Sponsored
December 13, 2022

Morningstar Ventures Invests $5M to Open 37xDubai, a Novel NFT Art Gallery in Central Dubai

Dubai, UAE, 13th December, 2022, Chainwire

Morningstar Ventures, an investment firm specializing in digital assets and blockchain technology, is opening its first interactive digital art gallery in the heart of Dubai. Located in the Burj Daman Tower (DIFC area), ‘37xDubai’ is positioned amidst Dubai’s business and lifestyle center. 

37xDubai aims to bridge art and technology through focusing on web3 education, traditional art, digital art, entertainment, and community. A carefully curated collection of art mixed with digital experiences will make 37xDubai much more than just a gallery. Via educational programs, private events, and monthly gatherings, 37xDubai will cultivate a global community of digital art enthusiasts.

Featured artists will be able to leverage Morningstar Ventures’ and 37x’s network and expand their reach by engaging with a new influx of web3 enthusiasts. The modular technology behind the 37xDubai gallery allows for frequent changes in exhibited collections, keeping the creative space fresh and adaptable to diverse concepts. 

Clemence Cazeau, 37xDubai CEO, said: “The design and architecture of our gallery are highly sophisticated, filled with state-of-the-art equipment, interior, sound, and lighting infrastructure. We’ve hand-picked and meticulously selected every element of the space to ensure that the 37xDubai gallery and its exhibitions are presented in an unforgettable fashion to every one of our visitors.”


The co-founders of Morningstar Ventures, Danilo S. Carlucci and Arut Nazaryan, are two young Dubai-based entrepreneurs who were early investors in web3 and are affiliated with the entertainment and luxury industries. Early in 2021, the pair got together with Clemence Cazeau who brings years of experience from art, galleries, and auction houses.

The global NFT market is projected to reach 23.9% between 2022 and 2028. In the UAE, 23% of people own at least one NFT, ranking the region first compared to Europe (8%) and the U.S. (2.8%). MoMa, Sotheby’s, and other institutional players in the art scene have also opened NFT or metaverse-related initiatives or shown interest in the space recently. 

The 37xDubai team is in the later stages of the development process and has already gathered interest from a range of exclusive partners from the luxury, art, fashion, and lifestyle sectors. 37xDubai will open its doors just before Art Dubai which is to take place in early March 2023. Details around the grand opening will be released in January.

Contact

Itai Elizur
MarketAcross
[email protected]

Tags:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Chainwire is the top blockchain and cryptocurrency newswire, distributing press releases, and maximizing crypto news coverage.

More articles
Chainwire
Chainwire

Chainwire is the top blockchain and cryptocurrency newswire, distributing press releases, and maximizing crypto news coverage.

Hot Stories
Join Our Newsletter.
Latest News

Supply and Demand Zones

Cryptocurrency, like any other currency, is a financial instrument based on the fundamental economic principles of supply ...

Know More

Top 10 Crypto Wallets in 2024

With the current fast-growing crypto market, the significance of reliable and secure wallet solutions cannot be emphasized ...

Know More
Join Our Innovative Tech Community
Read More
Read more
MetaWin Launches New Base and Arbitrum Layer 2-Powered Swap System, Boasting 2-Second Payment Speeds and Half a Cent Gas Fees
Sponsored Stories and Reviews
MetaWin Launches New Base and Arbitrum Layer 2-Powered Swap System, Boasting 2-Second Payment Speeds and Half a Cent Gas Fees
March 28, 2024
Ethereum-Based Tokenized Real Estate Platform USP Launches On Republic
Sponsored Stories and Reviews
Ethereum-Based Tokenized Real Estate Platform USP Launches On Republic
March 28, 2024
Sui Spikes in Weekly DEX Volume, Joins Top 10 of All Blockchains
Sponsored Stories and Reviews
Sui Spikes in Weekly DEX Volume, Joins Top 10 of All Blockchains
March 28, 2024
DED Trends on Twitter After Memecoin Snapshot Announcement
Sponsored
DED Trends on Twitter After Memecoin Snapshot Announcement
March 28, 2024
What You
Need to Know

Subscribe To Our Newsletter.
Daily search marketing tidbits for savvy pros.