Ukraine’s Kharkiv Art Museum Launches NFT Collection With Binance to Raise Funds, Secure Jobs
The art museum in the Eastern Ukrainian city of Kharkiv has partnered with cryptocurrency exchange Binance to offer non-fungible tokens (NFTs) of some of its most valuable artworks . Proceeds from the auction will be used to restore the museum’ ;s activities and support its staff. Ukrainian Museum to Sell 15 Works of Art as Digital Collectibles on Binance NFT The NFT marketplace of the world’s largest crypto exchange by trading volume, Binance NFT, has announced the launch of tokens representing over a dozen of Kharkiv Art Museum’s works. The cultural institution has one of the oldest and most valuable art collections in Ukraine. “Today, the museum’s holdings include about 25,000 works of fine art of Ukraine, Western Europe, the Middle and Far East of the 15th–21st centuries,” Binance said in a press release. The Kharkiv Art Museum will be auctioning 15 of them as NFTs from the “Art Without Borders” collection. The colle...