'Discussing the Present and Future of NFT Art'...'NFT Art 101 Conference 2022' Held

25 Leaders from Domestic NFT Market, including GroundX and Com2uS, Attend

Discussion on Business Foundations and Activation Strategies for the NFT Art Sector

"NFT: The Original Authenticator of Content Value in the Metaverse Era"

[Hans Economy=Reporter Kim Jae-hoon] The 'NFT Art 101 Conference 2022' was held, discussing everything from the importance of future NFT (Non-Fungible Token) projects to the integration and activation strategies of culture and art.

ARTTOKEN held the NFT Art 101 Conference 2022 on the 17th at Yongsan Dragon City to discuss the present and future of NFT art.

Hong Ji-sook, CEO of ARTTOKEN, stated in her welcome address, "NFT, Metaverse, and Web 3.0 are now undeniable futures, and NFT is the beginning of the original authentication of digital content value in this era." She added, "This event was planned to create a healthy ecosystem for future society and will foster a sound virtual asset ecosystem."

Jang Bum-sik, President of Soongsil University, which co-hosted the event, explained, "Humanity is on the verge of another leap, and through the development of virtual reality and communication, we can encounter a new digital world. However, even as humanity steps into the new virtual world of the Metaverse, a means to preserve the value of original content has not been secured."

He continued, "The importance of NFT as a means of preserving content value in the virtual world is immense. Although there are transitional issues that should not be overlooked due to the recent Terra incident, we must collaborate for a healthy future society in anticipation of the digital twin world."

The conference was composed of five sessions: △The Present and Future of the NFT Market △NFT Art and Artists △MINT Your NFT △The Philosophy and Technology of NFT & DAO △NFT ART & LAW. A total of 27 speakers, including companies representing the domestic NFT market such as GroundX and Com2uS, and NFT artists, participated to discuss the integration and activation strategies of NFT and culture/art.

In the first session, "The Present and Future of the NFT Market," C-level executives from leading companies in the current NFT market, such as virtual asset exchange 'GDAC', SBI Group's 'SBI NFT', 'KOREAN NFT', digital asset exchange 'Beeblock', and 'Com2uS Platform NFT,' attended and shared insights on NFT market outlook and innovative technology.

In the second session, "Art and Artists," visual artists who are gaining immense popularity in current NFT art, such as Studio YOG, ShinyTiger, and IUM, participated as speakers, following a lecture by Art & Tech Communicator Kim Min-ji on the value and aesthetics of NFT art. They shared their thoughts and ideas regarding the new artistic paradigm of NFT art.

The "MINT Your NFT" session invited experts who planned and developed platforms for leading domestic NFT companies. Speakers, including Kim Won-sang, Head of Business Strategy and Planning at GroundX, discussed various ways to utilize NFTs, such as the minting process, content and PFP projects, NFT art exhibitions, branding, and the Metaverse.

The fourth session focused on illuminating the philosophy and future direction of NFT and DAO technology, discussing innovations we will encounter in daily life. The final session was structured to examine the legal basis for fair NFT transactions, featuring professional lawyers and professors.

An ARTTOKEN official stated, "We expect this gathering of NFT experts from various fields to serve as an opportunity for NFT art assets to establish a legitimate industry foundation by sharing accumulated know-how and technology."

Source: Hans Economy(https://www.hansbiz.co.kr)https://www.hansbiz.co.kr/news/articleView.html?idxno=622467