The World’s Largest NFT Museum Is Coming to New York

The location for the NFT Museum—111 West 57th Street. 

Photo: Gary Hershorn / Getty Images

Over the previous few months, NFTs have taken on many varieties. From movie star tweets to Gucci sneakers, the blockchain appears to be completely unbounded. And clearly, it’s nonetheless removed from reaching its limits. Now, financier Todd Morley has introduced plans to construct the world’s largest NFT museum within the brand new 111 West 57th Street Skyscraper.

Developed by JDS group and designed by SHoP architects to be the tallest and skinniest residential constructing in New York, the brand new aerie will appropriately home the main tech pattern of the second. It may also function an antenna—fairly actually rising like one into the sky with its 1:24 width to peak ratio—to facilitate decentralized communication between numerous blockchain networks. “It’s the perfect place, as sort of a symbol of technology to announce new technology. . .” Morley informed a reporter in an interview with Bloomberg TV, “this one building will be able to connect, sort of like a ham radio operator, connect everyone in New York City to wireless trading, wireless crypto trading, wireless communication.”

Standing 1,428 ft above the clouds, the 84-foot tower, Morley believes, symbolically acts as the subsequent step right into a digitized future. And with this push, it’s straightforward to surprise why a bodily museum to deal with digital property even issues. As the Bloomberg reporter known as this into query, Morley reasoned by drawing comparisons to a extra basic establishment: “Depends on what you mean by museum, right? The Guggenheim Museum has had phenomenal success at becoming a real estate development tool using culture to develop assets and convene people. So we think there’s that,” the financier noted. “But we are also very interested in global infrastructure—technology-driven infrastructure. So it gives us the ability to not only allow investment into those areas but to sort of capture the culture of those areas. So it becomes a global ambassador, a digital ambassador, if you will—so why not centrally located in the tallest building in New York?”

Location can also be key. Situated a mere 4 blocks from MoMa, it has but to be seen if the blockchain establishment will draw the common museum-going crowd. Nonetheless, it’s positive to proceed to deliver the NFT pattern—each bodily and symbolically—to new heights.

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