UAE based luxury NFT marketplace, is set to launch this October. Shiny NFT Luxury marketplace will collaborate with artists to create curated and themed collections that art enthusiasts can purchase either using their crypto wallets or credit cards. Collectors can benefit from future appreciation in an artwork’s value while also supporting artists through a small royalty fee on resale.
Maria adds, “The past year has forced us all to embrace a more remote life and accelerated adoption of digital media,” said Popova. “As the virtual world becomes an ever-increasing part of our everyday lives, people will need ways to express themselves in more digital ways. NFTs allow you to own virtual clothes, houses, art and even land. We’re very excited to see where the medium goes in the future and we want to be at the forefront of this revolution.”
Earlier this year Icecap set up its headquarters in UAE to launch its NFT Diamond marketplace.