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Gulf Press > Business > Making art ownership more accessible through blockchain technology – News
Business

Making art ownership more accessible through blockchain technology – News

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Last updated: 2024/07/18 at 6:16 PM
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Raza Beig, a prominent figure in the retail industry, has recently reemerged after a two-year media break. Now, he is focusing on merging his retail expertise with the revolutionary potential of blockchain technology in the art world with his latest project, Artfi. Collaborating with founder Asif Kamal and co-founder Aly Raza Beig, Artfi is a unique platform that aims to democratize art ownership by blending traditional art with modern technology.

Artfi launched with a Token Generation Event in June 17, 2024, with the goal of disrupting the traditional art investment landscape. The platform leverages blockchain technology to make high-value art accessible to a global audience. Over the past two years, Artfi has formed partnerships with renowned artists and celebrities like Sacha Jafri and Salman Khan to fractionalize their art, making it more accessible to a wider audience.

Raza Beig, a distinguished art collector with over three decades of experience, believes that Artfi has the potential to transform the way people interact with art. By making art ownership more accessible, the platform aims to create a new art experience for users. Beig’s son, Aly Raza Beig, also played a crucial role in merging his father’s love for art with cutting-edge technology, pushing the boundaries of the art world.

Dubai, known for its blend of tradition and innovation, plays a significant role in Beig’s journey with Artfi. The platform embodies the innovative spirit of Dubai, and Beig is proud to be part of this groundbreaking initiative. As Artfi gears up for its initial launch, Beig looks forward to witnessing the platform’s impact on the art market and invites everyone to join them on this revolutionary journey, transforming the way art is bought and sold in the future.

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News Room July 18, 2024
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