ICA Miami Museum acquires its first NFT

    News from the digital and NFT world – 8 JULY 2021

    Every day, Art Rights Magazine selects the best news from the world of digital art, to stay up to date!

    The Institute of Contemporary Art in Miami recently announced that it has acquired the NFT CryptoPunk 5293, the first Crypto Art work to become part of a museum collection, as a part of a donation by museum trustee Eduardo Burrillo.

    The work is part of the corpus of 10,000 CryptoPunk created by the Larva Labs collective, inspired by British punk rock culture and in particular CryptoPunk 5293 is one of 3,840 female punks created so far.

    “CryptoPunk represent innovation in art, identity and cultural archive. I am so pleased to support the experimentation in the ICA Miami collection by contributing with an important work that captures contemporary discourse and the evolution of artistic practice. “said Eduardo Burillo, ICA Miami Trustee.

    “CryptoPunk 5293 joins the ICA Miami collection as a work that is truly representative of the cultural spirit of the time and will have historical significance for generations to come, reflecting ICA Miami’s commitment to promoting an expansive understanding of contemporary art and cultural production of the 21st century. We are enormously grateful for Eduardo Burillo’s extraordinary vision and generosity with this historic gift to the museum” added ICA Miami Artistic Director Alex Gartenfeld.

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