Eventually, all museums will build their digital copy in the metaverse, according to Dmitry Ozerkov, the head of the Contemporary Art Department at The State Hermitage Museum. Ozerkov is currently developing the “Celestial Hermitage”, a digital version of the iconic Russian museum, which will be exhibiting NFT art. "We are all moving into the digital era and our digital twin … [Read more...] about Why the world’s largest museum is embracing NFT technology
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World’s largest museum launches NFT art exhibition
The Russian State Hermitage Museum continues diving in the nonfungible tokens (NFTs) industry by debuting its first fully-virtual exhibition of digital art.Shortly after raising over $400,000 via its first NFT auction on Binance in September, the Hermitage is now hosting a free exhibition of NFT artworks existing exclusively in the virtual space, the so-called “celestial … [Read more...] about World’s largest museum launches NFT art exhibition
Museum of Crypto Art to launch MOCA token, plans acquisition spree
According to some estimates, coronavirus-related strains may soon force upwards of one in every eight physical museums to permanently close — but despite the struggles, one Metaverse-native museum is raising funds to transition to a community-governed model. The Museum of Crypto Art announced today the launch of the MOCA token, a Polygon-based governance and utility asset. The … [Read more...] about Museum of Crypto Art to launch MOCA token, plans acquisition spree
Russia’s Hermitage museum to host NFT art exhibition
Russia’s State Hermitage Museum, the second-largest art museum in the world, is preparing to host a digital art exhibition involving non-fungible tokens.Scheduled to take place in 2021, the Hermitage’s NFT project will be Russia’s first exhibition in the field of NFT art, the museum officially announced Thursday.The Hermitage’s contemporary art department is organizing the … [Read more...] about Russia’s Hermitage museum to host NFT art exhibition