Binance NFT Marketplace announced today that the Non-Fungible Token platform (NFT) will launch a premium NFT collection, backed by St. Petersburg’s State Hermitage Museum. The NFT auction will take place from August 31 to September 7, 2021. The NFT auction will feature NFT artwork from world-famous artists Vincent Van Gogh and Claude Monet.
Binance Partner and Hermitage Museum to Sell World Famous Artwork in NFT Formula
It seems like 2021 will be the year for non-fungible token collections (NFT), since NFT collectibles, and artwork, have sold for many millions of dollars. Beeple’s “Everydays” NFT, which was purchased for $69.3 million, is the most expensive NFT sold. Cryptopunk #7523 was another notable NFT sale, and it was purchased for $ 11.8million. ethereum. Bitcoin.com News has covered a multitude of NFT projects that are making millions, such as Bored Ape Yacht Club and the Weird Whales NFT Collect.
The Binance cryptocurrency exchange will be open on August 30 AnnouncementThe company’s NFT Marketplace, dubbed the “Binance NFT Marketplace”, plans to offer non-fungible token collectibles by some of the most prominent artists around the world. Binance NFT Marketplace has partnered up with the Hermitage Museum. The St. Petersburg-based museum, which is located in St. Petersburg, is the largest art museum worldwide and home to some of world’s most renowned masterpieces. The impressive-sized art collection was established by Catherine the Great, Empress from Russia.
The Hermitage museum revealedThe TVN CollectionBinance NFT marketplace collaboration on July 26, 2021. “The NFT collection consists of works such as Madonna Litta (Leonardo da Vinci), Judith (Giorgione), Lilac Bush (Vincent van Gogh), Composition VI (Wassily Kandinsky) and Corner of the garden at Montgeron (Claude Monet) ”, declared the Hermitage museum in July. The curators of the museum added:
Mikhail Piotrovsky (Director General of the State Hermitage) personally signs each digital copy. Mikhail Piotrovsky, Director General of the State Hermitage, signed each digital copy. He not only confirmed the authenticity, but also created an original work of art by affixing the date and time of his signature to the digital copy. This gives it an unmatched uniqueness that will be preserved in the blockchain. The metadata also records the place of signature, which is the Hermitage Museum itself.
“New technologies, in particular blockchain, have opened a new chapter in the development of the art market, driven by the ownership and guarantee of this property. It is an important step in the development of the relationship between a person and money, a person and a thing, ”said Mikhail Borisovich Piotrovsky, director general of the Hermitage at the time.
Binance says that the best time to be in China is when it’s Auction“There are 5 NFTs available for auction.” [and]Each with a starting price of 10,000 USD. Binance NFT Marketplace was launched last June. It relies on Binance Smart Chain (BSC).
Binance’s NFT platform is facing strong competition from platforms such as Opensea and Crypto.com. The popular crypto exchange FTX announced a partnership to launch an NFT marketplace.
What do you think about the Binance NFT Marketplace teaming up with the world’s biggest art museum to launch the NFTs Leonardo da Vinci and other artists? Let us know what your opinion is in the comments below.
Credits to the images: Shutterstock. Pixabay. Wiki commons. Claude Monet. Vassily Khandinsky. Vincent van Gogh.
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