- The Los Angeles County Museum of Art (LACMA) will exhibit NFTs.
- 22 NFT art pieces were donated by art collector Cozomo deโ Medici.
- Highlights include Art Blocks, Crypto Punks, and other blue-chip NFTs.
NFTs are finally seeing a breakthrough in adoption in the real art world. Today, the Los Angeles County Museum Of Art (LACMA) accepted a gift from the pseudonymous digital art collector Cozomo deโ Medici, an alter ego of the iconic rapper Snoop Dogg.
Furthermore, the 60-year-old museum’s CEO, Michael Govan, declared this โthe first and largest collection of artworks minted on blockchain to enter an American art museum.โ
1/ Announcing the first donation of on-chain art from a collector to a museum, and the largest digital fine art collection to enter a museum
— Cozomo deโ Medici (@CozomoMedici) February 13, 2023
22 works from The Cozomo de' Medici Collection have been added to the permanent collection of the Los Angeles County Museum of Art (LACMA) pic.twitter.com/6ePSznorrM
22 NFTs to Be Permanently Displayed
Indeed, LACMA has been around since the 1960s and has been focusing on โthe intersection of art and technology has been central to LACMA’s programming since the ’60sโ, and now will get the chance to display the $2.1 million worth CryptoPunk #3831, as well as digital paintings like Yam Karkaiโs โWoman no. 001โ, โa feeling i canโt get a finger onโ by Claire Silver, ‘Fragments of An Infinite Field’ #972 by Monica Rozzolli and AI-generated artwork by ArtBlocks.
Sponsored
Grateful for the donation, the Los Angeles, California-based museum became the first to display an NFT series in a physical art gallery permanently. Cozomo deโ Medici, the ‘grand patron of the digital arts’, is a play on the famed Renaissance art patron and banker Cosimo de’ Medici.
Moreover, the mystified NFT art collector has a huge following of 278,000 and had a strong start in the NFT art space with a $17 million worth collection back in 2021. Besides, Snoop Doggโs son Champ Medici is another prominent figure in the crypto space with his recent EP dedicated to Cardano, while also featuring Charles โCrypto Cowboyโ Hoskinson in the music video.
22 works from The Cozomo de' Medici Collection have been added to the permanent collection of the @LACMA ๐๐จ
— Yam (@YKarkai) February 13, 2023
2 of those works are artpieces I made!๐คฏ
Thank you @CozomoMedici for being such an incredible supporter of my art. What an amazing honor and moment to be a part of๐๐ฅฐ
On the Flipside
- Some crypto enthusiasts and known media outlets claim that Snoop Dogg being Cozomo de’ Medici is just โstale speculation,โ despite the hip-hop icon revealing himself as the mysterious NFT kingpin on September 22nd, 2022, in Fortune Magazine.
Why You Should Care
Adoption in the physical world is crucial for the NFT market to grow. With art-worthy NFTs displayed as paintings in art exhibition halls and museums, this trend brings a new cause for non-fungible tokens.
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