Punk6529 Takes NFT Art to a New Level with OM Launch in the Metaverse

Key Insights:

• Overnight, Punk6529 announced the alpha launch of the OM Project.
• In a series of tweets, Punk6529 discussed the vision and how the community can self-govern the Museum District.
• An exciting project ushers in a new dawn for the art world and art enthusiasts looking to shake the foundations of tradition.

Since 2021, art and NFTs have become one, as mainstream artists move across the lucrative world of NFTs.

The evolution of the NFT art world and the COVID-19 pandemic also forced auction houses and art galleries to reinvent the wheel and deliver auctions and art exhibitions to the living rooms of art enthusiasts.

With interest in NFTs and the metaverse accelerating at a supersonic rate, even Christie’s and Sotheby’s entered the space with conviction.

It is, therefore, of little surprise to see NFT enthusiasts launch  NFT projects in the metaverse.

Punk6529 Hits the Museum District with an Arts NFT Exhibition

Overnight, Punk6529 took to Twitter to unveil OM, an open metaverse project that aims to hand control to the community.

An impressive video highlights the Museum District and the available spaces.

3/ So, the last 8 months (and I suspect quite a few more to come), this is what I have been working on. pic.twitter.com/cEHSOXy4As

— 6529 (@punk6529) April 14, 2022

Punk6529 tweeted,

“This is the alpha version of the first district (the “6529 Museum District”) of the first city (“Genesis City”) of OM.”

Punk6529 then sends a series of tweets to describe OM and outline the goal of OM.

“The goal is a decentralized open metaverse that can scale to 100,000,000 people. 10 cities of 10M each, each within hundreds of districts, with towns, villages, and nature in between.”

6/ What is goal of OM?

The goal is a decentralized open metaverse that can scale to 100,000,000 people.

10 cities of 10M each, each with hundreds of districts, with towns, villages and nature in between.

— 6529 (@punk6529) April 14, 2022

Punk6529 goes on further to tweet,

“My dream world is 5,000 self-governing districts in 10 self-governing cities in one self-governing world.”

7/ Is OM 6529's branded metaverse?

No, I have been incubating OM but the goal is a horizontal, brand-neutral metaverse where anyone can build.

My dream world is 5,000 self-governing districts in 10 self-governing cities in one self-governing world.

— 6529 (@punk6529) April 14, 2022

In the ethos of decentralization, Punk6529 added,

“I do not want your ETH, I want your input on how to design OM. I collect in public, I invest in public and we are going to build OM in public together.”

In total, 33 tweets laid out the foundations of OM.

NFTs and the Art World Laid the Foundations for Punk6529’s Museum District

The relationship between the art world, NFTs, and the metaverse has blossomed in 2022. World-renowned auction houses, including Sotheby’s and Christie’s, have taken to the NFT space and the metaverse.

In 2021, Christie’s sold the most expensive NFT, EVERYDAYS: THE FIRST 5000 DAYS, for a whopping $69.3m. To date, Beeple’s first NFT remains the most expensive NFT ever sold. The artist behind EVERYDAYS also sold the second most expensive NFT, titled Human One, at Christie’s auction for $28.9m.

CryptoPunk NFTs have also fetched impressive sums via NFT marketplaces. CryptoPunk 4156 went for 2,500 ETH, equivalent to $10.2m at sale.

Such is the clamor for popular NFT collections, Sotheby’s held a live ‘Punk It! 104 CryptoPunks’ auction in February.

As art and the virtual world intertwine, the metaverse has become a hotbed for art enthusiasts. Art galleries have embraced the metaverse to deliver art to art enthusiasts.

For the likes of Christie’s and Sotheby’s, the OM project raises the bar and ushers in a new dawn for artists and art enthusiasts alike.