NINFA Labs opens permanent physical space for NFTs in Milan

Despite turbulence in the cryptocurrency market following FTX's bankruptcy on November 11, 2022, the NFT marketplace NINFA has launched a permanent physical exhibition space in Milan. Founded in April 2022 by four young digital experts, NINFA uses the Ethereum blockchain for creating and trading non-fungible tokens. In just three months, it engaged 110 creators; now it collaborates with 422 artists, 16 galleries, and offers over 430 digital works. NINFA Labs, located at Via dell'Aprica 16 in the Isola district, opened in September 2022. The 200+ square meter space features 15 screens for projecting NFT artworks and functions as a boutique where visitors can purchase digital art, fashion capsule collections, and design pieces. Unlike other platforms, NINFA charges no primary commissions, allowing artists to keep 100% of their sales. The platform also has a dedicated section for intermediaries such as gallerists, curators, and brands. Founder and CEO Brando Bonaretti stated that the space aims to be a creative hub for the crypto and NFT community, offering educational events and opportunities to explore the digital environment. NINFA Labs also serves to introduce the general public to Web3, with initial experiments held during Milan Digital Week.