French modern art museum, the Centre Pompidou, has partnered with digital asset firm Yuga Labs and other notable firms to exhibit non-fungible tokens in the museum. The upcoming initiative will demonstrate the intersection between art and blockchain.
Center Pompidou To Exhibit NFTs In Museum
In a February 10 blog post, Center Pompidou confirmed plans to exhibit various NFTs, including CryptoPunk #110, in its upcoming exhibition. The highly anticipated show aims to explain the integration between art and blockchain.
Established in 1977, Center Pompidou is home to famous artists’ masterpieces such as Vassily Kandinsky, Frida Kahlo, and Henri Matisse. The museum intends to feature 16 artworks from the renowned NFT collection, including CryptoPunk#110 and Autoglygh#25.
While commenting about the new NFT initiative, Xavier Rey, the French National Museum of Modern Art Director, stated that Center Pompidou would help many artists learn more about how digital arts may be fused with the blockchain. He explained:
“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.”
Yuga Labs Continues To Donate NFTs To Museums
The NFT pioneer and the intellectual property owner of the CryptoPunks NFT collection, Yuga Labs, unveiled its unique NFT museum donation initiative, the “Punks Legacy Project,” in March 2022.
The Punks Legacy Project aimed to donate several CryptoPunks NFTs to modern art museums globally and collaborate with them to offer Web3 education, crypto art history, crypto security, and NFT best practices.
The digital assets firm has already donated its CryptoPunk #305 to the Institute of Modern Art, Miami. While commenting about its new integration with the French modern art museum Centre Pompidou, Greg Solano, the founder of Yuga Labs, remarked:
“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.”
In the meantime, the French modern art museum Center Pompidou will launch its highly anticipated exhibition before the end of this spring season. Yuga Labs has confirmed to continue integrating more art museums to fulfil its legacy.
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