Place/Date: Tallinn, Estonia - September 15th, 2022 at 10:28 am UTC · 4 min read
Contact: Andres Steimberg, Source: MarketAcross
Estonian art startup, Kanvas.ai, announced it will become the first Baltic art NFT marketplace to offer art NFTs created on the Tezos blockchain. The Estonian art startup offers a curated platform for art NFT collectors with the support of the Tezos Foundation.
Kanvas.ai is the first art start-up in Estonia that offers artists, collectors and galleries various technical solutions built on the Tezos blockchain which boasts a thriving fvirtual buying and selling environment, collectors’ secondary market, online exhibitions, opportunities to use NFTs and augmented reality technology.
Astrid Laupmaa, co-founder and CEO of Kanvas.ai, stated:
“Our platform offers these opportunities to artists and galleries, and thus art reaches a much wider audience. With the help of the support, we can develop the technical side related to NFTs and expand to other European countries as well. We are delighted to now offer art NFTs created on Tezos. In addition, we look forward to joining the thriving Tezos art community and to become part of such a supportive creative ecosystem.”
According to Laupmaa, Kanvas.ai has not received any major funding rounds so far, as the company’s focus has been on developing appropriate technology. The Tezos Foundation’s support allows the company to build new technology on the platform, after which Kanvas.ai plans to conduct a larger investment round. The first angel investors of the platform were Sonny Aswani, Marek Pärtel and Julian Kaljuvee, active as investors in the landscape of Estonian startups.
Among other things, the Kanvas.ai platform expands the possibilities for artists with the help of the NFT technology. NFT art ensures the authenticity of the work, it also helps artists to increase their income. “The use of NFT technology solves the problem in the art world where the artist is left out of the sales chain. This allows artists to create a network, communicate with buyers and monitor the movement of their work. On our platform, when artists sell virtual art, they receive a 10% commission on each transaction – even if the work is sold on the secondary market, the artist also gets a share of it,” said Laupmaa.
Currently, 75 professional artists from around the world including Estonia’s Raoul Kurvitz, Vilen Künnapu and Kaupo Kikkas , and 20 collectors have joined the Kanvas.ai platform. The company has also held exhibitions with several local galleries, such as Põhjala Gallery, Telliskivi Creative Campus and Solaris Gallery.
Kanvas.ai is an Estonian startup that offers artists, collectors and galleries a digital platform to trade and network. Kanvas.ai gives the best tools to invest in art by offering the latest technologies in the secondary market including artindex.
The Estonian startup opens up traditional art to the global public, the NFT market on Tezos blockchain and allows different payment options, including crypto. Further, Kanvas.ai offers tailored NFT consultation through webinars.
The attached above pictures show Kanvas.ai co-founder and CEO Astrid Laupmaa and the Kanvas.ai team taken by photographer Daria Prasko.
Tezos is smart money, redefining what it means to hold and exchange value in a digitally connected world. A self-upgradable and energy-efficient blockchain with a proven track record, Tezos seamlessly adopts tomorrow’s innovations without network disruptions today.
The Tezos Foundation is a Swiss foundation, supervised by the Swiss Federal Foundation Supervisory Authority which is part of the Swiss Federal Department of Home Affairs. The Tezos Foundation’s purpose is the promotion and development of new technologies and applications, especially in the fields of new open and decentralized software architectures including the promotion and development of the Tezos protocol and related technologies.
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