Crypto-Friendly Gallery HOFA Launches in Los Angeles With Qvantum Exhibition

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The House of Fine Art (HOFA) is launching its newest gallery location in Los Angeles, their first in the US – and the inaugural presentation at the new gallery is Qvantum, the ground-breaking cryptocurrency exhibition of work by internationally acclaimed artists including Joseph Klibansky, Zhuang Hong Yi, Ilhwa Kim and Marco Grassi.

Qvantum opens at HOFA Los Angeles (819 La Cienega Boulevard) with a public reception from 6 to 9pm on Tuesday, October 30th and will remain on display until Friday, November 30th.  Qvantum already has majorly hit the headlines in London and Europe when the exhibition was recently shown during Frieze Week 2018. It set a ground-breaking precedent for making every piece of the $115M art portfolio available to be purchased through cryptocurrency.

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The anticipation for Qvantum has hit a whole new level, as Joseph Klibansky’s ‘The Thinker’ sculpture attracted a 5 metre tall commission by Zurich based Swiss collector before the doors had even opened at HOFA’s Mayfair gallery in London.

The commission was sold for 211 Bitcoin (equivalent of approx £1.1M), and the artist [Klibansky] will receive all his payments in cryptocurrency. To date, the value of the work sold has hit over £2.5M.

HOFA spokesperson Simonida Pavicevic explained why West Hollywood is the perfect location for their new gallery:

“West Hollywood is a special place where creativity in all its many forms is truly appreciated. LA is where stars are born and we know LA will shine an even brighter light on artistic talent. We are extremely excited to be able to share the exceptional works of our resident artists with art collectors in the US.”

She added:

“There is a great market in LA and there are a lot of investors there who are looking for innovative investments. The Qvantum exhibition certainly offers that, and as our exhibition tagline reflects ‘There is an Art to finding new investments’ we’re just giving LA investors a helping hand by bringing the opportunity to them.”

HOFA’s West Hollywood location will provide a new platform for artists who have enjoyed major acclaim and success in other countries and now keen to share their work with LA. The House of Fine Art – HOFA Gallery is a contemporary art gallery exclusively representing a portfolio leading original works of art featuring a multitude of genres, including paintings and sculptures, with a focus on unique, distinctive and rare artworks of appreciative value by internationally acclaimed artists. For more information, please visit: http://thehouseoffineart.com/

About Richard Kastelein

Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News put him in the top 10 Token Architects in Europe.

Kastelein has an Ad Honorem - Honorary Ph.D. and is Chair Professor of Blockchain at China's first Blockchain University in Nanchang at the Jiangxi Ahead Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford's Saïd Business School for Business Automation 4.0 programme.  Over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division.

Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London (5x), Manchester, Minsk, Nairobi, Nanchang, Prague, San Mateo, San Francisco, Santa Clara (2x), Shanghai, Singapore (3x), Tel Aviv, Utrecht, Venice, Visakhapatnam, Zwolle and Zurich.

He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com, and his work and ideas have been translated into Dutch, Greek, Polish, German and French. A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world. In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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