France's top modern art museum to display CryptoPunks, Autoglyphs NFTs

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France's top modern art museum to display CryptoPunks, Autoglyphs NFTs
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The Centre Pompidou will feature NFTs from over 16 digital artists around the world, including CryptoPunk 110 and Autoglyph 25.

NFT creator Yuga Labs, which owns the intellectual property of the CryptoPunks since March 2022, said the initiative is part of a legacy project that donates Punks to leading art institutions worldwide. The company already donated CryptoPunk #305 to the Institute of Contemporary Art, Miami.

"Seeing CryptoPunk #110 displayed in the Centre Pompidou, arguably the world's most prestigious contemporary art museum, is a great moment for the web3 and NFT ecosystem, and we're honored to help drive this cultural conversation," commented Yuga Labs co-founder Greg Solano. NFTs are digital objects that hold features such as uniqueness and non-interchangeability, verifiable on the blockchain. Based on distributed ledger technology, NFTs can serve as a method of authentication for buyers of unique items, proving aspects such as ownership. Most notably, they appear in art, music, as well as in blockchain-based video games.

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