LACMA Art Museum Acquires NFT Collection
The Los Angeles County Museum of Art (LACMA) is the most recent major art museum to add NFT artwork to its collection, announcing today that it has acquired a number of notable and valuable NFT pieces through donations from prominent collectors.
The anonymous Cozomo de’ Medici, a well-known Crypto Twitter personality, donated 22 tokenized digital artwork pieces to LACMA. The collection includes CryptoPunks NFT #3831, which was last sold in 2021 for $2.1 million in ETH.
It also includes NFTs from Art Blocks, a popular platform that displays artwork created by algorithms running on a blockchain network. The set includes Art Blocks works from Dmitri Cherniak’s “Ringers” and Monica Rizzolli’s “Fragments of an Infinite Field” projects.
Other notable creators whose NFT art was donated to LACMA in the set include noted photographer Justin Aversano, World of Women artist and creator Yam Karkai, and Claire Silver and Pindar Van Arman, both of whom are known for using AI to generate NFT artwork.
(With inputs from Shikha Singh)
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