Boston Museum of Fine Arts (MFA) Sells NFTs of French Impressionist Art
Navigasi - The Boston-based Museum of Fine Arts (MFA) has decided to dive into the NFT (non-fungible token) sector to help raise funds for its massive conservation project. MFA itself is the latest encyclopedic museum to print NFTs of the works in its collection. The museum collaborated with “La Collection” to convert 23 pastel works by French Impressionists from Manet, Degas, Monet, Pissarro, and other artists and convert them into digital tokens.
|Boston Museum of Fine Arts (MFA) Sells NFTs of French Impressionist Art|
Then, they will open the sale of the 2,000 NFT to the public on Bastille Day, which will be on July 14. The proceeds from the sale will help finance the conservation of two Degas paintings that are in the MFA collection. The two paintings are "Edmondo & Therese Morbili" (1865) and "Degas's Father Listening to Lorenzo Pagans Playing the Guitar" (1869-72).
According to MFA COO Eric Woods, the museum's first NFT project came after they discussed finding new methods they could use to engage their audience after the pandemic. Woods revealed that currently there are many virtual assets from various works of art that have emerged. Therefore, they finally started to think about what kind of format they could use as an investment for the future of their museum.
What's more, their main goal in seeking out the new method was to find other innovative ways they could display the museum's 19th century French pastels, which are rarely on display because they are so fragile. They can show the work, but only for a limited time, which is about once every ten years and even less often.
In addition, the museum's collaboration with the French platform La Collection will also have a physical component. The components will be displayed on July 29 at an NFT exhibition they are holding at a gallery in Giverny, a town in Normandy. Throughout the show, screens in the gallery will let visitors examine in detail works such as Boating Couple” (1881) by Renoir, “Dancers Resting” (1881-85) by Degar, and “Two Men Turning over the Soil” (1866) by Jean-François Millet.