The leading Paris museum of contemporary art, the Center Pompidou, announced on February 10 an upcoming permanent exhibition dedicated to the intersection of art and blockchain represented by non-fungible tokens (NFTs).
According to a February 10 announcement, the Center will feature NFTs from over 16 digital artists from around the world, including popular collectibles such as Cryptopunk #110 And Autoglyph #25both donated to the Center Pompidou.
The Pompidou Center is acquiring a suite of works exploring the relationship between blockchain and artistic creation, including its first NFTs!
The collection includes 18 projects by 13 French and foreign artists.
Additional Information https://t.co/PXL4O2E9vh pic.twitter.com/sNI7EYtK5E— Center Pompidou (@CentrePompidou) February 10, 2023
Xavier Rey, director of the National Museum of Modern Art of France, marked in a statement that the Pompidou Center is “pursuing its interest in digital art in connection with blockchain.” Rei says:
“Web3 is innovative territory that artists have now seized on to create original and bold work, and this collection confirms our support for artists in their conquest of new means of expression, which is the foundation of contemporary art.”
The exhibition, scheduled for this spring, marks the first NFT display at the world-famous Center Pompidou, featuring masterpieces by other artists such as Wassily Kandinsky, Frida Kahlo and Henri Matisse.
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We are honored to announce that Autoglyph #25 (gifted by us) and Cryptopunk #110 (gifted generously by our friends on @yugalabs) were purchased @Center Pompidou for their permanent collection. pic.twitter.com/q8URwLHbTR
— Larval Laboratories (@larvalabs) February 10, 2023
NFT creator Yuga Labs, which has owned the intellectual property (IP) of CryptoPunks since March 2022, said the initiative is part of a legacy project that donates punks to top art institutions around the world. The company has already donated CryptoPunk #305 to the Institute of Contemporary Art in Miami.
“Seeing CryptoPunk #110 on display at the Center Pompidou, arguably the most prestigious contemporary art museum in the world, is a great moment for the web3 and NFT ecosystem, and we are proud to help drive this cultural dialogue,” commented the co-founder of Yuga Labs. Greg Solano.
NFTs are digital objects that have properties such as uniqueness and non-fungibility that can be verified on the blockchain. Based on distributed ledger technology, NFTs can serve as a method for authenticating buyers of unique items, verifying aspects such as ownership. In particular, they appear in art, music, as well as blockchain-based video games.
Credit : cointelegraph.com