NFT News- The museum will host an exhibition exploring the intersection of art and the blockchain.
- This is the first time NFTs have been included in the Centre Pompidou’s collection.
The core of the Parisian art scene is getting NFTs. The Centre Pompidou in Paris, France, which houses the National Museum of Modern Art. Announced on Friday that it will be hosting a new exhibition exploring the intersection of art and the blockchain. Which will include works by 12 digital artists and NFTs from the valuable CryptoPunks and Autoglyphs projects.
In the spring of 2023, Centre Pompidou will exhibit sixteen pieces by NFT artists from throughout the world. Including the donated CryptoPunk #110 and Autoglyph #25.
Included in Permanent Collection
This is the first time NFTs have been included in the Centre Pompidou’s permanent collection. Which includes works by visionaries like Vassily Kandinsky, Marc Chagall, Henri Matisse, and Frida Kahlo. The Centre Pompidou in Paris has more contemporary art than any other museum in Europe.
Through its Punks Legacy Project, Yuga, the IP owner of CryptoPunks, gave the NFT to the museum. The gift of CryptoPunk #305 to Miami’s Institute of Contemporary Art in November marked the beginning of a campaign to exhibit the artworks at prestigious institutions across the globe.
One of the most influential and long-lived NFT collections in the crypto community is CryptoPunks, which are issued on the Ethereum blockchain. According to CoinGecko, there are 10,000 CryptoPunks in circulation, and the lowest-priced one can be purchased for 63 ETH, or about $95,000.
Meanwhile, Autoglyphs are quite uncommon. Larva Labs, the company behind CryptoPunks, has released this new Ethereum-based generative art project with a total of just 512 NFTs. The current floor price (or price of the lowest stated NFT) for that project is a stunning 249 ETH, or slightly over $377,000. The artwork was given to Centre Pompidou by Larva Labs.
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Source: https://thenewscrypto.com/prominent-art-museum-in-europe-centre-pompidou-to-exhibit-nfts/