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The prestigious Tretyakov state gallery in Moscow, Russia, is launching a scheme of artistic patronage based on blockchain, reports the Russian news agency TASS on November 15th.
The project, nicknamed "My Tretyakov", allows individuals or companies to make a private donation to help digitize an object from the gallery's collection, so becoming the patron of art work.
The system, developed with the RDI Digital corporate innovation collective, uses blockchain technology to assign and manage the patronage structure. According to a press statement from the gallery:
"The amount of the donation is still under discussion: the system randomly selects which unit of memory (electronic copy of an art object) will be considered digitized with the help of a particular user and will link the name The object or company name for the digitized exhibition is set using blockchain technology[.]"
A presentation of the My Tretyakov initiative will take place today in the company headquarters of the VII International Cultural Forum in St. Petersburg, and was presented as "a new form of public involvement in art".
As previously reported, the flashy "first" cryptocurrency art auction in the world was held at the British Dadiani Syndicate art gallery this June, involving the sale of the fractional ownership of the 14 small electric chairs by Andy Warhol – worth $ 5.6 million.
The auction made use of a blockchain platform developed by U.K. and Maecenas, based in Singapore, specializing in the creation of tamper-proof digital certificates linked to blockchain art, which are then exchangeable on a stock exchange.
Blockchain has also been used in the world of art to verify the provenance, copyright, ownership, evaluation and authenticity of the works.
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