The famous contemporary art museum in Paris, the Pompidou Center announced on February 10th that it will host an upcoming permanent exhibition targeting the intersection between art and blockchain represented by nonfungible tokens (NFT).
According to a February 10 announcement, the Center will present NFTs from more than 16 digital artists around the world, including popular collections such as CryptoPunk #110 and Autoglyph #25, both donated to the Center Pompidou.
The Pompidou Center acquired a set of works related to the relationship between blockchain and artistic creation, including the first NFTs!
18 projects by 13 French and international artists are included in the collection.
More info https://t.co/PXL4O2E9vh pic.twitter.com/sNI7EYtK5E— Center Pompidou (@CentrePompidou) February 10, 2023
Xavier Rey, director of the French National Museum of Modern Art, noted in a statement that the Pompidou Center “pursues interest in digital art, which is related to blockchain.” According to Rey:
“Web3 is an innovative area that artists are now seizing to create original and daring works, and this collection reaffirms our support to artists in conquering new means of expression, which is the basis of modern art.”
The exhibition – scheduled for this spring – marks the NFT’s first appearance at the internationally renowned Center Pompidou, home to works by other artists such as Vassily Kandinsky, Frida Kahlo and Henri Matisse.
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We are honored to announce that Autoglyph #25 (donated by us), and Cryptopunk #110 (generously donated by our friends at @yugalabs) has been purchased by @Center Pompidou for permanent collection. pic.twitter.com/q8URwLHbTR
– Larva Labs (@larvalabs) February 10, 2023
The creator of NFT Yuga Labs, which owns the intellectual property (IP) of CryptoPunks since March 2022, said that the initiative is part of a legacy project that donates Punks to leading art institutions around the world. The company has donated CryptoPunk #305 to the Institute of Contemporary Art, Miami.
“Seeing CryptoPunk #110 presented at the Center Pompidou, which can be seen as the most prestigious contemporary art museum in the world, is a great moment for the web3 and NFT ecosystem, and we are honored to help push this cultural conversation,” commented the founder of Yuga Labs. Greg Solano.
NFT is a digital object that has features such as uniqueness and non-exchangeability, verifiable on the blockchain. Based on distributed ledger technology, NFT can be a method of authentication for buyers of unique goods, proving aspects such as ownership. In particular, they appear in art, music, as well as in blockchain-based video games.