Toledo Museum of Art uses cryptocurrency to acquire digital art piece
Briefly

Adam Levine, director of the TMA, emphasizes the importance of supporting artists, stating, "We want to support artists in the community in which they work. And it was important for these artists to get paid in cryptocurrency in order to minimise volatility." This approach not only offers financial stability but also aligns with the emerging trends of digital arts.
Sophie Ong, TMA's assistant director of strategic initiatives, reflects on the acquisition, saying, "Working with Yatreda was a highlight of bringing the exhibition to Toledo... A work she describes as 'illuminating the folk legend of the Ethiopian queen' and 'bringing narratives already in the show to the present moment.' This emphasizes the role of contemporary art in educational contexts.
Read at The Art Newspaper - International art news and events
[
|
]