Original Picasso to be sold as NFT by WISE ART
Leading global cyber security, AI, blockchain and IoT company, WISeKey International Holdings Ltd. announced that its WISe.ART 2.1 NFT marketplace for Cubist, will develop an NFT token for a major cubist painting by Pablo Picasso called ‘The Magic Violin.’
The NFT will come in the form of a physical package which will include the original artwork, a holographic version of the NFT that will be broadcast to two different museums simultaneously.
Picasso drew inspiration primarily from Japanese art in the early 20th century, and was passionate about cutting shapes from materials such as cardboard, metal, wood and paper, which he could then shape and split into geometric forms and piece together as collages.
Picasso’s Magic Violin is a collage he made from newspaper scraps, coloured paper and music scores. The NFT and art design in the form of a short video done by Pedro Sandoval, who through a short video, tells the story of the theft of two violins from the famous French painter Henri Rousseau (recognized for his ‘native’ nature renders) in a short video.
Picasso, a staunch admirer of the depraved artist, replaced the violin with a cut out shape of the violin and placed it in an empty box for him. Today, the cardboard violin case is the property of a Spanish collector, the grandson of Marco Salazar Ruiz.
The art piece was recently displayed as follows:
2020 at the Museum of the Royal Conservatory of Music in Madrid, founded by Queen Maria Cristina in 1830
2021 at the San Clemente Cultural Center in Toledo, in the time of Alfonso VII in 1085
In the city of San Clemente in Cuenca by the Antonio Perez Foundation in 2022
WISe.ART is an NFT marketplace platform that provides artists, galleries, collectors, a secure environment to connect their crypto wallets and purchase or list their NFTs for sale instantly.
The new design of the WISe.Art 2.1 platform ensures that in addition to an authenticated and signed version of the actual digital asset, user can create NFTs that can be tied to a physical item, along with proof of ownership, provenance and a set of contracts describing future use and monetization streams.