Art Museum
Banksy Painting “Love is in the Air” to Grace Global Museums via Particle’s NFT Fractionalization
Banksy’s Art Embarks on World Tour via NFT Fractionalization
Particle, a digital art platform, has announced the iconic Banksy painting, “Love is in the Air.” In a new move, the artwork will embark on a global museum tour. Thus, gracing the walls of prestigious museums in London, Amsterdam, and Barcelona. This decision was reached through a democratic voting process, wherein the 10,000 co-owners of the artwork had the opportunity to voice their opinions.
At the core of Particle’s ethos is the mission to democratize art ownership. By fractionalizing expensive artworks into NFTs, Particle enables art fans to participate in the display and governance of these masterpieces. Notable figures such as Beeple, Paris Hilton, and Kevin Rose have already joined the ranks of over 2,600 co-owners. Therefore, they are taking advantage of this unique opportunity to engage with and influence the art world.
Culture Secretary Lisa Nandy is set to make the announcement on Thursday, including a 5% budget increase for all national museums and art galleries.
She is expected to use a speech in Stratford-upon-Avon, birthplace of William Shakespeare, to announce a new £270 million Arts Everywhere Fund to help organisations in urgent need of financial support.
Five museums in Yorkshire have been awarded funding as part of a £270m investment in arts and culture in the UK.
The Museum of North Craven Life, in Settle, will receive almost £800,000, while the Land of Iron, in Skinningrove, will be given almost £656,000.
Millennium Gallery, in Sheffield, will be awarded £315,000, the Bankfield Museum in Halifax, is to receive £442,000 and the Beck Isle Museum, in Pickering, will receive almost £400,000.
Read More: https://www.bbc.co.uk/news/articles/cp9yrey9j9ko.amp
brand-new private museum to its ranks – PoMo, short for Post Office Modern. Its mission is to make art more accessible, challenge gender inequality in collections, and boost the region’s cultural scene.
Set in an Art Nouveau building that used to serve as the city’s post office, PoMo spans five floors and 4,000 square metres. The space is a product of the vision and personal art collection of Monica Reitan and Ole Robert Reitan, who’ve spent over two decades collecting works from artists like Simone Leigh, Louise Bourgeois, Anne Imhof, and Franz West. Ole Robert, who’s also a co-owner of the Norwegian retail and finance giant Reitan AS, believes art should be for everyone
Read More: https://uk.news.yahoo.com/major-modern-contemporary-art-museum-173439427.html
