Paris Mint, the world’s oldest, holds its first NFT exhibition

Collaboration between the Mint Bureau and NFT Art is realized

France’s La Monnaie de Paris, the world’s oldest mint, is hosting an exhibition of works by renowned NFT artist Robert Allis.

The exhibition titled “Babel” consists of the following two series newly produced by Mr. Alice at the request of the Paris Mint.

• The Blueprints
• Ornament and Crisis

Alice says many of the works in the exhibition are highly provocative, including “the history of the financial crisis in this building that has been making money for 1,200 years.” His work questions the role of centralized power and examines the impact of blockchain and cryptocurrencies on traditional institutions.

The “Blueprint” series of six works abstracts architectural drawings and original blueprints, combining the history of blockchain with existing graphics, typology and literature (“The Library of Babel” by Jorge Luis Borges). , creating imaginary structures that reflect the clash of centralized and decentralized thought systems. The prices of works range from 50,000 to 65,000 euros (about 7.8 million to 10 million yen).

The “Ornament and Crisis” series also consists of six works, presenting an alternative history of the financial crisis at the Paris Mint. The series challenges traditional architectural norms, referencing the Austrian architect Adolf Loos’s “Ornament and Crime”, which argued that “decoration is a sin”. Using a 3D scan of the neoclassical Paris Mint, the work sees traditional ornamental and architectural motifs as symbols of power in a centralized monetary system. Prices range from 7,000 euros to 50,000 euros (approximately 1.1 million to 7.8 million yen).

Despite the nature of the work, the historic Paris Mint, founded in 864, said it respected “very different points of view” and developed a strong relationship with Alice. The idea for the exhibition dates back to a year ago, but it is said that everything was left up to Mr. Alice on the condition that he would get inspiration from the Mint.

Marc Schwartz, CEO of the Paris Mint, said he had a very fruitful conversation about working with Alice.

About Robert Allis

Robert Allis is a pioneer in the blockchain art and NFT fields. He is also an art historian, and this year he was commissioned by Taschen, a German publisher of books on art and architecture, to co-write and edit an art history on NFTs. He is a guest lecturer at Central Saint Martins in London and Columbia University in New York.

In October 2020, the first NFT art auction at Christie’s, a major auction house, was his work “Block 21”, which was sold for about 18.9 million yen ($131,250), which greatly exceeded the previous forecast. rice field. “Block 21” is part of the “Portraits of a Mind” series, which includes works by Binance CEO Changpong Zhao (CZ) and Block (Bloq) founder Matthew Roszak. It was purchased by prominent figures in the cryptocurrency industry, including the chairman.

After that, Christie’s held an auction for the NFT of the popular digital artist Beeple, which led to the successful bid of about 10 billion yen ($69.4 million) in March 2009.

connection:Bitcoin Motif NFT Art Bid for Higher Price Than Expected ──First Auction at Famous Auction House

About the Paris Mint

Founded in 864 by Charles II, the Paris Mint is France’s oldest administrative institution and the oldest continuously operating mint in the world. It is still in charge of Euro minting and also manufactures commemorative coins for collections.

Large-scale renovation work began in 2011 and was completed in 2017. A large part of the building serves as a museum where you can learn about the history and manufacturing process of coins, as well as a place where you can learn about the history and manufacturing process of coins, as a complex facility equipped with restaurants, cafes, museum shops, etc. is open to the general public.

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