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ArtMeta is a new metaverse project that focuses on art and artists from all over the world. It was founded in the aftermath of the non-fungible token (NFT) explosion. Moreover, it has enough knowledge of the crypto-currency sector to anticipate the next big trend: the metaverse.
While the metaverse is still in its early stages, it has the potential to completely transform the way people communicate and interact on the Internet. Though, making our online experiences more engaging. While the metaverse is still in its early stages, many people have already predicted significant changes that could redefine work, culture, and social interactions.
The purpose of ArtMeta is to use the metaverse to help artists obtain recognition by exhibiting their work in a digital context; Galleries representing them will be able to rent space and land in the metaverse. Hence, collaborating with their artists to create a showcase environment.
Of course, this also entails of where to get the most recent works by both emerging and well-known artists. The metaverse is still in progress, but the ArtMeta project has already debuted on TrustSwap; The initiative hoped to raise $750,000 at the launch. Which took place on December 18, but the initial decentralized exchange offering (IDO) was overpriced by 1,045%. ArtMeta raised $750,000 in the end, but the demand was for $7.8 million.
A similar occurrence happened on January 27 at the IDO on Polkastarter, where ArtMeta was once again over-registered, with over 15,000 entries.
What will ArtMeta’s digital universe look like?
ArtMeta aspires to be more than just a platform for photographers to share their work. It will function as a digital marketplace for both actual art and digital art (in the form of NFTs). Artists will be able to sell their masterpieces to collectors all around the world by publishing their work on the new platform.