The State Hermitage Museum and Binance NFT marketplace will release non-fungible tokens of renowned paintings at the end of August.
Binance NFT marketplace and the Saint Petersburg-based State Hermitage Museum joined forces to create and release a limited edition of non-fungible tokens with digital copies of world-known masterpieces. The collection will consist of works by Vincent van Gogh, Leonardo da Vinci and many more.
NFT Copies of Renown Paintings
The cryptocurrency exchange Binance announced that it would partner up with one of the largest Russian museums – the State Hermitage Museum – to issue NFTs of respected work of arts such as Lilac Bush (Vincent van Gogh), Madonna Litta (Leonardo da Vinci), Corner of the Garden at Montgeron (Claude Monet), and Composition VI (Wassily Kandinsky).
Binance will launch the auction at the end of August 2021. Each artwork will consist of two NFT copies: the first will be stored in the Saint-Petersburg Museum, while the second will be sold on the Binance NFT marketplace. As part of the collaboration, the Hermitage will collect all the earnings from the project.
Mikhail Piotrovsky – the director of the museum – will personally sign each copy providing the limited series of work with authenticity and uniqueness. The project would aim to outline the democratic nature of the State Hermitage and show that digitalization would inevitably be the next step in the world of collecting artworks.
“New technologies, in particular blockchain, have opened a new chapter in the development of the art market, led by the ownership and the guarantee of this ownership… This is an important stage in the development of the relationship between person and money, person and thing,” added Piotrovsky.
In her turn, Helen Hai – Head of Binance NFT – commented on the mutual partnership:
“Recognition of blockchain technology and NFTs by one of the largest museums in the world is another step towards global digitalization. We highly appreciate the opportunity to cooperate with The State Hermitage; together we are making history.”
According to the announcement, any user of the platform can participate in the auction. Binance’s NFT marketplace will employ the same account network as Binance.com, so new customers will need to register with the exchange first.
Golden Tickets for A Celebrity Poker Tournament: NFT Trend Continues
Last week, the world’s first fully licensed blockchain-based peer-to-peer poker platform – Virtue Poker – teamed up with Binance NFT marketplace to offer a one-of-a-kind non-fungible token.
The partnership, named “The Phil Ivey Golden Ticket NFT,” will feature the first and only Phil Ivey Binance Smart Chain based NFT and will grant an entry into a Celebrity Poker Tournament that includes NBA Hall of Fame player Paul Pierce, Ethereum Co-Founder Joe Lubin, Hollywood actor Vince Vaughn, and YouTube star Mr. Beast.
As announced, anyone who wants to win a seat at the poker table can participate in the auction today, July 27th, starting at 12 pm UTC.