Former MOMA Chairman foundation selling classics as they invest in Digital
*Correction: Sotheby’s to Offer Works from the Collection of Broadcasting Pioneer and Former MoMA Chairman William S. Paley Major works by Francis Bacon, Pablo Picasso and Pierre-Auguste Renoir To Be Offered By The William S. Paley Foundation With Proceeds Benefiting Key Charitable Organizations, Including A New Endowment for The Museum of Modern Art Focused on Advances in Media and Technology, as well as Acquisitions. A press release will be published shortly.
The foundation for William S. Payley Major, former chairman of The Museum of Modern Art is selling over $70 million of their incredible collection that it has to fund its digital initiatives, including work from Picasso, Renoir, Rodin and more in partnership with Sotheby’s.
The sale of the William S. Paley Collection could go towards the MoMA acquiring their first NFTs, Gizmodo reported. A lot of money will be raised from auctions, so it’s a good chance that they’ll get the digital experience they’ve wanted for a while now.
After hearing the news that MoMA is considering buying NFTs, most of Crypto Twitter reacted with excitement.
The Museum of Modern Art is a museum in New York City. It was founded on November 7, 1929 by a group of American artists, critics, and art dealers.
The Museum of Modern Art has been called the most influential art museum in the world. The museum has had a major impact on modern and contemporary art for decades. It is one of the largest museums in the world with more than 200,000 works from 1900 to today.
Why You Should Visit the MoMA Today
The conclusion of this article is that you should visit the MoMA today. It has a lot to offer in terms of education, art, and culture.
You can get your fill of art while learning about the artists and their work. You can see famous paintings like Vincent van Gogh’s Starry Night or Pablo Picasso’s The Old Guitarist. The museum also has a variety of exhibits on different topics like fashion or design.
