MoMA's lobby will glow this winter, not by the twinkling lights of the holiday season but the swirling datascapes of
@refikanadol
whose popularity rose during the NFT frenzy. That's only part of the story ... 🧵
Last year
@refikanadol
based an entire series of NFTs on MoMA's collection. The sale thru
@FeralFile
had works selling for $1,000+ with one going for $200k.
MoMA received a sixth of all primary sales.
MoMA used its NFT profits to endow a Web3 associate position to (among other things) build partnerships with the crypto community. Last week, the museum also gave out free NFTs by artist Stephanie Dinkins to attendees at an event.
MoMA is not alone. The Whitney recently promoted
@ChristianePaul2
(brava!) to a full curator position and has been acquiring NFTs, including Eve Sussman's phenomenal work — seen in the article.
The Guggenheim is also getting in on the action. Some trustees have explored the financial possibilities of NFTs. Curators are exploring how to put their provenance on the blockchain
Curators feel more comfortable embracing NFTs post-surge, arguing that it showed audiences want more digital art.
Naomi Beckwith, chief curator at the Guggenheim said it best: “If artists are working with technology, then we have to be able to hold it.”
So what happens next might depend on whether you believe digital artists can control the technology they use, or if technology (and its economies) will control them. 🧵 end
@ZacharyHSmall
@refikanadol
This is a bit antithetical to nature of this great article, but
@ZacharyHSmall
, do you know if this will be available in print?
If so, when? Will all the excellent photo selections be included?
@ZacharyHSmall
@refikanadol
Maybe because digital art is here to stay. Museums around the world will have to make room for this new wave. As technology advances, so will art.
@ZacharyHSmall
@refikanadol
Refik Anadol clearly the 🐐 of web3 artist… First to get in Moma with a solo exhibition… About time his collections gets a little respect… Sooooooo Undervaluedddd!