First Look: Art Gallery in Dubai to Educate Artists on NFTs, Web3

Art Gallery Aims to Bridge Art and Technology

The 37xDubai art gallery, set to open to the public this October, has a unique mission—to educate artists and art enthusiasts about nonfungible tokens (NFTs) and the broader Web3 ecosystem. Through a series of workshops held in the gallery, visitors will have the opportunity to learn about the intersection of art and technology.

Founder of Morningstar Ventures Shares Insight

Cointelegraph recently interviewed Danilo Carlucci, the founder of investment firm Morningstar Ventures and 37xDubai. Carlucci explained the gallery's goals and why it is delving into the world of NFTs and Web3, despite the current conditions of the market.

An Effort to Diversify

Carlucci described the art gallery as "an effort to bridge art and technology in one place." As a more traditional venture capital fund, Morningstar Ventures sees the gallery as an opportunity to diversify into the creative digital art and NFT space. The gallery not only showcases handpicked NFTs, but also provides educational resources to visitors curious about the world of NFTs.

NFTs as Membership Tokens

In addition to displaying NFTs inside the gallery, 37xDubai is using NFTs inspired by its Tree of Life art installation as membership tokens. These tokens serve as a symbol of membership and involvement in the gallery's artistic community.

Support for Web3 Technology

The gallery also plans to support events and workshops that promote the adoption of Web3 technology. Carlucci mentioned that the project has enlisted advisers from Binance NFT and Binance Charity to assist with these endeavors.

Belief in NFTs

When asked about the decision to dive into NFTs, despite recent market trends, Carlucci expressed his unwavering belief in the technology. He clarified that while the gallery is not exclusively focused on NFTs, it does "believe in NFTs" and sees their presence in the gallery as distinct from those created by tech companies.