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    Home » News » Alchemy Pay Facilitating Crypto Payments for NFTs at Venice Biennale

    Alchemy Pay Facilitating Crypto Payments for NFTs at Venice Biennale

    By PRJune 24, 2022Updated:September 20, 20223 Mins Read

    Alchemy Pay, a payment solutions provider bridging crypto and fiat currency, is teaming up with the Global Crypto Art DAO at the Venice Biennale. The DAO is organizing the first-ever NFT exhibition at the Venice Biennale, The Times of The Chimeras. Thanks to Alchemy Pay, visitors will be able to buy the NFTs on display with crypto. But what exactly is Alchemy Pay, and how is it adding to NFTs’ debut at the Venice Biennale?

    Alchemy Pay Venice Biennale Poster
    Alchemy Pay is making on-site crypto payments possible at the Venice Biennale.

    Alchemy Pay bringing on-site crypto payments to Venice Biennale

    Thanks to Alchemy Pay, this will be the first time that people can buy art on display at the Venice Biennale with crypto. Certainly, Alchemy Pay’s global payment network made it a perfect partner for the Global Crypto Art DAO.

    To illustrate, Alchemy Pay has over 300 fiat payment channels. That is to say that it can accept card, mobile wallet, and bank transfer payments from all over the world. What’s more, due to its many partnerships with global financial service providers, Alchemy Pay can accept multiple fiat currencies and cryptocurrencies. Not to mention that Alchemy Pay’s automated system allows for fast and affordable transactions. Indeed, no matter how people decide to pay, Alchemy Pay makes the process easy and efficient.

    “We are happy to collaborate with Global Crypto Art DAO and introduce the Biennale’s visitors to user-friendly crypto payment solutions,” said Alchemy Pay CEO, John Tan. “We continue to focus on making NFTs and Web3 more accessible to everyday people and our crypto ramps are offering a seamless user experience to participate in this new art movement.”

    An exhibition at the 55th Venice Biennale
    Thanks to GCA DAO, NFTs are getting their shine at this year’s Venice Biennale. Credit: Bruno Cordioli

    What is “The Times of The Chimeras” NFT exhibition?

    Earlier this year the Venice Biennale Committee approved 22 artists to participate in its first-ever NFT exhibition. As a result, ‘The Time of the Chimeras’ exhibition will take place at the Cameroon Pavillion. As mentioned above, the Global Crypto Art DO organized the exhibition.

    Sandro Orlandi Stag will curate the exhibition, which takes place at the Cameroon Pavillion. The Pavillion will be set up in Palazzo Bernardo, Venice. Finally, the exhibition is open now and will remain open until November 27, 2022.

    To sum up, the Global Crypto Art DAO (GCA DAO) was founded by a group of councilors. In particular, the GCA Council includes artists, art dealers, collectors, and blockchain investors. The goal of the DAO is to create a sustainable ecosystem to support creativity and development in crypto art. 

    The expertise of the GCA DAO has enabled this groundbreaking NFT exhibition at the Venice Biennale. For those who don’t know, this historic art celebration began back in 1895. Today it is one of the most important art events in the world.

    Without a doubt, The Time of The Chimeras just shows the growth and relevance of NFT art today. Besides exhibiting different NFT artworks, the exhibition will also create a space for conversations. Attendees will get to enjoy discussions about NFT art, its future, and how people are innovating in the space. 

    Check out the Alchemy Pay website to learn more about its amazing payment services!

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    All investment/financial opinions expressed by NFTevening.com are not recommendations.

    This article is educational material.

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