The prestigious House of Fine Art (HOFA) gallery will host an exclusive AI NFT art exhibition featuring digital artworks starting May 5th. The event will showcase works from top AI and NFT artists including XCOPY, OSF, Ivona Tau, and Orkhan. Besides its impressive artworks, this exhibition represents collectors’ growing interest in digital art and AI-generated content.
HOFA AI NFT Exhibition: From XCOPY to OSF
The London-based gallery HOFA partnered with the Solana-based NFT platform Kreation. The exhibition, ‘Beyond the Screen’, is one of this year’s most valuable AI and NFT exhibitions.
The event allows participants to see nine 1:1 AI artworks from top digital artists. Each piece highlights the power of AI for the artists’ creative journey in a unique way. Collectors are excited about the featured artists. Orkhan, Cath Simard, Ivona Tau, Ovie Faruq (OSF), and XCOPY created pieces carrying their NFT signature art styles all to be exhibited during the show. Given these artists’ popularity and value in the NFT world, the HOFA exhibition is valued at 2,500 ETH (or about $5 million).
“I believe the fusion of human creativity with cutting-edge technology is revolutionizing the art world. This exhibition serves as a platform to showcase the limitless potential of AI and digital art and how they are shaping the future of contemporary art,” said OSF.
In fact, it’s no wonder that HOFA is a crucial supporter of the AI art progress. This was the first physical art gallery to accept crypto payments way back in 2018. By 2022, the group had already launched its own token, wallet, and rewards app system, and other NFT innovations.
Why Does HOFA Promote AI Artworks?
Recently, both HOFA and Kreation reported a 200% increase in digital art and AI collectors since the 2021 NFT boom. What’s more, data from Nasdaq suggests that 56% of such collectors believe digital art is as valuable as physical art.
Of course, a quick look at featured artists’ careers supports these numbers. For example, Orkhan is an AI artist whose works sold for over $80K at events such as Art Dubai. Meanwhile, OSF’s piece ‘Carnaby Street’ was auctioned off for a record-breaking $76,500 at Sotheby’s.
“The global digital art market is expected to reach $8.5 billion this year, and the AI art market is expected to grow to $1.8 billion by 2026, which presents significant opportunities for artists, collectors and everyone involved in the digital art ecosystem,” said HOFA Co-Founder Elio D’Anna.
The HOFA experience will run between 5- 26 May. Can’t make it to London? You can also enjoy the HOFA ‘Beyond the Screen’ exhibition via the HOFAVERSE platform open 24/7.