- Morningstar Ventures shared details regarding its latest investment designed in order to alter the narrative in the NFT landscape of Dubai.
- Popular VC investors heightened the positions of Morningstar Ventures on the international NFT art scene.
- The Dubai-based venue will serve as a meeting point for digital art enthusiasts, commissioners, and creators from various regions of the world.
As per the latest investment narrative, it has been revealed that the renowned VC investor, Morningstar Ventures, has shared details regarding its latest investment designed in order to alter the narrative in the NFT landscape of Dubai.
It’s with great pleasure that we present our most ambitious project yet: @37xdubai
A unique digital art gallery where #Art meets #Technology – built in the heart of #Dubai 🇦🇪💫
Learn more: ➡️ https://t.co/HwzYDlbSF6
Website: ➡️ https://t.co/gyxpvy564O pic.twitter.com/wQJWzgfzmi
— Morningstar Ventures (@Morningstar_vc) December 13, 2022
It has been revealed that renowned VC investors have strengthened the positions of Morningstar Ventures on the international NFT art scene. As disclosed, the new venue based in Dubai is all set to serve as a meeting point for digital art enthusiasts, commissioners, and creators from various regions of the globe.
In accordance with the official statement released by Morningstar Ventures, the VC investors have poured $5 million into the 37xDubai NFT project. The pioneering interactive digital art gallery in Burj Daman Tower (Dubai, DIFC area), titled 37xDubai, is inching closer to its grand opening.
The new gallery is all set to onboard a brand new generation of enthusiasts to the red-hot parts of the NFT revolution, involving Web3 education, digital art, traditional art, entertainment, and community management.
The CEO of 37xDubai, Clemence Cazeau, is mesmerized by the positioning of the new project, the anticipation it unlocks for newbies, and the advantages of the NFT segment. Cazeau released a statement regarding the same that revealed the design and architecture of their gallery are highly sophisticated, filled with the ultimate interior, equipment, lighting, and sound infrastructure.
In addition to this, it should be noted that the UAE is an important industrial hub for metaverse and NFTs. This is because 23% of people own at least one NFT in their portfolio.