The world’s first permanent NFT art museum has opened in Seattle, aiming to “pull back the curtain” on blockchain-based digital art.
Non-fungible tokens (NFTs) are digital assets that have risen to prominence in the last few years. Some NFT artworks were sold for millions of dollars and the technology owes its success to the blockchain that allows full ownership of the assets through the deployment of smart contracts.
The museum has been providing an outlet for artists, creators, and collectors to display their NFTs in a physical setting while aiming to educate the public about this fairly new market for digital art.
“We really realized the impact of being able to look at this type of art in a way where you actually slow down, you see all the details,” said Jennifer Wong, a co-founder and curator at Seattle NFT Museum.
Local digital artist Maksim Surguy attended the opening of the museum’s ‘Climate Conversation’ exhibition on April 16, which features his designs that are sold as NFTs online but can also be printed in physical form.