NFTs Auction to Preserve Ukraine’s Cultural Heritage
- NFTs have the potential to preserve the cultural heritage of the city of Kharkiv, which has seen some of the fiercest moments of the war.
- The Art without Borders NFT collection will feature artworks by top artists such as Georg Jacob and Simon de Vlieger.
- The sale of the collection began on October 13th and will last for a week.
NFTs have been a vital part of the blockchain community since they gained mainstream attention in 2021. Their use cases now exceed digital arts. NFTs also have a place in the art world, as displayed by a Ukrainian art museum. The Kharkiv Art Museum recently announced that its “Art without Borders” NFT collection would be sold on the Binance NFT marketplace.
The NFT collection features 15 artworks from the museum’s collection. According to an official announcement, proceeds from the sale will be used to fund the museum and save Ukraine’s cultural heritage. The NFT collection includes artwork by artists such as Georg Jacob, Johann van Os, Simon de Vlieger, and Albrecht Dürer.
The Kharkiv Art Museum houses almost 25,000 pieces of art by some of the best artists in Ukraine and from other parts of the world. It is also one of the oldest museums in Ukraine. Binance NFT head Lisa said in a statement to Cointelegraph that the museum’s decision to sell its NFT collection comes at a historical time, as Ukraine continues its war with Russia.
Ukraine has received millions of dollars in donations over the last eight months from donors around the world, and according to Lisa, NFTs offer these donors reassurance. Lisa said NFTs,
offer peace of mind and security for donors because all transactions are registered on blockchain technology. All donations to causes via NFTs are tracked and can’t be altered or deleted.
In the recent past, museums have used NFTs to digitize artwork. One such institution is the Royal Museum of Fine Arts in Antwerp, which tokenized an expensive work of art from its collection. In addition, the Frida Khalo family also showed that metaverse museums could convert artworks to NFTs when they brought an unseen piece from their collection into Decentraland.
Although NFTs are not as hyped as they were in the 2021 summer boom, they remain a huge part of the digital community. Their use cases have long surpassed digital images, clips, etc. NFTs now have a place in different industries, including fashion, sports, health, arts, culture, entertainment, etc.
Kharkiv has witnessed some of the most brutal moments in the ongoing confrontation between Ukraine and Russia. Reports state that fighting has been particularly intense in the city. There are concerns that the war might burn down or diminish whatever cultural heritage is housed in the city, as was the case in the historic looting of the National Museum of Iraq in Baghdad in 2003.