Dadiani Fine Art, a Contemporary Art Gallery Located in the UK, Will Offer Buyers the Opportunity to Purchase Art Using Bitcoin

Bitcoin has been making headlines in the arts industries in recent weeks, with many high profile representatives of the arts either accepting bitcoin as a means of payment or producing works that explore cryptocurrency conceptually.

Bitcoin's Presence in the Art Industries Is Growing

Dadiani Fine Art, a contemporary art gallery located in the UK, announced this week that it will offer buyers the opportunity to purchase art using bitcoin, ethereum, ethereum classic, ripple, litecoin, or dash. Cryptocurrency payments will be accepted at the upcoming Dandiani exhibition, ‘The Noise’, which will showcase sculptures made from racing memorabilia.

The gallery’s owner, Eleesa Dadiani, hopes that accepting cryptocurrency payments will open up the arts industry to “a new type of buyer”, stating that “Cryptocurrencies will provide a bridge from the elitist, centralist fine art market to a decentralised open-source world where many more will be able to become a part of this exhilarating market.” Dadiani also believes that greater adoption of bitcoin within the creative industries comprises a significant step towards mainstream adoption of cryptocurrency. “This could be a turning point for the crypto-currency market. For many years, it has been ridiculed but when traditional businesses, such as galleries, take it seriously it is a sure sign that this is a very important technology.”