Market Watch

New Art Space Erma Gallery opened in Dubai together with POS terminal for NFT purchase

Dubai, UAE, Seven Golden Gates launched a cryptocurrency POS terminal at the Erma Gallery, a multidisciplinary art space for experimentation in art and technology. Erma will be supporting both upcoming and accomplished artists in showcasing their work, through technology-driven exhibitions set to rouse spectators. The NFT collections are available now for purchase via crypto POS terminals which would make it as simple as paying by a credit card.

Seven Golden Gate crypto POS terminal guarantees its customers and gallery guests the following opportunities:

  • Innovation: the opportunity to use a new payment method system;
  • Anonymity: completely anonymous payment without the ability to determine the identity of the payer;
  • Security: safety of every transaction through solid POS terminals.

The terminal generates a QR code for customers to scan with their digital wallet, initiating the payment process which is verified by the blockchain network. The transaction is processed and confirmed, with the cryptocurrency transferred to the merchant’s wallet. This secure and convenient method of payment provides merchants with a new revenue stream and is becoming increasingly popular as more businesses accept cryptocurrency payments.

The new POS terminal is positioned at the Eram Gallery which was opened together with the exhibition ‘0x The Garden’ by Olga Tobreluts. Tobreluts is a world-renowned artist, considered to be a pioneer of the media and digital art. In 2021 she became one of the most expensive NFT artists in Russia. Her artistic work “The New Mythology: DOLLAR” has been sold for 1 ETH. 

‘0x The Garden’  – is a form of analysis and a way to reconsider classical heritage through contemporary representational approaches. The exhibition includes works made using lenticular printing, classical paintings and digital art. 

The exhibition is available for guests until 17th of July, The artworks are available for purchase via Seven Golden Gate POS terminal. 

About Seven Golden Gates 

Seven Golden Gates provides consultations and training on working with cryptocurrencies, along with support for payments on registered trading platforms in the UAE. Services such as wallet creation, cryptocurrency trading, data and transaction security, and risk management for these investments are provided to support cryptocurrency investment needs. Assistance is available whether seeking advice on cryptocurrency use or starting a personal wallet.

About Erma Gallery

Erma Gallery is a multidisciplinary art space that aims to challenge and expand the boundaries of contemporary art by showcasing works by artists that integrate technology and digital medium into their practice. As a space for experiments in art and tech, Erma Gallery supports both aspiring and established artists in showcasing their work through technology-driven exhibitions. The gallery’s focus on digital art is a reflection of the increasing importance of technology in the art world and its potential for transforming traditional art forms.

Zex PR Wire

Recent Posts

Digital Asset Insurance Crisis: $19 Billion Coverage Gap Identified in New Report

A recent report, Furthering Digital Assets 2024: Pioneering Insurance Solutions for the Web3 Era, highlights…

29 mins ago

Rescue Social CEO Spotlights Witnesses in Hollywood and Investigative Justice

California, US, 17th November 2024, ZEX PR WIRE, Christina Taft, CEO of Rescue Social Inc.,…

21 hours ago

Quarden Sets New Standard in Cybersecurity and Fraud Prevention for Digital Payments

As cyber threats continue to grow and evolve, Quarden is stepping up to provide a…

21 hours ago

Bitwise Files to Launch Crypto Index Fund as an ETP

The largest cryptocurrency index fund manager in America, Bitwise, is looking to launch the world’s…

3 days ago

Major Global Bank Societe Generale Expands its Euro-Pegged Stablecoin to XRP Ledger

The digital asset-focused subsidiary of major global bank Societe Generale, SG-FORGE, has announced it’s expanding…

3 days ago

FBI Raids Polymarket’s Founder in Investigation Over U.S. Betting

Federal agents seized electronics from Polymarket CEO Shayne Coplan’s New York apartment early Wednesday morning,…

4 days ago