NFTs and the Museum Part 1: NFTs 101
A risk that may be unique to a museum participating in this conversation is the weight that we carry. As the largest encyclopedic museum in the western United States, we have to take into consideration that our exhibitions, public programs, publications, and acquisitions have significant impact on the arts and culture space. As a public institution, we also need to be considerate and deliberative about where we invest our staff and financial resources. So while we may not be participating in the record-setting auctions, we are looking toward the horizon to understand what this could mean for the art world, for digital artists, and for the collection and exhibition of these artworks.
See the full story here: https://unframed.lacma.org/2021/07/12/nfts-and-museum-part-1-nfts-101?utm_source=wordfly&utm_medium=email&utm_campaign=MKT%7CArt%2BTechLab2021GranteeAnnouncement&utm_content=version_A&sourceNumber=
