Takung Art has an online platform–www.takungae.com–for trading valuable artworks, designed for art producers and art investors. There you can find calligraphy, sculptures, jewelry, and vintage furniture. According to the recent actions taken by the company, it also wants to expand into the NFT field, a new trend in the cryptocurrency market that is gaining momentum at a tremendous speed. TKAT is worth $3.87 with a trading volume of $22,580,828. In the last days of December, its price reached $5.32, after which it fell to a monthly low of $3.29.
Mr. Kuangtao Wang has become the new co-CEO of Takung Art. He has a wealth of experience in the art trade industry, as he served as the CEO of Yongbao Culture and Media, and at that time created a similar platform, Takung Art, only offline. In addition, he was the Chief Executive Officer of Wuwei Tongju Digital Technology, whose responsibilities included equipment management and infrastructure setup. Considering all his rich experience and knowledge, used by him in the creation of NFT platforms, he will undoubtedly contribute to the development of the company in the field of NFT.