Yuga Labs launches the Punks Legacy Project, using museum donations and resources to anchor CryptoPunks, the first generative 10k profile image NFT collection, in pop culture and art history.
CryptoPunk #305 joins ICA Miami’s Global Museum Collection
Miami, November 15, 2022–(business wire)–Yuga Lab, web3 leader and home of Bored Ape Yacht Club (BAYC), CryptoPunks, and Meebits, today announced the Punks Legacy Project.The program’s first donation was Cryptopunk #305 – Reflects Miami’s iconic area code – Miami’s leading contemporary art museum, Miami Museum of Contemporary Art (ICA Miami).
As the first project of its kind, the Punks Legacy Project oversaw the donation and installation of several CryptoPunks in major contemporary museums around the world, providing resources on Web3 education, cryptocurrencies, and art installations. cooperate with these museums regarding Art history, cryptographic security, and NFT best practices. CryptoPunks is not only widely known as web3’s intellectual and philosophical icon, but also one of his first-ever NFT collections. 10,000 of his CryptoPunks were created as individual works of generative art inspired by the London punk scene.
“We hope CryptoPunks can lead NFTs in the same way that Jeff Koons and Andy Warhol drove a renaissance in contemporary art,” said Noah Davis, Brand Lead, CryptoPunk. “We believe NFTs are in the museum. ICA Miami and he are excited to launch the Punks Legacy Project with CryptoPunk #305.”
Celebrating the company’s deep Miami roots, Yuga Labs kicks off the project by gifting Punk #305 to ICA Miami. The ICA Miami collection reflects the most pressing art and ideas influencing contemporary art.The acquisition of CryptoPunk by a major museum confirms the collection’s pioneering role in the rise of NFT art and its impact on cultural production today.This his CryptoPunk donation to ICA Miami Done after Yuga Labs announced A $1 million commitment to support Miami arts and education initiatives.
Alex Gartenfeld, Artistic Director of ICA Miami, said: “As one of his first collection of NFTs on the Ethereum blockchain, CryptoPunks has become emblematic of the rise of crypto art and the way artists can harness new technology. Bringing Practices to the Museum Field”
“We are thrilled that CryptoPunk #305 will become an icon for Web3 in Miami. Greg Solano, co-founder of Yuga Labs. “Yuga Lab co-founder Wile Aronow I was born and raised in Miami. One of our goals is to invest throughout Miami. We are thrilled to launch the Punks Legacy Project in our hometown of ICA Miami and launch Punks that reflect our community and even our area code. ”
Punk #305 was unveiled and installed at ICA Miami on December 3rd and will be on display until the end of the year. Yuga Labs will continue to donate CryptoPunks to museums around the world for the next year. For more information, visit his website at: http://news.yuga.com/punks-legacy-project.
About Yuga Lab
Yuga Labs is a web3 company shaping the future through storytelling, experiences and community. Guided by the belief that Web3’s potential can be realized when it starts with imagination, not limitation, Yuga’s initiative aims to reinvent what the real utility of NFTs looks like and move the entire space forward. I am aiming. First to release his IP licenses to NFT owners and to license and release other top collections (CryptoPunks and Meebits) since launching flagship collection Bored Ape Yacht Club in April 2021 He got a lot of attention as one of the companies. The history of web3 with record-breaking sync player participation in its latest initiative, Otherside. One of his most ambitious interactive metaverse projects to date, Otherside is built with the community and defies the traditional walled gardens of gaming spaces. In March 2022, Yuga Labs raised a $450 million seed round at his $4 billion valuation.
About ICA Miami
The Museum of Contemporary Art Miami (ICA Miami) is dedicated to fostering ongoing experimentation in contemporary art, advancing new scholarship, and fostering the exchange of art and ideas throughout the Miami region and internationally. Through its energetic calendar of exhibitions and programs, as well as its collections, ICA Miami provides an important international platform for the work of local, emerging and lesser-known artists, and a showcase for some of the most innovative art of our time. Promote public appreciation and understanding. .
Launched in 2014, ICA Miami opened its new permanent home in Miami’s Design District on December 1, 2017. The museum’s central location positions it as a cultural anchor within the community, reinforcing its role in developing cultural literacy throughout the Miami area. The museum is free to enter and provides audiences with open public access to artistic excellence all year round.
The Miami Museum of Contemporary Art is located at 61 NE 41st Street, Miami, Florida 33137. For more information, please visit: www.icamiami.org or follow the museum Instagram, twitterWhen Facebook explore the ICA channel Inside, you’ll find ICA Miami’s exhibitions and the practices of some of the most exciting artists working today.
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