[Asia Economy Reporter Hyunseok Yoo] BlueberryNFT announced on the 18th that it will open an art NFT marketplace and an offline NFT gallery under the brand ‘STAN by B’ in collaboration with ACNY (Art Concierge New York) and proceed with the business together.


Through this contract, BlueberryNFT plans to open an offline NFT-exclusive gallery named 'STAN by B' on the second floor of its building and an online art NFT marketplace in November. Gallery STAN will be responsible for the exhibition and gallery operations of STAN by B.


The two companies also plan to create NFT galleries in the metaverse, which blends the real and virtual worlds, and lead the art NFT market.


ACNY is a company that provides art-related consulting to individuals and corporations, and simultaneously conducts exhibitions and various planning projects for domestic and international artists through space businesses such as Gallery STAN and STAN Art Center.


Gallery STAN houses many emerging artists who are drawing enthusiastic interest and response from the MZ generation, and is regarded as a frontrunner that will lead the future art world. It also participated in Art Busan last May and KIAF, the largest domestic art fair held on the 13th, where it recorded sold-out sales.


As the untact culture has taken root due to the COVID-19 pandemic, interest in NFTs, which are means to prove intellectual property rights of digital assets, has increased, and various industries such as sports and distribution are utilizing NFTs.


On the first day of the official KIAF event held on the 13th, art transactions worth approximately 35 billion KRW took place during the VVIP open. This surpassed the previous record high sales of 31 billion KRW achieved in the 2019 event in just one day, indicating active art trading.


Coinbase, the largest cryptocurrency exchange in the United States and the only listed exchange, has announced the launch of an NFT marketplace. In Korea, Ground X, Kakao’s blockchain technology affiliate, operates 'Klip Drops,' a domestic NFT artwork distribution platform, showing that global interest in the related industry is high.


BlueberryNFT, which has already officially entered the NFT business by signing publicity rights contracts with the Korea Professional Baseball Players Association, professional soccer, professional basketball leagues, and the KOVO Volleyball Federation, is now accelerating its entry into the art NFT marketplace market through this contract.



A company official said, "We are pleased to proceed with the business together with ACNY," adding, "We will do our best to become a leader in the market by systematically advancing related businesses while expanding projects such as marketplace openings and metaverse NFT galleries, thereby officially launching the art NFT sector."


This content was produced with the assistance of AI translation services.

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