AMERICAN CHAMBER OF COMMERCE | Creativity and Community: How NFTs are Changing the Business Landscape

Art and Cultural Industries

Gillian Howard, Founder and Fair Director of Digital Art Fair, comes from a traditional art background, but she is actively promoting the creative potential of the intersection of art and technology. With 25,700 visitors in 23 days of the fair’s inaugural edition, she is optimistic about Hong Kong’s potential as a digital art hub.2

Jamie Cheung, Co-Founder of Blockbusters Lab, echoes this sentiment. “There are many media and historical archives trying to digitalize their materials and collectibles on blockchain. It is the perfect way to preserve historical assets and digital information for good, and NFTs enable archives and museums to have a new funding source to continue their important work.”

Cheung’s company is a go-to-market and incubation platform for Web3 projects, including a recent partnership with news organization South China Morning Post. They successfully launched 2 collections of “ARTIFACTs by SCMP” NFTs, featuring SCMP’s front pages in the memorable year of 1997.

Szabotage, the first Hong Kong urban artist in the digital metaverse, also uses NFTs for archival purposes. Originally trained as an architect, he minted his first NFT in 2020. At AmCham, he revealed that a mural he created on a wall in Sheung Wan was painted over and no longer exists. So he made an NFT using its photo documentation, “putting it on blockchain to give it longevity to be enjoyed as an NFT around the world forever.”

Contemporary Street Artist Szabotage

In 2021, his artworks were on view and sold out at Digital Art Fair. This year, he is also collaborating with Hong Kong-based blockchain “unicorn” startup, Animoca Brands. He has been showing at Artaverse which is the largest outdoor NFT and local art exhibition in Hong Kong.

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