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This week, a major event occurred in the NFT space. The Museum of Modern Art (MoMA) in New York announced that they have included works from CryptoPunks and Chromie Squiggles in their permanent collection. This is no small gesture, but rather the first formal recognition of early blockchain native art by a traditional top-tier art institution.
Specifically, MoMA has newly acquired 8 works of CryptoPunks: Punk 74, Punk 4018, Punk 2786, Punk 5616, Punk 5160, Punk 3407, Punk 7178, and Punk 7899. At the same time, there are also 8 works of Chromie Squiggles—Squiggle 9681, Squiggle 6887, Squiggle 2022, Squiggle 8107, Squiggle 4436, Squiggle 1047, Squiggle 5465, and Squiggle 292.
Interestingly, the selection of these works was not solely decided by the museum. The artists themselves and community members contributed significantly, and their donations and initiatives directly facilitated this collection. What does this indicate? It indicates that on-chain art creators now have a voice, and they can directly influence the decisions of traditional cultural institutions.
From a broader perspective, this is a signal that Web3 art is moving towards mainstream recognition. The NFT art that was once questioned and denied is now being historically documented. This step taken by MoMA is significant for the entire on-chain creative industry.