The Los Angeles County Museum of Art (LACMA) has made a groundbreaking move by acquiring 22 NFTs of generative artworks, all of which were donated by a mysterious and prolific NFT collector known by the pseudonym Cozomo de’ Medici. The donation includes collectible NFTs from sought-after generative artists such as Dmitri Cherniak, Cai Guo-Quiang, Matt DesLauriers, and Monica Rizzoli, as well as from the Crypto Punk and World of Women collections.
Cozomo de’ Medici was motivated to donate the collection to LACMA by a desire to start a new movement there, akin to the effect William Randolph Hearst had when his donation of hundreds of artworks converted LACMA from a history museum to an arts museum. In a recent interview with ARTnews, he said, “I told them about my collection, which tells the story of on-chain art, our evolution thus far. That conversation sparked an idea to make a donation of a significant part of that collection to LACMA that would help seed a robust digital arts collection there.”
LACMA has been taking several steps to promote digital art,…