Cryptocurrencies, blockchain, NFT and new trends

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

A new exhibition targeting the intersection of art and blockchain will open this spring at the Centre Pompidou, home of the first collection of modern art in Europe.

France's top modern art museum to display CryptoPunks, Autoglyphs NFTs Own this piece of history

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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.

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:

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. 

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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.