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Transactions generate value, data leads the future, CAW culture and art world is strong, the future can be expected!

2022-07-15

The times are developing, society is progressing, and the digital age has arrived! All walks of life are about to be reinvented in the digital age, as is the cultural and art industry.

With the translation of Everydays: The First 5000 Days by renowned crypto artist Beeple into the Chinese on March 11, 2021, "Every Day, First 5000 Days" was sold at Christie's $69,346,250 auction price. The sale was watched by more than 20 million visitors worldwide, and the online digital art auction hosted by Christie's – this is Christie's first attempt to auction digital artwork in NFT form and accept digital currency payments. It took the creators 13 years and 6 months to carry out the painting, with great economic costs and the unique scarce resources of the NFT, when the auction price climbed to $1 million within an hour of listing, which lasted 15 days, and after 353 bids, it finally sold for nearly $69.35 million. As soon as the sky-high hammer fell, a stone stirred up thousands of waves, and the fire became the fuse that helped the NFT artwork to quickly go out of the circle.

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A new form of art trading

In the past, the top collections were only accessible to some head players, and ordinary people were discouraged, let alone able to participate. If the top artwork can be NFT-transformed and become a digital asset, it can not only obtain the blockchain anti-counterfeiting and tamper-proof confirmation capabilities, but also flexibly subdivide the fragments of ownership and auction revenue rights to the point where ordinary investors can participate. Faced with a series of factors such as the difficulty of monetizing traditional artworks, unclear copyrights of artworks, and high collection thresholds, as a blockchain platform, CAW brings the top artworks digitized by NFT into a highly liquid market with 7* 24-hour uninterrupted transactions in the world, so that the auction of artworks is not limited by time and space, and the value of artworks is improved 360 degrees without dead ends.

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Let art return to the public, let art show greater value.

Relying on professional museums, professional qualifications, blockchain patent technology, meta-universe technology, and NFT confirmation technology, CAW Culture and Art World is committed to creating an ecological platform for the digital collection trading of a new generation of meta-universe culture and art.At present, the threshold of the traditional art market is still too high for ordinary people, and only a few people can participate in the art collection. CaW's main job is to transform real-life art and cultural collections into 2D digital art collection assets (NFTs) and realistic metaverse 3D scenes through rich experience in collections, art auctions, and appraisals and certifications. Create a new cultural digital art NFT decentralized trading ecological platform integrating NFT traceability and confirmation of rights, NFT auction, NFT transaction, cultural creation, meta-universe museum visit, cultural play appreciation, offline physical delivery, auction and sales of cultural and artistic collections. It will use offline professional museums, art auction companies, cultural and artistic collections, cultural and creative product design and other rich art collection resources, through the NFT of art collections, using the uniqueness and circulation of NFTs, more quickly and effectively improve the value of cultural artworks and the efficiency of transactions.

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CAW is supported by six ecological technologies in the metaverse. Use blockchain systems, display systems, and operating systems to present a world of digital art collections that transcend screen limitations. In the world of CAW, you can immerse yourself in a variety of cultural works of art, visit various museums, participate in cultural art trading, auctions, creations, etc. Therefore, CAW will take the lead in leading everyone into the real web30 yuan universe culture and art world, empowering the transformation and upgrading of the cultural and artistic industry, and driving the economic increment of the cultural and artistic industry! MDGC will be its only token is bound to be popular throughout the network!

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