Skip to main content

NFT art, industry boom in Israel

Israel might have gotten a late start on NFT art, but it's catching up quickly with active artists and groups on all social networks.
NFT art, Israel.

The NFT (non-fungible token) art field is taking off in Israel. Last month, the Tel Aviv Museum of Art featured an exhibition titled “NFT> One of a Kinds.” Alongside discovering the 40 exhibited works of art, visitors were invited to scan a QR code that invited them to also experience the exhibition virtually on their phones with explanations on the different art pieces. A few days after the launching, three of the exhibiting designers secretly replaced the QR code with a different one, replacing the virtual works with a text complaining about the low cyber security measures the museum had allegedly employed.

The digital protest of the three designers touched on the very essence of NFT — digital files registered by an e-commerce network (blockchain). The idea is that the technology used to register these files of artworks enables reliable identification of the source, thereby rendering the artworks unique, with a distinct owner.

Access the Middle East news and analysis you can trust

Join our community of Middle East readers to experience all of Al-Monitor, including 24/7 news, analyses, memos, reports and newsletters.

Subscribe

Only $100 per year.