• Latest West African art fair features NFT, organizers highlight blockchain

  • Organizers of the West African art show Art X Lagos recently launched a Non-Fungible Token (NFT) art show featuring the work of African artists from more than six countries.

    Blockchain offers significant opportunities for artists

    In a statement published on the Art X Lagos website, organizers argue that the blockchain now offers digital artists an opportunity to sell their work. They add that such a paradigm shift offers the possibility of a more decentralized and collaborative economy, where creators can lead society towards a more inclusive and diverse path.

    As a testament to Art X Lagos’ commitment, the organizers, along with Superrare (a digital art marketplace on the ethereum blockchain), recently launched the art fair. According to a report, the physical version of this fair started on November 4 and is expected to end on November 7. The online fair, on the other hand, is expected to end on November 21.

    NFTs gain more support in Africa

    Also in their statement, the organizers took the time to explain why they were particularly supportive of NFTs. the statement explained that

    As the first international art fair in West Africa, Art X Lagos recognises the importance of contributing to the development of our rich and thriving African digital art scene, and through this project we hope to provide a glimpse into the future of art creation and collecting on the continent, while highlighting the huge potential of NFTs in the development of Africa’s creative ecosystem.

    Before the fair began, Osinachi, a prominent Nigerian artist and co-curator of the exhibition, was quoted expressing his appreciation for the work Art X Lagos is doing to help African digital artists.

    He added that he would use his experience as a digital artist to lay the foundation for the success of other African artists who he said were poised to explore the space.

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