MARKET

The NFT market is a rapidly growing industry, with the total market capitalization of NFTs reaching over $2 billion in 2021. The market is driven by a growing interest in digital art and collectibles and the increasing use of blockchain technology in the art world.

The NFT market is still in its early stages and has a lot of room for growth. As more people become aware of the potential of NFTs, the market is expected to continue to grow in the coming years. The NFT Auction House aims to capitalize on this growth by providing a platform that addresses the challenges faced by NFT collectors and artists and makes it easy for users to buy, sell, and trade NFTs.

The Centre Pompidou has entered the NFT market by acquiring a collection of 18 NFTs from 13 renowned artists from France and around the world. This acquisition marks a significant milestone as it is the first made by a prominent French public museum. The collection will be added to the national collection of modern and contemporary art in France, which has been acquiring innovative "new media" artwork since the late 1970s, featuring the works of prominent artists such as Nam June Paik, Valie Export, Bruce Nauman, Bill Viola, and Vito Acconci. The acquisition was made possible through a collaborative effort between the scientific and administrative teams of the French Ministry of Culture and Pompidou's director, Xavier Rey.

Artami will target many consumers, including art collectors, investors, and casual buyers looking to discover and purchase unique digital items. The platform will also target artists and creators looking to monetize their work and reach a wider audience.

The platform will also target museums and galleries, providing them with a way to display NFTs in a physical form and also providing them with a way to track the provenance and ownership of the artworks.

Artami is uniquely positioned to capture a significant share of the NFT market by providing a comprehensive solution for NFT collectors and artists and making it easy for users to buy, sell, and trade NFTs.