Saudi artist Abdullah Qandil says that he does not believe in the effectiveness of non-fungible tokens (NFTs) as they are today due to their inability to protect the intellectual property of business owners.
For that reason, Kandil devised a new way to classify works as physical or digital tokens. The method would redefine the artistic tech scene and protect artists’ works in the Middle East region by preserving intellectual property.
Qandil established two types of irreplaceable symbols certified by artists:
1- The non-fungible digital code, which is not connected to any physical assets and is based on a digital piece of art,
2- A non-fungible physical token, which combines a physical asset with digital support.
Plastic art in the Kingdom appears to be one of the signs and landmarks of the great transformation that took place recently, especially after Vision 2030.
That does not negate that plastic art in the Kingdom did not exist or that there were no Saudi artists who reached the heights of glory and achieved unparalleled successes.
In the end, there is a rich artistic history in the Kingdom, but what is remarkable about the matter now is the presence of clear and explicit official and governmental support for the artistic field in general.