Russia’s State Hermitage Museum, Is Holding A Digital Art Exhibition That Includes NFTs

The second-largest art museum in the world, Russia’s State Hermitage Museum, is embracing to hold a digital art exhibition that will feature today’s trendy artworks, recently exploded in popularity, the NFTs. The exhibition is scheduled to take place in 2021.

On 25th March, the museum officially announced:

The Hermitage’s NFT project will be Russia’s first exhibition in the field of NFT art.

The announcement further read:

Non-fungible tokens have become a new form of securing rights to an artwork using blockchain technology, which allows you to establish unambiguous control over copyright and ownership rights.

The project’s strategic partner, focussing on cultural and social innovation, Askenov Family Foundation’s website says:

We are engaged in permanent research of the scope and boundaries of the culture sector and in the elaboration of systems to evaluate the special social contribution of contemporary art and culture.

The Contemporary art department of The Hermitage will be organizing the exhibition, which will be part of its “Hermitage 20/21” project. Declaring NFTs as the “most urgent agenda in the field of contemporary art today” the museum emphasized on the exhibition playing as a part in appreciating new forms of art. The trend that started in 2018, exhibitions embracing innovation as an artistic technique. The museum happened to explore the area of artificial intelligence and cross-cultural dialogue, back in 2019.

The Hermitage, located in Saint Petersburg is a federal museum bears three million items. However, there is no clarification on whether The Hermitage is planning to conduct an NFT auction sale in its upcoming exhibition.

Source: Cointelegraph | decypt.co Image: govisity.com

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