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Famous Korean Art Museum in Financial Distress Saved by NFT

智科创新院
特邀专栏作者
2021-08-16 09:28
This article is about 1408 words, reading the full article takes about 3 minutes
The text introduces the news that Jiansong Art Museum, a famous Korean art museum that has been in economic difficulties for a long time, has come back to life through the auction of NFT works.
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The text introduces the news that Jiansong Art Museum, a famous Korean art museum that has been in economic difficulties for a long time, has come back to life through the auction of NFT works.

Foreword:

Foreword:

The text introduces the news that Jiansong Art Museum, a famous Korean art museum that has been in economic difficulties for a long time, has come back to life through the auction of NFT works. (This article has a total of 1435 words, and the reading time is about 4 minutes)"Jiansong Art Museum in South Korea is the leading collection museum of ancient calligraphy and painting in Korea. It was established in 1938 and is located in Seongbuk District, Seoul. Most of them are national treasures. The museum holds a two-week exhibition in May and October every year. At this time, people flock to appreciate the unique and precious works of art in Korea. However, the Jiansong Art Museum has been in financial difficulties for a long time. Last year, it was forced to auction off the No. 284 treasure collected in the art museum in order to "make a living"."Gold and bronze Tathagata statue"and Treasure 285"Gold bronze statue of Bodhisattva

(purchased by Rijksmuseum).

However, in July this year, the Jiansong Art Foundation cooperated with the Korean blockchain website "Token Post", and the overall situation "resurrected". The Jiansong Art Museum has decided to make NFTs of National Treasure No. 70 "Hunmin Jeongeum Interpretations" and sell them. There are a total of 100 copies, each priced at 100 million won (about 600,000 yuan), and a total of about 80 copies have been sold so far. . It is reported that most of the buyers are anonymous purchases."In 2016, Jiansong Art Museum also raised funds through "Hunmin Jeongyin Interpretation Casebook". 3,000 photocopies produced by Kyobo Bunko, planned by the Gamsong Art Museum, are sold at a price of 240,000 won each. If sold out, the sales will be 750 million won, which means that the Jiansong Art Museum has raised more funds through NFT. Overnight, Jiansong Art Museum became the biggest beneficiary of the NFT boom. Jiansong Art Museum also decided to cooperate with Director Lu Suying to run"Art Center Butterfly

Work together to issue 38 NFTs."2021 can be described as the year of NFT. NFTs debuted in 2017 with CryptoKitties. In March of this year, an NFT digital artwork titled "Everydays-The First 5000 Days" by the artist Beeple at Christie's in New York was finally sold for 42,329.453 ethers (approximately $60.25 million) after 14 days of online bidding (plus commissions). about $69.3 million). In South Korea, NFT has also begun to open up new markets. Genius Chess Player Lee Sedol Beats Artificial Intelligence (AI)"alpha dog"Works on the NFT Market Place"when open"auction. The work was sold for 60 Ethereum, about 250 million won. The NFT video, created by blockchain startup 22nd Century Media, shows black and white pawns falling in sequence, and is known as"hand of God

, the 78th white piece that determines the outcome of the game, also includes a photo and signature of Lee Sedol."NFT, which has become the savior of digital art, and Central Bank Digital Currency (CBDC), which has transformed the analog economy into a digital economy, are considered to be the biggest success stories of blockchain. There are concerns that the South Korean government claims to revitalize the blockchain, but does not help solve the problems faced by blockchain companies. Blockchain companies have been hindered from opening bank accounts, let alone the NFT industry? After an NFT work is sold for tens of billions of won, the South Korean government may shout", and hinder the development of the NFT industry.

Conclusion:

Conclusion:

Due to the epidemic, many museums and art galleries were forced to close their doors and finances were tight. Many artists turned their attention to the online exhibition hall and NFT field. Facing financial difficulties, South Korea’s Jiansong Art Museum thought of such a good way to make national treasures like “Hunmin Jeongeum” into NFTs with collection value for sale. It is NFT that brought the art museum back to life.


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