Recently we wrote about Yuga Labs, the owner of the NFT collections Bored Ape Yacht Club and CryptoPunks, donatinga CryptoPunk to the ICA Miami as part of its new Punks Legacy Project. According to an announcement on February 10, the leading contemporary art museum in France, Centre Pompidou, will feature NFTs from 13 digital artists around the world, including popular collectibles, such as CryptoPunk #110 and Autoglyph #25, both donated by Yuga Labs and Larva Labs.
This is the first time Centre Pompidou is displaying NFTs in an upcoming exhibition that will explore the connection between art and blockchain technology.
"With the entry of CryptoPunk #110, from one of the most popular NFT series of its kind, into the collection of the National Museum of Modern Art, the Centre Pompidou is pursuing its interest in digital art, in connection with the blockchain. Web3 is an innovative territory that artists have now seized upon to create original and daring work, and this collection reaffirms our support for artists in their conquest of new means of expression, which is the foundation of modern art,” – said Xavier Rey, Director of the National Museum of Modern Art.
The donation comes as an initial step of part of a bigger plan by the group ‘The Punks Legacy Project’, which aims to bring attention to the provenance and cultural significance of one of the earliest NFT projects, CryptoPunks. By donating Punks to renowned art institutions around the world, Yuga Labs aims to ensure that these iconic NFTs are recognized and displayed alongside other top examples of contemporary and modern art.
Partnering with such a prestigious contemporary art museum signifies that NFTs are becoming more recognised as a serious art movement by the industry — or at the very least a recognised medium of creation. We continue to observe.