Cryptocurrency exchange CoinSpot partners with Sydney’s first NFT exhibition, Satellite

Cryptocurrency exchange CoinSpot partners with Sydney’s first NFT exhibition, Satellite

Australia’s cryptocurrency exchange CoinSpot has announced its innovative partnership with Sydney’s first major international NFT exhibition “Satellite”, a free event that will give Sydney-siders their first peek at the world of NFTs (non-fungible tokens).

Running from 9 March through to 3 April 2022 at Twenty Twenty Six Gallery in Bondi Beach, New South Wales, Satellite will present over 40 unique pieces from some of the world’s leading NFT artists including Beeple, Trevor Jones, BossLogic and Serwah Attfua to name a few. Some of the exhibited pieces will also be auctioned off with all sales proceeds directly supporting not-for-profit ‘Citizens of the Great Barrier Reef’.

To drive education and awareness of the emerging asset class, CoinSpot experts will be on the ground to support attendees and answer questions they have around the purchase of Ethereum and how they can use it to bid on the digital artworks available at the exhibition.

Working directly with renowned digital artist Kode Abdo, who is better known in the digital art world as BossLogic, CoinSpot has also commissioned a bespoke NFT which will be available during the exhibition for attendees to bid on. All proceeds from the NFT will also be donated to ‘Citizens of the Great Barrier Reef’ to support their initiative of protecting and conserving the Great Barrier Reef, and reefs around the world.

Tim Wilks, Market Executive at CoinSpot said, “We’re excited to announce our partnership with Satellite, especially as it’s the first of its kind here in Australia. It’s a fantastic opportunity to introduce the broader population to the growing NFT sector, which we believe will play a huge role in the future art and culture.

“Traditionally only available online, the Satellite exhibition brings NFTs off the web and into a physical space, while showcasing and celebrating emerging local and international artists, many of whom are creating pieces that are gaining worldwide attention.

“It’s an exciting time for the crypto space as more Australians are joining the ecosystem, and CoinSpot is proud to support an event which aims to provide education and information about NFTs and their potential to transform the art world, as well as most modern industries,” concluded Wilks.

The full extent of CoinSpot’s relationship with Satellite, and details on the exchange’s bespoke NFT created by BossLogic, will be announced closer to the event.