HOFA x Kreation Unveil Visionary Exhibition of AI and Digital Artworks Worth $5M

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  • World-renowned AI and digital artists XCOPY, Orkhan and OSF alongside Cath Cath Simard and Ivona Tau headline ‘Beyond the Screen’ – a new, immersive exhibition at HOFA, London, 5 – 26 May 2023.
  • The show, valued at $5 million (2500 ETH), features nine boundary-pushing artworks that explore the unique possibilities and challenges of AI and digital art.
  • Global market for digital art is projected to reach $8.5 billion this year with the AI art market said to top $1.8 billion by 2026 (Sources: Art Market Research & Markets and Markets).
  • Evolving landscape of art collecting: Majority of art collectors foresee digital art domination in the next 5 years, with 56% believing digital art holds as much monetary value as physical art (Source: Nasdaq).
  • Partners HOFA and Kreation have seen a 200% increase in new AI and digital art collectors since 2021.
  • Former Barclays trader and digital artist ‘OSF’ participates and co-curated the exhibition after becoming the highest selling lot at a recent Sotheby’s auction for  $76,500.

LONDON: 20 April, 2023: HOFA and Kreation are proud to present ‘Beyond the Screen‘, an immersive exhibition featuring nine boundary-pushing works by renowned and emerging AI and digital artists. The exhibition will launch at HOFA Gallery in London’s Mayfair district on 5 May 2023.

Beyond the Screen‘ explores the exciting possibilities that emerge at the intersection of art and technology, and is co-curated by the talented and accomplished crypto artist OSF who became the highest selling lot at a recent Sotheby’s auction, Featured artists include XCOPY, Orkhan, OSF, Cath Simard, DeeKay, Ivona Tau, Gavin Shapiro, Alpha Centauri Kid and 25m42, who are at the forefront of digital and AI art, pushing the boundaries of what is possible and transforming the world of  contemporary art in the process.

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OSF – $PEPE

“The global digital art market is expected to reach $8.5 billion this year, and the AI art market is expected to grow to $1.8 billion by 2026, which presents significant opportunities for artists, collectors and everyone involved in the digital art ecosystem. There are also challenges to originality and authorship, ethics and social implications, and artistic expression and aesthetics” says Elio D’Anna, co-founder of HOFA and Kreation. (Sources: Art Market Research & Markets and Markets).

“At the heart of this new exhibition is a consideration of these new opportunities and challenges, and appreciation of the evolution of art collecting and the new landscape of the art market” adds D’Anna.

HOFA and Kreation have experienced a 200% increase in the number of new AI and digital art collectors since 2021, and industry research also shows that the majority of art collectors see digital art dominating in the next five years, with 56% of them believing that digital art holds as much monetary value as physical art (Source: Nasdaq).

Headlining the exhibition is the critically acclaimed digital artist XCOPY, whose works often reflect on the impact of technology on society. His works consistently achieve the highest recorded figures digital art sales; including ‘A Coin for the Ferryman’ (2021) $6.02 million (1330k ETH), ‘All Time High in the City’ (2022) $6.2 million (1630 ETH) and ‘Right-click and Save As Guy’ (2021) $7 million (1600 ETH). (Source: NFT Now). Orkhan, known for his innovative use of AI to create mesmerising generative art based on his Eastern heritage and culture, has exhibited at prestigious shows such as the Venice Contemporary Art Biennale, and Art Dubai where his work titled ‘Eastern Promises’ sold for $80,000 (50 ETH).

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DeeKay – Am I Dreaming?

Ovie Faruq, aka digital artist OSF, is a former Barclays high yield credit and derivatives trader, recently became the highest selling lot at Sotheby’s Digital auction with his work titled ‘Carnaby Street’ for $76,500. OSF, co-curator and participant of ‘Beyond the Screens’, says, “I believe the fusion of human creativity with cutting-edge technology is revolutionising the art world. This exhibition serves as a platform to showcase the limitless potential of AI and digital art and how they are shaping the future of contemporary art.”

The immersive exhibition features a diverse range of works, including interactive installations, virtual reality experiences, generative art, and digital sculptures. ‘Beyond the Screen’ can also be viewed in HOFAVERSE, open 24/7 for virtual browsing.

‘Beyond the Screen’ HOFA Gallery, London, 5 – 26 May 2023

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