Ukrainian Museum Auctions NFT Collection on Binance in Support of Ukrainian Cultural Heritage
Main Takeaways
Ukraine’s Kharkiv Art Museum has selected 15 works of art to be sold as NFTs exclusively on Binance NFT as part of a collection called “Art Without Borders”.
All funds raised from the auction will be used to support the museum’s work, including restoration and running costs.
The Kharkiv Art Museum’s NFT auction started on October 13, 2022, and runs until October 20, 2022. Place your bid on Binance NFT Marketplace now!
One of Ukraine’s most important museums has digitized artwork from its collection to be auctioned as NFTs. The project uses blockchain tech to raise funds for the museum while also creating an official record of the art should anything happen to the originals.
The Binance NFT Marketplace is proud to be the official sales platform of an exclusive NFT collection created by the Kharkiv Art Museum in Ukraine. This cultural institution is home to around 25,000 works of fine art, and the museum’s collection is recognized as one of the oldest and most valuable in the country. Now, through Binance NFT, the museum is sharing that work with the world in support of Ukraine’s cultural heritage.
Fifteen works of art have been carefully selected by the Kharkiv Art Museum to be sold as NFTs as part of a collection called “Art Without Borders”. The NFTs are being exclusively auctioned on Binance NFT from October 13, 2022, to October 20, 2022. All funds raised from the auction will be used to support the museum’s work, including operational and restoration activities.
The Kharkiv Art Museum’s NFT Collection
The 15 pieces selected by Ukraine’s Kharkiv Art Museum have been divided into three categories: bronze, silver, and gold. Each tier consists of five different artworks, with auction prices starting at 500 BUSD for the bronze-tier NFTs, 750 BUSD for the silver-tier NFTs, and 1,000 BUSD for the gold-tier NFTs.
Highlights of the collection include “The Walk” (1496-1498) by German painter Albrecht Dürer, “Bouquet of Flowers” by 19th-century painter Georgius Jacobus Johannes van Os, and “View of Venice from Lido” (1854) by Ivan Aivazovsky, widely considered one of the masters of marine art. Other artists on sale as part of the initiative include Simon de Vlieger, Henryk Siemiradzki, Ilya Repin, and others.
All 15 NFTs have been created as an edition of two — with one copy exclusively sold on Binance NFT to raise funds to support Ukraine’s cultural heritage. The other copy and the original artwork, meanwhile, are both stored with the Kharkiv Art Museum.
By digitizing work from its collection, the museum is not only raising funds to help secure its existence during a difficult time, but also ensuring there’s an official source of truth for this art should anything ever happen to the museum or its website.
Additionally, anyone supporting the museum by buying one of its NFTs can do so securely, as all transactions are recorded on the blockchain. Funds can be tracked as having gone to the right place without any chance of records being altered or deleted.
The Kharkiv Art Museum’s NFT auction started on October 13, 2022, and runs until October 20, 2022. Place your bid on Binance NFT Marketplace now!
Disclaimer: NFTs are an emerging asset class that is still evolving. The information in this article should not be construed as investment or financial advice. Always do your own research before making any decision to buy, sell or trade NFTs.