Launch of the Paspath NFT platform represents a golden opportunity for traditional Balinese artists

The Blanco Museum, built in 1998, ranks as one of Indonesia’s most popular museums

Balinese visual artists gather at the Blanco Museum to hear about the possibilities in the NFT space

After the workshop, many artists sign contracts on the spot to become Paspath partners

BALI, INDONESIA, January 6, 2023 /EINPresswire.com/ —
A group of influential Bali-based visual artists gathered last month at the island’s famous Blanco Museum to hear about the role NFT can play in raising the global profile of indigenous art.

The December 26 gathering was hosted by Paspath, a new platform that aims to be Indonesia’s most vibrant marketplace for NFTs, blockchain-based assets often used to denote ownership of a digital artwork. At the workshop, artists learned about how they can harness this new technology to push the boundaries of their artistic visions and expand their global influence.

Mario Blanco, who owns the Blanco Museum and hosted the event, is part of Bali’s art scene and has received several international photography awards for his work focused on preserving traditional Indonesian culture. He is convinced that NFTs hold significant promise for his fellow Bali-based creators.

At the workshop, local painters and visual artists exchanged stories about their concerns and challenges, including the difficulty of marketing their art globally.

Recent years have had a significant impact on Bali’s artists, as the pandemic took its toll on tourism to the island. A reduced influx of tourists has further limited global access to Bali’s art, which is inextricably linked to its Hindu Javanese culture, and made it even more difficult for artists working in traditional forms to reach a worldwide audience.

But the new medium of NFTs represents a new way for artists to express their artistic vision, a Paspath representative explained. The workshop exposed Balinese traditional artists to new modes of expression that can help increase the global visibility of their work.

“We are committed to working with local Balinese artists and we believe we can offer tremendous value to the traditional art community,” says the Paspath representative.

Officially launched on December 31, the Indonesia-based platform outlined several aspects of its value proposition to the assembled artists. First, as a highly diversified platform with strong global appeal, Paspath can facilitate the worldwide export of artistic works. In addition, it accepts the Indonesian rupiah for payment, which provides relative price stability and a user-friendly experience for customers. Paspath also supports multiple blockchains, including the Ethereum chain, BNB and others, thus reducing transaction barriers. The platform is backed by a team of experienced blockchain entrepreneurs with a strong track record of success in the NFT space, and has partnered with well-known industry players from around the world.

The message seemed to find a receptive audience among the Balinese artists at the workshop, several of whom signed contracts on the spot to become Paspath partners.

Paspath says the workshop was just the start of the company’s efforts to promote Web3 throughout the region. “We are a globalized team with rich experience in Web3, and we are big believers in Southeast Asia’s great potential to be a leader in Web3 and NFT,” says Paspath representative. “We will plant deep roots in this region, provide new opportunities for creators, and make the Web3 world more accessible to consumers, to support the development of Southeast Asia in the Web3 space, and generate greater value for the industry.”

According to the Paspath representative, the platform has a number of exciting NFT launches and workshop events planned in the near future, in an effort to get major cultural figures and organizations on board to promote Indonesia’s NFT market and share Indonesian culture with the world.

First, Paspath will release a collection of NFTs developed by Indonesian actor and director Jeremy Thomas, and will also work with Indonesian NFT community Metarupa to develop additional IP for the platform.

Based on the success of the Blanco Museum event, Paspath also plans to hold workshops with Superlative Gallery, a physical NFT gallery, as well as
with Metarupa.

About Paspath
Paspath is the path to your first NFT. All NFT creators and digital artists interested in submitting their work are welcome to join the platform. More information is available at https://www.paspath.com/announcement/19.

Paspath is Indonesia’s most vibrant NFT marketplace. It is home to a wide variety of non-fungible tokens (NFTs) spanning art, censorship-resistant domain names, music and collectibles.

Paspath is an ideal marketplace for both hardcore crypto users and casual NFT enthusiasts. Paspath supports fiat currency payments in Rupiah (IDR), helping users avoid the volatility and risk of cryptocurrency prices.

Paspath, the path to your first NFT.

Business development
PASPATH CONSULTANT PTE. LTD.
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