On October 13, the Kharkiv Art Museum announced that the Binance NFT market now offers its "Art without Borders" NFT collection. The official announcement states that the sale will preserve the cultural legacy of Ukraine and that it will feature 15 works of art from the museum's collection. All earnings will go toward supporting the institution.
Nearly 25,000 works of fine art by Ukrainian and international artists are exhibited at one of Ukraine's oldest museums. The NFT collection includes works of art by Albrecht Dürer, Georg Jacob Johann van Os, Ivan Aivazovsky, Simon de Vlieger, and other artists.
According to Lisa He, the CEO of Binance NFT, when donors are searching for a safe and guaranteed way to donate money at a time of conflict, NFTs provide confidence. The executive of Binance went on to clarify that because of the blockchain's transparency, contributors may also track when and whether their donations reached their intended recipients.
In the past, museums have used NFTs to digitize artwork, such as the Royal Museum of Fine Arts Antwerp, which tokenized a valuable work from their collection. Even in metaverse museums, art has been NFT-ized, like when Frida Khalo's family introduced work from their own collection into Decentraland that had never been exhibited before.
According to Lisa He, the embryonic NFT technology and the long-standing cultural legacy of Ukraine in the NFT will contribute to the reconstruction of culture and history in the actual world. She said that Binance would keep funding NFT initiatives that provide realistic, scalable solutions for different societal issues, including Ukraine's historic legacy preservation.