Magzoid Magazine - Luxury Magazine in the Creative Space | April 2022

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EVENTS Image Courtesy: Cedric Ribeiro Art Dubai 2022 closes with a record attendance of 30,000+ visitors becoming the fair's largest edition to date Art Dubai 2022, held from 11-13 March 2022 at the Madinat Jumeirah was the fair’s largest to date with a record attendance of more than 30,000 visitors across five days. It featured more than 120 presentations by 104 galleries and platforms from 44 countries across four main sections: Contemporary, Bawwaba, Modern, and Art Dubai Digital. The gallery program was complemented by newly commissioned works by internationally recognized artists and an innovative, world-class talks program that brought together the brightest minds in the global art world, and the new Bybit Talks Series. The debut edition of Art Dubai Digital featured a new physical gallery section presenting a curated selection of the most cuttingedge digital platforms internationally. Dubai's Lawrie Shabibi sold $180,000 worth of works including a wall sculpture by Mehdi Moutashar, a painting by Mohamed Ahmed Ibrahim — who is representing the UAE at the Venice Biennale — and a marble inlay work by Hamra Abbas, which they placed in a regional institution. Capitalizing on the trend for NFTs in the art world, the Art Dubai Digital section examined the context out of which NFTs, cryptocurrency, video art, and virtual reality (VR) have grown since the rise of digital art in the 1980s, including those who are leading the way in the rapidly expanding digital art space. The NFT and digital offerings at Art Dubai Digital reported sales, in both dollars and Ethereum. Institut. co sold an NFT by Tyler Hobbs for 88 Ethereum ($220,000), as well as a strong number of editions and NFTs by Lawrence Lek (each priced at $1,111) in the first time the digital artist has done a drop. Joe Kennedy, Founder, Institut.co said: “We were thrilled to be invited to participate in Art Dubai's inaugural Digital section which brought together an impeccably curated cross-section of platforms, galleries and DAOs from this innovative and rapidly expanding space. It was a great opportunity for Institut to meet members of our community IRL and educate and engage with a truly global audience, and we had a very successful week.” -events@magzoid.com 32 April 2022 www.magzoid.com
The gallery program was complemented by newly commissioned works by internationally recognized artists and an innovative, world-class talks program that brought together the brightest minds in the global art world www.magzoid.com April 2022 33
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Magzoid Magazine - Luxury Magazine in the Creative Space | April 2022

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