The announcement comes after the famous Uffizi Art Museum in Florence made an almost insignificant profit on the sale of an NFT of Michelangelo’s “Tondo Doni” last year. The sale, which amounted to the equivalent of just over SEK 2.5 million, gave the museum only the equivalent of just over SEK 700,000 in profit. The company that produced the NFT object must have earned double.
“Because the issue is complex and unregulated, the Ministry of Culture has temporarily asked the institutions to refrain from signing NFT contracts. The basic intention is to avoid unfair contracts,” a spokesman for Massimo Osanna, director of the ministry’s museum director, told Art Newspaper. in this area will be issued shortly.