The Museum of Modern Art in New York acquires 8 CryptoPunks, a traditional art institution embracing digital collectibles

[Crypto World] Major Art Institutions Enter the Digital Collectibles Space. The Museum of Modern Art in New York recently announced the acquisition of 8 CryptoPunks NFTs, including works numbered 4018, 2786, 5616, 5160, 3407, 7178, 74, and 7899. This acquisition has attracted widespread attention — the recognition of digital artworks by traditional art institutions signifies that NFTs are gradually gaining endorsement from mainstream cultural organizations. CryptoPunks, as one of the earliest generative art NFT projects, has been highly sought after by collectors for its unique pixel style and scarcity. This significant purchase not only highlights the collectible value of NFT artworks but also indicates the rising status of digital art within formal cultural systems. For the Web3 ecosystem, this marks another milestone in the integration of the traditional art world and the blockchain space.