France's top modern art museum to display CryptoPunks, Autoglyphs NFTs

Published at: Feb. 11, 2023

Paris's leading contemporary art museum, the Centre Pompidou announced on Feb. 10 an upcoming permanent exhibition targeting the intersection between art and the blockchain represented by nonfungible tokens (NFTs). 

According to an announcement on Feb. 10, the Centre will feature NFTs from over 16 digital artists around the world, including popular collectables such as CryptoPunk #110 and Autoglyph #25, both donated to the Centre Pompidou.

Le Centre Pompidou fait l’acquisition d’un ensemble d’œuvres traitant des relations entre blockchain et création artistique, dont ses premiers NFT ! Ce sont 18 projets de 13 artistes français et internationaux qui entrent en collection.Plus d'infos https://t.co/PXL4O2E9vh pic.twitter.com/sNI7EYtK5E

— Centre Pompidou (@CentrePompidou) February 10, 2023

Xavier Rey, director of the French National Museum of Modern Art, noted in a statement that the Centre Pompidou is "pursuing its interest in digital art, in connection with the blockchain." According to Rey:

 "Web3 is an innovative territory that artists have now seized upon to create original and daring work, and this collection reaffirms our support for artists in their conquest of new means of expression, which is the foundation of modern art."

The exhibition - scheduled for this spring - marks NFT's first display at the internationally renowned Centre Pompidou, home to other artists' masterpieces such as Vassily Kandinsky, Frida Kahlo and Henri Matisse. 

Related: DeFi, DAOs and NFTs: Crypto is redefining how charities raise funds

We are honored to announce that Autoglyph #25 (donated by us), and Cryptopunk #110 (generously donated by our friends at @yugalabs) have been acquired by @CentrePompidou for their permanent collection. pic.twitter.com/q8URwLHbTR

— Larva Labs (@larvalabs) February 10, 2023

NFT creator Yuga Labs, which owns the intellectual property (IP) of the CryptoPunks since March 2022, said the initiative is part of a legacy project that donates Punks to leading art institutions worldwide. The company already donated CryptoPunk #305 to the Institute of Contemporary Art, Miami.

"Seeing CryptoPunk #110 displayed in the Centre Pompidou, arguably the world's most prestigious contemporary art museum, is a great moment for the web3 and NFT ecosystem, and we're honored to help drive this cultural conversation," commented Yuga Labs co-founder Greg Solano.

NFTs are digital objects that hold features such as uniqueness and non-interchangeability, verifiable on the blockchain. Based on distributed ledger technology, NFTs can serve as a method of authentication for buyers of unique items, proving aspects such as ownership. Most notably, they appear in art, music, as well as in blockchain-based video games.

Tags
Adoption
Artists
Nft
Art
France
Related Posts
NFTs of empowered women aim to drive female engagement in crypto
The market for nonfungible token, or NFT, digital artwork is taking on the traditional art industry. Within the first six months of 2021, analytics firm DappRadar recorded $2.5 billion in NFT sales, showing a major increase from the $13.7 million in sales during the same time period in 2020. Christie's auction house reported $93.2 million in NFT sales during the first half of 2021. In addition to impressive sales, the NFT marketplace OpenSea, which reportedly hosts 98% of the entire market’s transactions, registered $4 billion in NFT trading volume during August this year. While the rise of blockchain-based digital artwork …
Adoption / Oct. 19, 2021
Royal House of Savoy NFTs to debut on the 150th anniversary of the Unification of Italy
Multimedia film director and artist Yi Zhou is set to mint the first-ever royal nonfungible tokens, or NFTs, based on the story of Italy's House of Savoy. The digital works are made in collaboration with the House of Savoy's (non reigning) descendent, Emanuele Filiberto di Savoia, Prince of Venice. The House of Savoy is known for playing a pivotal role in the Unification of Italy, or the "Risorgimento", over 150 years prior. Its then king, Victor Emmanuel II, acted as a symbol of the movement. Together with the Sardinia-Piedmont premier Camillo Benso, known as the Count of Cavour, revolutionary activist …
Adoption / Nov. 16, 2021
Adidas enters the Metaverse with NFT partnerships
On Thursday, Adidas announced it was entering the Metaverse in collaboration with Bored Ape Yacht Club, gmoney NFT, and PUNKS comic. In an article posted on the Adidas mobile app, the developers behind the initiative said the following: This autumn, Adidas, known for celebrating ideas at the bleeding edge of originality, it settling in at the frontier of creativity: The Metaverse. Our goal there? To see every one of its inhabitants thrive. The Metaverse is where anyone can express their most original ideas and be their most authentic selves, in whatever form they might take. And thanks to the blockchain …
Adoption / Dec. 2, 2021
Life-changing money: The 10 most expensive NFTs sold to date
Nonfungible tokens, or NFTs, are turning out to be a treasure store with prices striding into the millions of dollars. Instances of an NFT garnering more than $69 million or a tweet fetching $2.9 million are not a fantasy, but an incredible reality. In 2021, an NFT by digital artist Beeple, or Mike Winkelmann, sold for a whopping $69 million, making NFTs a media hotshot and opening the floodgates for a string of other NFT sales, many of these in millions of dollars. Prompted by the plentiful talk about NFTs, stars like Paris Hilton, Lindsay Lohan, Eminem, Grimes and many …
Adoption / May 16, 2022
5 ways to monetize your digital art with NFTs
Nonfungible tokens (NFTs) offer a new way to sell and distribute digital art, and they have the potential to unlock new revenue streams for artists in the digital age. Here are five ways to monetize your digital art with NFTs. Fractionalized ownership This involves splitting the ownership of an artwork into smaller parts and selling them as tokens, allowing multiple investors to own a stake in the artwork. For example, an artist can create 100 tokens for a piece of art and sell them to 100 different buyers, each of whom owns a share of the artwork. Related: How do …
Adoption / Feb. 19, 2023