UnionBank partners with Canvas.PH to help artists with their NFT Endeavors

UnionBank recently announced that they have partnered with the nonprofit organization Center for Art; New Ventures; and Sustainable Development (Canvas. PH). The partnership aims to assist emerging artists and art collectors who wish to immerse themselves in the growing NFT space.

Last February, the partnership was made official in a virtual signing event between Cathy Casas, UnionBank head of Blockchain Center of Excellence (BCOE), and Gigo Alampay, executive director of Canvas.PH. The two were joined by DoE secretary, Raphael Loilla as he was the one who introduced Canvas.PH to UnionBank.

“Art has always been a powerful tool in creating positive change, and the advent of NFT technology potentially opens up more opportunities for artists to positively impact society through their work,” said Lotilla.

“Together with the leading expertise of UnionBank in blockchain, we believe that this partnership will help Canvas.PH uplift more lives through its advocacy.”

“Through this partnership, we want the public to know that UnionBank supports NFT art and intends to be involved in this emerging space. Primarily, the goal is to empower and educate artists and collectors to mint their own NFT. We also aim to draw attention to Canvas.PH’s advocacy and artworks [in order] that they may also attract interested buyers and supporters. We are proud of our Filipino artists. Their pursuit of NFT as a new medium is a true example of innovation in action,” said Henry Aguda, senior executive vice president, chief technology and operations officer, and chief transformation officer.

Source: The Manila Times