Digital assets are doomed to be unfashionable because museums love them, even though some might argue that they are not cool enough.
Alex Gartenfeld, the artistic director of Miami's Institute of Contemporary Art (ICA), told the paper that they wanted to take on some of the most pressing and relevant art and ideas that are happening today. Over the last two or three years, one of the most important conversations has been about how artists explore and develop their creativity through NFTs.
You can collect yourself if you need to. We thought Jimmy was the last one. The Web2 Olds go to old city castles to look at real things. This is the type of death that the web3 market is most afraid of.
Museums don't just buy NFTs for their collections. The British Museum is selling pieces from their collection. An odd scheme, considering that some of the paintings that these outfits are minting, including Japanese artist Hokusai's "The Great Wave off Kanagawa," could just as well be found on the internet.
Everyone in the industry is not happy about it.
"The British Museum demeans itself by getting involved in the alchemy necessary to persuade us that an infinitely reproducible JPEG can somehow be worth thousands," wrote a British art historian in February.
The British Museum's scheme to make a quick buck on cultural artifacts aside, it's a bit hard to comprehend that these outfits are just trying to make a quick buck.
Old institutions want to keep up with the younger generation.
When institutions co-opt whatever's "cool," they make it dusty and impractical. If it was all of the above.
Some museums are embracing NFTs on the decline.
There are more on NFTs.
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