The NFT marketplace 01etc, operated by
Delio, Korea’s first crypto bank, opens an NFT exhibition in the Seoul Design
Plaza (DDP) through collaboration with the Seoul Design Foundation.
The NFT Gallery is organized under the
themes of ‘Introduction to NFT’ where exhibition visitors discover the basic
principles and concepts of NFT, the ‘NFT Exhibition’ section showing NFT
artworks by established artists, and ‘NFT Designer Contest’ which is dedicated
to the 01etc’s NFT Contest.
01etc has been teaming up with the Seoul
Design Foundation to host the "DDP-NFT Collection Vol.1: NFT Designer
Contest" since September 1st. The 01etc NFT content is based on the theme
of dots, lines, and dimensions representing Dongdaemun Digital Plaza (DDP), a
complex cultural area in Seoul created by famous architect Zaha Hadid. Any
digital art representation, including paintings, drawings, photographs, and 3D
submitted by participants, will go live on the exhibitions' displays.
The second round dedicated to the NFT
contest, which coincided with the gallery's opening, will continue to collect
the NFT artworks by November 3, with the following second round exhibition on
November 8. Alongside the various promotions for up-and-coming artists, a
special winning artworks-focused exhibition will be conducted after the contest
ends. More information about the NFT contest can be found on the 01etc webpage.
To enhance the awareness of the NFT
industry, 01etc conducted an educational seminar last month. Over 200 artists
unfamiliar with NFTs had a chance to participate in the academic session and
learn through the detailed explanation of every contest section, from the
introduction to the fundamental ideas behind NFT issuance and how to utilize
the platform.
In congratulatory remarks, James Jung, CEO
of Delio, stated that NFTs had built a creator economy where artists are the
core of economic activity. "I hope that together with 01etc, many people
will reach their financial goals and fulfill their dreams," he added.
Kyung Don Lee, CEO of the Seoul Design
Foundation, continued, "Amidst the global digital transformation across
the countries, I hope that Korea will be actively supporting the global movement,
as well as NFTs, which has emerged as a new entry point for modern
artists."