Unveiling the Future of Crypto-Art: Sastanaqqam’s Journey and the Metaverse Revolution. Interview with Mohamed Azzi

In a fascinating exchange at the 2023 Blockchain Economy Summit in Istanbul, Petar Velchev of CoinReporter engaged in a deep dive with Sastanaqqam’s Mohamed Azzi about his company and its place within the rapidly evolving crypto-art landscape.

Azzi, whose firm, Sastanaqqam, is a comprehensive ecosystem built around a single token, spoke about the philosophy behind the company’s unique moniker saying that It’s basically all about questioning yourself and using that introspection to rise in the work ecosystem.

The company’s main objective, Azzi went on to share, is to usher artists into the web3 ecosystem by providing them with the tools to digitize their art. To this end, Sastanaqqam has created a marketplace for digital art, a virtual museum for displaying it, and a non-custodial wallet to handle transactions on these platforms. The company’s operations are based on the Polygon platform, and they have plans to introduce a native token, the blue token, soon.

Azzi revealed that their virtual museum is also a Virtual Reality (VR) experience designed to democratize access to digital art, while simultaneously boosting the visibility of artists and their work. He also mentioned future plans to construct virtual galleries for renowned collections, particularly in Germany.

When quizzed about the concept of the metaverse, Azzi noted that it has existed for a long time but is now becoming increasingly democratized. He sees a future where the metaverse will have practical and beneficial uses. Although Sastanaqqam is not yet fully integrated into the metaverse, Azzi assured that they are prepared to enter it, with an ecosystem adaptable to this new reality. He envisions the metaverse as a potential platform for showcasing art globally.

On the topic of meme coins, Azzi expressed that success could come from unconventional beginnings, but ultimately, the value and utility brought to the token are what matter. He said that meme coins lacking in useful applications or characteristics would eventually fade away.

Azzi firmly believes in the potential of art as a sound investment, a belief strengthened by the emergence of digital art and NFTs. He views the rise of cryptocurrencies as a promising development that offers security, transparency, and greater access to financial services. While recognizing the risks associated with investing in cryptocurrencies, he feels they hold the potential to revolutionize our financial system.

All in all, the conversation painted a picture of an innovative company working to bridge the gap between traditional and digital art, while also preparing to immerse itself in the exciting possibilities of the metaverse.