37xDubai Raises $5 Million from Morningstar Ventures to Build NFT Art Gallery for the Future

Understanding Why Art Galleries Matter

Art gallery spaces are critical for the development of art and for promoting and selling an artist's work to interested people. People who work at museums and art galleries do more than just stand around and look at paintings and sculptures. I think that an art gallery is a place where artists, collectors, and art lovers can talk about art, try new things, and work together. My opinion is that art galleries give people an experience that helps them connect with the art on a deeper level.

From an artist's point of view, how something looks has a big impact on how it is judged since how something looks defines what art is. The way art galleries look is mostly meant to highlight the feelings and ideas that each piece of art shows. In an ideal world, a gallery or show would tell the story of how the work was done. This would encourage aspiring artists to try new things and develop their own styles and techniques. Even though art galleries have become commonplace in today's world, that doesn't make them less important to society or to a person's present and future.

Why NFT Art Galleries Matter for the Digital Art Industry

In my opinion, as people learn more about NFTs art and how they might be used, their ideas about NFTs change for the better. NFT artists are brought to the attention of more potential patrons, which could lead to more money for them. By bridging the gap between the digital and real worlds, NFT galleries may give artists and investors new ways to make money. Many people who know a lot about art think that a digital piece of art is not as valuable as a physical one. A digital art gallery could help bridge the gap between people who like NFT and people who like traditional art.

These galleries are your best bet if you're a new artist who wants to break into the art world. The media might pay attention to a gallery show of NFTs because they are so different from traditional art. By doing this, you might make it easier for possible investors to find you.

37x Dubai Raises $5 Million to Create NFT Art Gallery in Dubai

The new future art gallery 37xDubai in the heart of Dubai received $5 Million in funding from Morningstar Ventures. The Burj Daman Tower (DIFC area) is home to '37xDubai,' right in the heart of Dubai's commercial and social hub. By highlighting web3 education, traditional art, digital art, entertainment, and community, 37xDubai hopes to create a connection between the artistic and technological worlds.

37xDubai will be much more than simply a gallery thanks to its meticulously chosen collection of art and interactive experiences. The goal of 37xDubai is to foster a worldwide network of people interested in digital art by means of workshops, exclusive events, and regular meetups.

As a result of the efforts of Morningstar Ventures and 37x, the featured artists will be able to connect with a large audience of people interested in web3. The 37xDubai gallery is able to accommodate a wide range of ideas because of its modular design, which allows for frequent modifications in the displayed collections.

What is 37x Dubai?

Incorporating NFTs, web3 education, traditional art, digital art, entertainment, and community development, 37xDubai is an immersive and interactive art exhibition. With the goal of bridging the gap between the art world and the IT world, 37xDubai is an art a gallery, displaying a variety of artworks that are also digital experiences. Clemence Cazeau, the company's chief executive officer, came up with the novel idea, and Morningstar Ventures, an investment firm located in Dubai that specialises in web 3, has supported the venture financially.

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Image credits: Josh Liu, Roberto Contreras and Christoph Schulz.