New York City Museum Steps into the Metaverse

MetaversePlanet August 17, 2022

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The City Museum of New York, a renowned history and art museum based in Manhattan, has made a significant move into the digital realm by filing multiple patent applications related to NFTs (Non-Fungible Tokens).

These applications, submitted to the United States Patent and Trademark Office, indicate the museum’s growing interest in Web3 technologies.

Additionally, the museum is seeking to establish its presence in the Metaverse by leveraging the potential of NFTs and cryptocurrencies.

This initiative represents an innovative step for the museum, blending traditional art and history with the evolving landscape of digital technology and virtual worlds.

New York City Museum Enters Metaverse Using NFTs!

New York City Museum Steps into the Metaverse

Established in 1923, the Manhattan-based museum, known for its history and art collections, is now venturing into the digital realm. The museum’s goal is to develop collections encompassing downloadable cryptocurrencies, immutable tokens, and application tokens. It currently houses six curated sections dedicated to photography, theatre, decorative arts, costume, painting, and sculpture.

According to the trademark application filed with the USPTO, the museum’s primary focus will be on virtual goods, NFTs, and collectibles. Additionally, it plans to introduce crypto collections and application tokens, which will be utilized and transferred within a Software as a Service (SaaS) framework. This development was highlighted on Twitter by trademark attorney Michael Kondoudis.

NFTs have surged in popularity over the last year, prompting many museums to capitalize on this trend. However, the City Museum of New York is not the first to embrace Web3 technologies. In May, Dubai’s Museum of the Future announced its inaugural NFT collection, titled the ‘Metaverse of the Best’ NFTs. This launch saw a partnership with Binance and the NFT marketplace.

Furthermore, Luckmon announced a collaboration with the Morrowbogi and Chamsori Gramophone Museum and the Edison Science Museum. This unique NFT initiative includes physical ownership of a historical innovation by American inventor Thomas Edison.

The Vienna-based Belvedere museum created and launched an NFT collection of Gustav Klimt’s famous painting ‘The Kiss’ before Valentine’s Day. Last September, the British Museum debuted its digital Hokusai postcard collection, partnering with the newly established LaCollection to enter the NFT space.

Additionally, the first NFT museum opened in Seattle last May, aimed at demystifying digital art. By mid-July, an NFT gallery was established in Midtown Manhattan, New York’s primary commercial and retail district, enabling content creators globally to showcase their digital art. This initiative signifies a growing trend of blending traditional art with the digital world.