South Korean blockchain and Metaverse ecosystem, 3Space Art, has enabled NFT as a subscription service to allow people to decorate their spaces with digital art. The new feature will now enable NFT owners to show off their digital art collectibles in their offices, offline galleries, and their homes.
As a result of the development, NFT-powered digital arts will now be displayed in the real world. This will include in homes, kiosks, TVs, museums, as well as in other locations.
3Space Art says it plans to bridge the gap between the real world and digital arts, allowing collectors and buyers to work together to make digital arts accessible to the real world. The platform added that digital art collectors and artists alike will be encouraged to share their unique works, enabling them to gain audiences outside the virtual world.
3Space Creates The Opportunity For New Entrants
To make this possible, the 3Space team is partnering with different offline event organizations and ventures to gain more audience. It is also looking out for those who are new to the world of crypto and NFT space. The idea is to enhance more adoption and expand the industry.
3Space also has an interest that will make it easy for the set of newcomers to have more information about crypto and buy the digital art they want via fiat currency and credit cards.
Additionally, customers can buy their preferred piece of digital art by scanning the PR code. They can choose to display digital art wherever they want.
3Space To Also Offer Rewards In Form Of PACE Tokens
The Non-fungible token marketplace run by 3Space provides the platform where people can buy digital artwork as NFTs. Additionally, they can also gain rewards in the form of PACE tokens by staking their NFTs in the Art Pool.
The NFT space generated a lot of interest in 2021 after taking the crypto industry by storm. It saw several companies, sports personalities, and celebrities joining the trend by launching their collectibles or buying one themselves.
NFTs are digital assets that document the ownership of items such as videos, images, as well as other collectibles on blockchain. It allocates provable ownership over digital assets for the first time. The massive interest enabled the NFT industry to generate a whopping $23 billion in trading volume in 2023.