Art Galleries and Traditional artists join Digital artists in NFT market
Del’art closes significant strategic funding round led by art-focused investors
Tempe, AZ. May 27, 2021/ — Chad Little, founder and CEO of Del’art (delart.co), announced the formation of an artist-driven online marketplace focusing on the challenges faced by traditional artists and galleries navigating the world of NFT based commerce.
Traditional artists and their galleries can now join digital artists on the rapidly expanding NFT and cryptocurrency enabled market. The blockchain and NFT’s are poised to disrupt the worldwide art market by delivering much needed transparency, a record of authenticity and the ability for artists to participate in future sales.
The market for NFTs exploded in Q1 2021, to $2B, an increase of 2000% over Q4 2020. Art sales and trades made up 48% of that. (Source: nonfungible.com). With the majority of the NFT art market being digital works, Del’art is poised to unlock tremendous value from the $64B traditional fine art market.
Del’art will provide the tools and support to quickly get artists selling NFT enabled art. Every aspect of the service is being designed to make artist onboarding fast and painless, with buyers looking for these quality pieces.
“At Del’art, our goal is to free the artist to create, whether in digital or physical media, and to drive buyers to their work. We understand how commercial demands can impede the creative process. Our team and technology are here to help enable artists to spend more time on their craft.” said Chad Little, CEO.
“We will be inviting top-tier artists, with established credentials and market following, to bring their traditional and digital pieces to Del’art. Once online, artist’s works will be presented to collectors identified as likely purchasers. Our data driven platform will support collectors looking for investment opportunities as well as emerging artist’s work.”
Del’art is the culmination of Chad’s 30 years of technology entrepreneurship and a decade as a practicing artist in digital and traditional media.
The Del’art platform supports the established relationship between artists and galleries. Turn-key tools will enable galleries to expand their artist’s market reach and financial potential, leveraging Del’art’s promotion and event marketing.
Del’art recently closed a significant strategic funding round led by art-focused investors. This funding round and commitments around future support will ensure that the company will have the ability to reach the vision of bringing this disruptive service to market.
About Del’art
Del’art is a platform for artists, galleries and collectors to invest and trade in traditional and digital art via the blockchain. Del’art is headquarted in Tempe, AZ. For further information
contact: Info@delart.co
