The world’s first non-fungible token (NFT) museum has opened in Seattle with the aim of educating visitors on the importance of the asset class.
Since opening in Jan, the museum has been providing an opportunity for artists, creators, and owners to introduce digital art to new audiences.
“We really realized the impact of being able to look at this type of art in a way where you actually slow down,” said Jennifer Wong, co-founder of the museum. She said that viewers “see all the details” in person rather than mindless scrolling.
NFT museum offers physical setting to display art
The NFT Museum provides a physical setting for NFT artists and collectors to display their creations, and for the art lovers to sate their curiosity.
Hailing the novelty of the platform, Maksim Surguy, a local digital artist, told Reuters that NFTs can be printed physically and also sold online.
“Previously, if you make a digital artwork or physical artwork, there were a lot of limitations about who can see the artwork or how they can own it,” he said.
Apart from an impressive lineup of events, the museum also educates visitors about blockchain technology and the importance of NFTs in an increasingly digital world.
A series of educational workshops are already being scheduled including a crash course into the inner workings of decentralized autonomous organizations (DAOs) and the creation of no-code digital art.
The Seattle NFT Museum features exhibits from local talents and boasts an impressive lineup of events. The museum recently held its Climate Conversion exhibition and charges $15 per admission with the option of scheduling private sessions.
“I can’t emphasize enough how important the educational part of this museum is. We’re trying to onboard folks and help them see what the value of NFTs are and help people pull back the curtain a little bit on what its utility is,” said Peter Hamilton, co-founder of the museum.
NFT adoption reached highs in 2021 but cooled down in the first quarter of this year as transaction volumes dipped.
However, offerings like Neon, the first NFT ATM, and Seattle’s NFT museum might lead to another bull run for digital art.