The Saint Petersburg-based cultural space NFT-platform Third Place NFT, which runs on the Free TON blockchain. According to the press release, the platform’s distinctive feature is its focus on projects related to real-world artworks:
“Under the platform, artists and galleries will have the opportunity to tokenize their works, as well as register and sell exclusive rights to their creations.”
The Third Place NFT team plans to issue its own token, holders of which will receive ‘curatorial rights’ and be able to vote on the works presented, thereby highlighting truly valuable art pieces.
In the initial stage, the project tokens will be distributed among notable figures in the art world who participated in the platform’s launch. As the project develops, new participants will be able to receive governance tokens as a reward for active participation.
In addition to trading artworks via NFT, the Third Place NFT platform plans to create a ‘collective private gallery of classical art’. As part of this project, Third Place plans to source artworks on the market and, in partnership with several of Russia’s largest museums, verify their authenticity.
The rights to the discovered items will be minted as NFTs, which will be put up for sale on Third Place NFT. The price of a token representing a share in the rights will depend on the size of the artwork and its value, ranging from $1,000 to $30,000. The artworks themselves will be lent for temporary exhibitions in partner museums, and later will be displayed in the Third Place art gallery.
“We plan to exhibit cultural values acquired through NFT technology in public spaces. We are also busy selecting new artworks for purchase. In general, the list of paintings of interest for next year is already formed, and legal issues are being worked through, as well as the task of reserving works. Our ambitious goal for 2022 is to purchase and bring to the country around 10 paintings by great masters, primarily the impressionists,” said Olga Zvagolskaya, founder of Third Place.
The Third Place space, opened in August 2020 in Saint Petersburg, is the official ambassador of Free TON. It is housed in the Lopukhin-Naryshkin Mansion on Liteyny Prospekt and includes bars and cafes with an inner courtyard, as well as an art gallery and a lecture hall.
Earlier, the Free TON developers introduced the True NFT technology. In addition, a new partner of the project became a platform for HTML5 games called GamepadBot.
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