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Museums Are Cashing In on NFTs

Category: Technology

The New York Times examines the small pool of museums that have sold NFTs so far, assessing their financial success and the drawbacks to the technology that have made some institutions more hesitant.

There's money to be made, though most institutions are wary of getting involved. LONDON - "To wake up to one of these things is pretty special - to have a Leonardo at home," said Joe Kennedy, the director of the contemporary art dealership Unit London, enthusing recently about an elaborately framed LED screen with a digital replica of Leonardo da Vinci's " Portrait of a Musician " glowing on his gallery wall.

Continue Reading at Nytimes

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