- NFT collector Ovie Faruq has likened NFTs to an oil canvas saying that it just gives an artist a platform to transact
- Faruq believes NFTs have a certain stigma that hinders their adoption
- The collector was speaking at the Beyond the Screen exhibition planned by the London-based physical NFT gallery HOFA
NFT collector Ovie Faruq has likened digital collectibles to an oil canvas saying that they offer artists a platform to transact, adding that NFTs carry a certain “stigma” that hinders their adoption. Faruq, also known as OSF, was speaking at the Beyond the Screen exhibition planned by the London-based physical NFT gallery House of Fine Art (HOFA). The collector added that NFTs will see widespread adoption when people buy collectibles just like any other artwork.
Digital Art, Not NFTs
Speaking to Decrypt, OSF, who is also an NFT artist, said that the exhibition, despite showcasing NFTs, has avoided using the term NFTs. The artist disclosed that they want to equate collectibles with any other type of digital art. According to the collector, NFTs present artists with a “mechanism to transact” just like screens displaying artworks or an artist using an oil canvas.
OSF added that viewing NFTs as a medium will help overcome barriers blocking the widespread adoption of digital collectibles, adding that viewing NFTs as digital art will also help stop people from speculating on their price and focus on the creations.
Be Noble, Don’t Chase the Crypto Culture
According to the collector, the exhibition seeks to display works from NFT artists targeting “to achieve noble things” in the space, while also distancing them from those chasing the cryptocurrency culture.
Some of the artists participating in the exhibition include XCOPY and Cath Simcard. However, this isn’t the first time NFTs have found their way into exhibitions. In February, for example, Yuga Labs donated a CryptoPunk for display at Europe’s top museum.
With NFT artists coming together to push for creatively-done collectibles, the NFT space may recover from losses made in 2022.