Russian NFT fair shows off its bids

Russia held a digital art fair for global NFT collectors

Location: Nizhny Novgorod, Russia

Over 80 videos, animations and other works were displayed

(SOUNDBITE) (Russian) ARTIST, ROMAN BOBKOV, SAYING:"Visual art sells the best, or some animations. They look more interesting for the buyers than static pictures."

Non-fungible tokens have exploded in popularity in recent months

(SOUNDBITE) (Russian) DISARTIVE ART AND TECH FAIR FOUNDER, OLGA DVORETSKAYA, SAYING:"Blockchain technology added a lot of value to the digital art. And our project is aimed at two things. In the first place, it is about mass adoption, we are bringing a new culture to the masses of people, showing how beautiful it is. Second, it is the development of a creative economy. The majority of our participants are less than 30 years old. They are creating these masterpieces and then earn money selling this content."

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