ARTSKY LABS – NFTs by Filipino Artists are now on PDAX

ARTSKY LABS – NFTs by Filipino Artists are now on PDAX

In an exciting development for the world of art and cryptocurrency, PDAX, a leading digital asset exchange in the Philippines, has announced that NFTs (non-fungible tokens) created by Filipino artists are now available for purchase on their platform.NFTs have been making waves in the art world recently, with high-profile sales of digital art reaching millions of dollars. These unique tokens represent ownership of a specific piece of digital content, whether it be a piece of art, music, or even a tweet. By using blockchain technology, NFTs ensure that the owner has a verified and authenticated copy of the content, making it a valuable and one-of-a-kind asset.

Now, Filipino artists can get in on the action, thanks to PDAX. The exchange has partnered with local artists to showcase their work as NFTs, allowing collectors and enthusiasts to own a piece of Filipino art history.

Among the artists featured on PDAX are Leeroy New, a multi-disciplinary artist known for his large-scale installations and sculptures, and Oca Villamiel, whose work explores themes of identity and culture. Other artists include Jappy Agoncillo, Pow Martinez, and Zeus Bascon.

This move by PDAX is a significant step forward for the NFT market in the Philippines, which has been relatively slow to adopt this new technology. By providing a platform for Filipino artists to showcase their work as NFTs, PDAX is helping to promote and support the local art scene while also introducing a new audience to the world of cryptocurrency.

For collectors and investors, this is an exciting opportunity to own a unique piece of Filipino art while also participating in the growing NFT market. And for artists, it offers a new way to monetize their work and reach a wider audience.

As the NFT market continues to evolve and expand, it’s exciting to see platforms like PDAX leading the way and embracing this new technology. With Filipino artists now joining the fray, the future of NFTs in the Philippines looks bright indeed.