The Binance NFT Marketplace announced today that the non-fungible token (NFT) platform will launch a premium NFT collection backed by the State Hermitage Museum in Saint Petersburg, Russia. The NFT auction will begin on August 31 and run until September 7, 2021. The NFT auction will feature NFT artwork by the world-renowned artists’ Vincent Van Gogh, Claude Monet, and Leonardo da Vinci.
State Hermitage Museum and Binance Collaborate to Sell World-Renowned Art in NFT Form
It seems that 2021 is the year of non-fungible token (NFT) collections, as NFT collectibles and artworks have sold for millions of dollars. So far, Beeple’s “Everydays: The First 5000 Days” NFT is the most expensive as the NFT ever sold, as it was purchased for $69.3 million. Another high-profile NFT sale is Cryptopunk #7523, which was acquired for $11.8 million in ethereum (ETH). Bitcoin.com News has been covering a myriad of NFT projects making millions like Bored Ape Yacht Club (BAYC) and the Weird Whales NFT collection.
On August 30, the cryptocurrency exchange Binance announced that the company’s NFT market dubbed the “Binance NFT Marketplace” plans to feature non-fungible token collectibles from some of the world’s most famous artists. Binance NFT Marketplace has teamed up with the well-known State Hermitage Museum. The Saint Petersburg-based museum is the largest art museum on the planet, and it boasts some of the world’s finest masterpieces. Russia’s Empress Catherine the Great started the impressively sized art collection back in 1764.
The State Hermitage Museum revealed the NFT collection and Binance NFT Marketplace collaboration on July 26, 2021. “The NFT collection consists of works such as the Madonna Litta (Leonardo da
