The Hermitage, together with Interros Group, has created digital assets for Raphael’s frescoes. Experts say digitalization opens up more opportunities for restorers
A project using non-replaceable tokens (NFT) from the State Hermitage Museum and Interros Group was presented at the Northern Museums Festival in Dudinka. As part of the initiative, they have created digital assets on the frescoes of Raphael’s workshop and his pupils.
They have created digital assets on the frescoes of Raphael’s workshop and his pupils.
The proceeds from the project will go towards the restoration of Hermitage exhibits. In return, buyers will receive digital rights to artworks that have not yet been restored.
Hermitage’s NFT project for Raphael’s frescoes. Traditional methods are insufficient in today’s world.
In addition, the use of new technologies in the museum field also attracts people of the younger generation to the industry, experts say. They emphasized that in the last few years, the attendance of online exhibitions has exceeded the number of real visitors to museums by almost four times.
According to Kirill Gavrilin, corresponding member of the Russian Academy of Arts, many major galleries and auction houses are now actively integrating metaviews. This is how they try to stay relevant in the Web3 era.
Sotheby’s Metaverse NFT Marketplace
One of the world’s oldest auction houses took an interest in the NFT industry back in early 2021. Then Sotheby’s put up for sale a series of works from the artist under the pseudonym Pak, which in total raised more than $17 million.
In May of this year, the organization expanded the functionality of its Sotheby’s Metaverse NFT marketplace by adding a peer-to-peer (p2p) transfer option. Users can buy tokens with ETH on Ethereum or MATIC on the Polygon sidechain.
Atomize CEO Ekaterina Frolovicheva believes that such assets can be a great tool for managing cultural heritage.
Atomize’s CEO Ekaterina Frolovicheva believes that such assets can be a great tool for managing cultural heritage.
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