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How Augmented Reality Based NFTs Have The Potential To Revolutionise Arts And Culture

Updated: Nov 4, 2021

Galleries and museums are integral parts of international culture, yet in a time when the world is reeling from a pandemic and social distancing, the arts are suffering. Covid forced galleries and museums to shut their doors, leading to a complete halt in visitors and more importantly, income. In 2020, the market value for the global arts industry reduced by 22%, down from $64.4 billion in sales in 2019 to $50.1 billion. Technology, namely mixed reality, could transform the way traditional arts and artefacts are experienced going forward, and save the industry.


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