The American Museum of Fine Arts in Boston announced its intention to sell NFT rarely exhibited pastels from its collection in order to obtain additional funds that will be used for the conservation of other valuable works.
Image Source: Museum of Fine Arts, Boston
Recall that NFTs are non-fungible tokens that are used to confirm the fact of ownership of digital assets. These can be, for example, works of computer art, collectible digital items, etc.
According to the Izvestiya newspaper, digital versions of pastels by artists such as Claude Monet and Jean-Francois Millet containing an NFT certificate will go on sale next month, on July 14. It is planned to sell 24 NFTs with an initial cost of $314 lots.
The proceeds will be used to conserve Edmond Degas’ Edmondo and Teresa Morbilli (1865) and Degas’ Father Listening to Lorenzo Pagan Playing the Guitar (1869–1872).
It should be noted that the Museum of Fine Arts in Boston is one of the largest art museums in the United States. It was founded in 1870 on the basis of the Boston Athenaeum. The museum has a branch in Nagoya (Japan).
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