Emblematic symbols of Venezuelan folklore are traded as NFT. Illustrator Óscar Olivares successfully sold his first NFT collection while another project bridges a blockchain bridge allows the seamless transfer of data or tokens between two different blockchain projects. the cultural gap through tokenized arepas.
Some of the most representative symbols of Venezuelan culture are no strangers to the latest trends in crypto-space.
Visual artist Óscar Olivares has brought some icons of the Venezuelan tradition to the bustling market an area or arena, online or offline, in which commercial dealings are conducted. of the tokens non fungibles (NFT). A week ago, the 26-year-old Venezuelan artist and illustrator presented his first digital art collection, which includes arepas and a tokenized Divina Pastora.
He’s not the only one. A graphic designer based in Argentina is also auctioning a series of more than 80 NFT of the iconic Creole breakfast. In general, art inspired by Venezuelan tradition seems to be attracting a lot of attention from the collecting community, as the projects have collectively generated a sales volume how much cryptocurrency has been traded over a set period, such as the past 24 hours. of over $10,000.
Olivares Takes Venezuelan Culture to the NFTs
In a series of multiple and colorful designs, Olivares managed to convert one of the most typical foods of the South American country into a scarce digital asset in the Blockchain a distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies. . The illustrator has also transformed the Divina Pastora, a religious symbol the ticker of a cryptocurrency; for example, Bitcoin's symbol is BTC. highly venerated in the region of Barquisimeto, Lara state, into an NFT.
The piece NFT of the Virgin of the Divina Pastora was auctioned at the beginning of the week for a sum of USD $ 608 in the market Binance NFT non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility. . “ More than divine art, this work represents maternal love and a connection to all of Venezuela, which is subtly represented in the orchids”. reads the description of the work.
The artist began dabbling in the world of NFTs in the middle of last year. In April, he had taken to Twitter to share with his followers his first tokenized artwork, “ The Sixth Dimension “which at the time managed to sell out in less than 48 hours.
This 2022, the illustrator has taken a step further into the sector with a first collection composed of more than 50 NFT. Most of the pieces are illustrations of arepas with flat and colorful designs, but there are also pieces in which other outstanding elements of the national collective memory can be observed, such as landscapes of the Waraira Repano (El Ávila) park.
Tokenized Arepas sell for more than $1,000 USD
In an interview for El Pitazo Olivares shared his vision of how NFTs have changed the general perspective and the artist’s own perspective on the uniqueness of digital art. “ The NFTs non-fungible token, a unique non-interchangeable piece of digital content that is stored on a distributed ledger (blockchain). made me see that digital digital technologies are these electronic tools that have the ability to generate, store or even process data. art has a unique and unrepeatable connotation as an acrylic or oil painting. “he told the media, adding:
NFTs have been a bridge between my artistic world and the world of cryptocurrencies. It forces me to always represent something new, special, different. It invites me to keep creating.
The Venezuelan creator is already working on his next NFT collection and has informed that owners of pieces from the first series will have privileged access to the second collection. Owners of his tokenized creations can also access other benefits such as the possibility of printing the work in physical format with a 25% discount and a free course at the artist’s drawing school.
The appetite of collectors for Olivares’ NFT arepas seems to be growing, as some pieces can be seen to exceed the value of USD $1,000 on the market. Binance . As of the time of editing, the NFT with design of the famous Creole food are valued between 2,300 dollars, the most expensive, and USD $400, the cheapest.
Lots of appetite for NFT Arepas
But Olivares isn’t the only one who has tokenized the iconic arepa, the delicious cornmeal-based staple of the Venezuelan breakfast.
At the beginning of the month, the graphic designer Javier Paternina submitted through Twitter his collection “ Iconic Arepas “which will be composed of a total of 82 NFT arepas. The 3D designs show multiple preparations known in the Venezuelan gastronomic culture, such as the popular arepa pepiada, the pelua, the viuda, the llanera, as well as the delicious sweet arepitas.
But it also includes a wide variety of cross-cultural arepas, which pay homage to the dishes of other countries in the region such as Colombia, Chile, Mexico and Argentina. The Venezuelan artist and residing in Argentina, said on social networks that the project seeks to represent a “ bridge of cultural integration The “I am very happy with the communities that have received the Venezuelan migrants.
[Arepas Iconicas’ is] a collection of art […] designed one by one in 3D where the arepa symbolizes the Venezuelan cultural roots and the cultural integration with the communities that have received us abroad.
???? #arepasiconicas a collection of art, 82 arepas (in process) designed one by one in 3D where the #arepa symbolizes the Venezuelan cultural roots and the cultural integration with the communities that have received us abroad. https://t.co/VuT78Ev68Q #cryptoart #NFT #nftart pic.twitter.com/NPExHk9kEV
– JaviPaterVisual (@JaviPaterVisual) January 18, 2022
The Paternina collection is currently being auctioned through the NFT marketplace. OpenSea . Each piece is sold in the cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. Ethereum a decentralized open-source blockchain with smart contracts functionality. (ETH) for an average price of USD $150.
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Article by Hannah Estefania Perez / DiarioBitcoin
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