieces by two titans of art, Dali and Picasso.

The collaboration between Monada Art and 10101.art marks a momentous shift in conventional art ownership paradigms. By leveraging blockchain technology and the ingenuity behind NFTs, they aim to redefine the landscape of art ownership, democratizing access to fragments of these masterpieces and fostering a sense of co-ownership among art lovers.

10101.art has set a goal to make the legendary works of artists like Banksy and Warhol more accessible, streamlining the transfer of ownership with just a few clicks. This innovation is backed by blockchain technology, ensuring transparency and authenticity in every transaction.

The choice of Dubai as the location for this cutting-edge gallery was no accident. The city has established itself as a global epicenter for finance, art and technology, and its vibrant environment perfectly matches the vision of both entities to merge the classic with the digital.

Blockchain technology is upending the foundations of the art world by opening doors to wider access to iconic works and expanding the boundaries of the global art market. More than just a management tool, blockchain has proven to be a source of inspiration for new art forms, exploring the challenges and possibilities offered by this disruptive technology.

The tokenization of art is not just a digital trend, but represents a real revolution in the way we perceive and relate to art. Through the transparency provided by the blockchain and NFTs, it seeks to establish a clear system for tracking the ownership history and changes in value of original works of artstresses Alina Krot, Head of Product at Monada Art.

10101.art is committed to security and authenticity as cornerstones of its platform. Through DeFi protocols and a solid legal structure, the company ensures that every token holder not only acquires digital art, but also becomes a legitimate owner of a real masterpiece.

In an environment where the term "NFT" has raised a diversity of associations, Krot stresses the importance of demystifying its perception, focusing on its usefulness as a technological tool and its potential for real-value projects. Despite the current challenges, he is confident that NFT technology will find its respectable place in the modern digital age.

Monada Art Art Gallery - Cover Image
Location of Monada Art, art gallery

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