Hermitage to Sell NFTs of Artworks

July 27 2021

Image of Hermitage to Sell NFTs of Artworks

Picture: State Hermitage Museum

Posted by Adam Busiakiewicz:

The State Hermitage Museum in Saint Petersburg, Russia, is the latest museum to jump on the bandwagon of selling NFTs of its collection. Works up for sale including digital reproductions of works by the likes of Van Gogh, Leonardo, Kandinsky and Monet (pictured).

The article linked above contains quotes from the museum's director:

Mikhail Piotrovsky, the general director of the Hermitage, said in a statement that the sale was “an important stage in the development of the relationship between person and money, person and thing,” adding that NFTs “create democracy, make luxury more accessible, but are at the same time exceptional and exclusive.”

It is intended to “ensure a new level of accessibility to the Hermitage collections and emphasize the democracy of the museum, and emphasize the importance of digitalization as a new stage in the art collection world.”

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