Entertainment museums among customers who exploit collections in the NFT market

Entertainment museums among customers who exploit collections in the NFT market

Several entertainment museums are swimming non-funky token carriers (NFTs), using their images as a means of raising money.

Places financially diminished by the decline in attendance during the pandemic include places like the Universal Hip-Hop Museum, the Museum of Broadcast Communications, the Norman Rockwell Museum, the Asbury Park African-American Music Project, and the Music Hall of Fame. Women’s Basketball. Collections through a company called Iconic Moments.

Iconic Moments specializes in creating NFT marketplaces and blockchains exclusively for museums and historical institutes. The company now has more than five million content and has amassed $ 2 million in investment to create a marketplace for preserving, protecting, and sharing a collection of rare, valuable, and historic global moments.

“The idea of ​​using the latest emerging technologies in one of the world’s oldest industries is exciting,” said Chris Cummings, CEO of Iconic Moments. “A lot of NFT-Land focuses on the present and new content, while Iconic Moments wants to focus on the past and the incredible treasures found in the archives of collections around the world.”

Iconic Moments works directly with cultural heritage institutions to analyze their assets, identify high-value items and write them in “drops” of various price structures.

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Source: Deadline

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