Few things have recently been as divisive in the world of digital art as NFTs and their underlying blockchain technology. In this series, stewarded by our Art + Technology Lab, we will talk with cultural practitioners in and outside of the museum to explore what NFTs mean for institutions that collect digital art, as well as look at the artistic, curatorial, conservation, registration, and legal issues of this new digital format.
NFTs and the Museum
Part 2: Legal Issues for Acquisitions
This post features Jeffrey Blair, LACMA General Counsel and Assistant Secretary, in dialogue with Sarah Conley Odenkirk, partner in Cowan, Debaets, Abrahams, and Sheppard LLP's Entertainment group. Odenkirk co-leads the firm's art law and NFT practice, and advises artists, collectors, dealers, and art institutions in art world negotiations and transactions.