Italy Bans National Heritage Artwork Offered As NFT

 


The artwork produced by Donatello, Michaelangelo, Raphael, and Leonardo da Vinci is known all over the world to the point of being named Italy’s national heritage artwork. To ensure the status of the country's art heritage is preserved, the Italian Ministry of Museums is now asking museums and art institutions in the country not to offer national heritage artworks in the form of NFT.



The move came after an NFT painting of Doni Tondo by Michaelangelo was sold in NFT form for € 240,000 by the Uffizi Gallery in Florence. This raises the question of who is now the real owner of Doni Tondo and whether NFT will reduce the artistic value of the existing physical heritage.


NFTs are sold by leading galleries to cover high operating costs and arouse public interest in the artwork. The move to sell national heritage artwork as NFT was also carried out by the Hermitage’s leading museum in St Petersberg and the British Museum. With the NFT fever now on the wane, this instruction given by the Italian arrived just in time.

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