MoMA Just Gave NFTs the Ultimate Stamp of Approval

TL;DR

• MoMA has acquired two (two!!) digital items for his or her everlasting assortment – “Unsupervised – Machine Hallucinations” by Refik Anadol and “3FACE” by Ian Cheng.

• Legitimacy results in adoption → adoption results in elevated market values → elevated market values result in funding → funding results in innovation.

Full Story

There may be one particular person in everybody’s life the place their approval means probably the most.

And it’s a must to work for it.

Within the artwork world, it is The Museum of Trendy Artwork (MoMA).

Positive, they might push the boundaries – however! Their adoption of latest items isn’t going to be constructed solely on in style demand.

(We are saying that so as to add a little bit further weight to what we’re about to say…)

MoMA has acquired two (two!!) digital items for his or her everlasting assortment – “Unsupervised – Machine Hallucinations” by Refik Anadol and “3FACE” by Ian Cheng.

Positive, MoMA has dabbled in NFTs, AI and tokenized artwork up to now, however now it is absolutely embracing it.

Cool, so why can we care?

Even for those who’re not an artwork buff – this can be a constructive factor for degens of all kinds, as a result of:

Legitimacy results in adoption → adoption results in elevated market values → elevated market values result in funding → funding results in innovation.

(It is a stupendous cycle ).

Now, if anybody wants us, we’ll be at MoMA’s NFT Postcard exhibit.