After raising $ 440,000 by selling NFTs on Binance, the Hermitage is now curious as to whether NFTs are about art, or rather just money.
The launch of Invisible Aether
The Russian State Hermitage Museum continues to delve into the non-fungible token (NFT) industry by launching its first all-virtual digital art exhibition.
Shortly after raising over $ 400,000 through its first NFT auction on Binance in September, the Hermitage hosted a free exhibition of NFT works existing exclusively in the virtual space, referred to as ” heavenly hermitage Or the museum’s digital avatar.
Launched on November 10, the Hermitage exhibition is called Invisible Aetherand is based on the concept of the metaverse, allowing users to create digital avatars and surf the virtual site using PCs, smartphones, virtual reality glasses and other devices. The virtual site mimics the interiors of the local monument of the Old Stock Exchange in St. Petersburg, but the actual exhibit has nothing to do with the trading , according to a senior project curator.
“ The works in the exhibition are not for sale. We avoid all topics related to the price of these tokens in order to focus on demonstrating what digital art really is, as the cost of art is secondary to its value. Hermitage director of contemporary art, Dmitry Ozerkov, told Cointelegraph.
Ozerkov noted that the Hermitage will return all works of art to its original owners, including artists and collectors, right after the exhibition ends on December 10. ” Other events are outside the museum’s mandate “, he added.
At a press conference on Thursday, Ozerkov stressed that the Hermitage had ” no financial interest To organize a free exhibit, noting that the museum strives to uncover the real value of NFTs. ” We want to see what is left of the NFT if you remove the financial aspect “, He mentioned.
The selection of artists and works of the exhibition Invisible Aether was produced by two curators, including Ozerkov and Anastasia Garnova, member of the Hermitage Contemporary Art Division.
” We believe curatorial selection is crucial for a museum exhibit, as it makes it more comprehensive in terms of subjects and chapters. The principle of selection is based on the importance of works of art in order to understand the essence of NFTGarnova said. ” The artists could not apply to participate in the exhibition », She added.
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The complete list of works is available on the official site of the exhibition, with a total of 37 pieces, of whichSchrödinger’s CatthroughCryptoKitties, a popular blockchain game built by Canadian studio Dapper Labs on the Ethereum network. The list also includes a work of art by a St. Petersburg-based artist known as Darkzuu.
The exhibition also features NFT platforms and major industry players like Snark.art, Masters digital, The Art Exchange, Rarible, Superrare, KnownOrigin, ArtBlocks, Alterhen.art and OpenSea.
Overall, it should be noted that the exhibitionInvisible Aetherorganized by the Hermitage will allow the museum to determine whether the artistic dimension of the NFTs outweighs the financial aspect of these works. However, we suggest that you stay on Cointribune so that you don’t miss any NFT news and get answers to all your questions about the crypto universe!

Jean-Louis Lefevre
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