Introduction

Castello di Rivoli Museo d’Artte Contemporanea in Italy has made a major addition to his permanent collection, marking a milestone in the world of digital art. The museum has got first Not replaceable token (NFT) A work of art, a provocative piece created and donated by celebrities digital Artist Pebble.

The Artwork

The artwork, labeled “FTX Board Meeting, Today #5676 11.13.2022 (2023),” unique mixes of digital and traditional art forms. It exists both as a file one-of- NFT type and oil painting. Provided widget in Beeple’s signature realistic style, Imagine a Day in server room of The now defunct cryptocurrency exchange, FTX.

Director’s Appreciation

Caroline Christoph Bakarjev, Museum director she appreciated for Pebble work indicating that it represents an important contribution that achieves the twenty-first position.century medium in the museum collection. She indicated that the artwork combines digital and material worlds in compelling way.

Controversy

The piece is not without controversy. Offers multiple versions of FTX Commander, Sam Bankman-Fried, in explicit sexual encounters with himself, referring to rumors of sexual escapades among FTX employees. The NFT holds an artist’s note that reads “board-certified clusterfuck.”

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Director’s Comment

The museum had to censor the picture share He. She on her YouTube channel. Commented Kristov Bakarjev on The artwork is straightforward nature which suggests it points to the immature and narcissistic sides of the digital world. I noticed Beeple’s work The questions technology and the society that develops in regarding that technology even when he uses its systems and structures.

Recent Acquisition

This acquisition comes on the heels of Expo 2022 of Beeple’s “Human One (2021),” a video statue of him world premiere at Castello di Rivoli before traveling to M+ in Hong Kong.

NFTs in Other Museums

Castello di Rivoli is not alone in hug him of NFTs. Other museums, including the Buffalo AKG Museum of Art and LACMA in United State also added NFTs for their collections.

Earlier this year, Pompidou Centre in became France first French national museum l acquire on-series art which reflects the growing acceptance of NFTs in the traditional art world despite the economic downturn in encryption market.

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