Paris’s leading Art Museum showcase CryptoPunks, Autoglyphs NFTs
NFTs from the valuable CryptoPunks and Autoglyph projects will be featured in a new exhibition that examines the relationship between art and the blockchain that will be held at the Centre Pompidou, which is home to France's National Museum of Modern Art, and will also include works by 12 other digital artists.
Both CryptoPunks #110 and Autoglyph #25 were donated to the Centre Pompidou and will be on display there this spring along with 16 other NFT pieces by a diverse group of international artists.
The show will be the first time that the Centre Pompidou has included NFTs to its collection, which already includes works by avant-garde artists such Marc Chagall, Henri Matisse, Frida Kahlo, and Vasily Kandinsky. Europe's largest museum of modern art is the Centre Pompidou.
“Seeing CryptoPunks #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," Yuga Labs co-founder Greg solano said in a statement.
The CryptoPunks IP owner Yuga gave the NFT to the museum as part of its Punks Legacy Initiative. A donation of CryptoPunks #305 to Miami's Institute of Contemporary Art in November marked the beginning of that programme, which aims to place CryptoPunks in renowned museums throughout the globe.
One of the most dominating and consistently well-liked profile photo (PFP) NFT collections in cryptocurrency is CryptoPunks , which were created on the Ethereum network. There are 10,000 CryptoPunks in existence, with the least expensive one selling for 63 ETH, or around $95,000, according to coinGecko . Even in the midst of the current bear market, CryptoPunks have regularly sold for millions of dollars each.
CBW - External Analyst