Cryptocurrency News

A 19th Century Renoir Masterpiece Will Be Sold In The Form Of a Limited Series of NFT Tokens By Third Place NFT

A 19th Century Renoir Masterpiece Will Be Sold In The Form Of a Limited Series of NFT Tokens By Third Place NFT

NFT platform The Third Place announced the launch of a premium collection of real masterpieces of world pictorial art “The Greatest Works of Art”, which will be sold at an auction in the form of a limited series of NFT tokens. The first masterpiece to be auctioned will be the painting by the famous French artist Pierre Auguste Renoir “Double Portrait of Jeanne Baudot“, painted precisely 125 years ago. According to the project webpage, global sales will start on December 22 at 16:00 Moscow time.

Latest Fintech Insights: AVCA and PenOp Launch Inaugural Report on Pension Funds and Private Equity Investment in Nigeria

As part of the tokenization Renoir’s painting will be divided into 1125 exclusive NFT tokens the holders of which will receive the rights to use the painting, exclusive rights to digital copies of the acquired NFTs, as well as non-exclusive rights to a full digital copy of the famous artist’s painting.

About the collection

“The Greatest Works of Art” is the first special project of Third Place NFT, whose main mission is to create the largest accumulated collection of classical art. As part of this project, the platform plans to locate world-famous art objects verifying their authenticity in partnership with a number of major museums, and, with the help of NFT technology, to make them accessible for everyone.

Thanks to NFT, the rights of use for the obtained art objects will be certified in the form of several thousand unique fragments, and the platform participants will be able to buy famous masterpieces of world art in parts using tokens.

Thus, with the help of the Third Place NFT platform, absolutely anyone will have the opportunity to own the rights to works worth tens of millions of dollars, and the art lovers will be able to enjoy masterpieces of such great artists as Renoir, Van Gogh, Gauguin, and many others decorating the walls of public art spaces.

Browse The Complete News About Fintech : Crypto Art That Touches You: NIVEA Launches Free NFT Art About The Value Of Touch

About the platform

The Third Place NFT platform was created with the support of the Third Place™ cultural space and offers contemporary artists the opportunity to tokenize their works.

With the help of the Third Place NFT, artists and galleries get the opportunity to issue NFT rights to their works free of charge and to put their works up for sale, while the collectors, acquiring art objects from the platform, will be able to verify their authenticity.

The platform operates on the basis of the fastest Everscale blockchain and is a part of an international group of companies ITGLOBAL.COM – a global provider of IT services and products.

Read More About Fintech News : TradeStation Group Launches Crypto IRA

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

LTX by Broadridge Launches BondGPT Powered by OpenAI GPT-4

PR Newswire

BroadPoint Launches Cloud Fund Accounting Solution: Microsoft Dynamics 365 Business Central Fund Accounting for Nonprofits

Fintech News Desk

Accubits Technologies And Sila Enters Into Partnership

Fintech Staff Writer
1