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The Museum of Modern Art and Refik Anadol promote the NFT Burn Mechanics

In an exciting and cutting-edge announcement, celebrated multimedia artist Refik Anadol has unveiled his collaboration with New York's prestigious Museum of Modern Art, better known as MoMA, and innovative digital art platform Feral Fire. Together, they are introducing the fascinating "NFT Burn Mechanics" to the world.

This initiative allows art collectors to "burn" their non-fungible tokens in exchange for other works of art, as well as additional physical and digital benefits. It is a unique opportunity to reinvent the value and experience of art in the digital world.

As part of this extraordinary partnership, Anadol and MoMA will bring tokens from the "Unsupervised - Data Universe" collection to life through exclusive rewards. "Unsupervised" is Refik Anadol's iconic installation that captivated audiences at MoMA from November 2022 through March of this year. The exhibition featured three stunning AI-generated artworks that interpreted and transformed pieces from MoMA's vast collection, which spans 200 years of art.

The project, in general terms, seeks to attract more collectors and encourage secondary sales. In addition, it is hoped that this initiative will draw the attention of the art community and collectors to the amazing possibilities offered by artificial intelligence, which is unveiling new horizons in a variety of fields.

"Anadol trained a sophisticated machine learning model to interpret publicly available data from MoMA's collection," is how the MoMA website describes the collection in question.

Accordingly, those who choose to "burn" nine artworks from the "Universe of Unsupervised Data" collection will receive a unique redeemable NFT pass that will provide access to a wide range of future activities and exclusive items. Rewards include museum-quality 2D prints of the artworks, one hundred unique AI data paintings and a day pass to visit the Museum of Modern Art.

NFT's first "burn" event will take place May 19-21 at Feral File, a unique opportunity to dive into the fascinating world of digital art and experience its transformative impact.

"Unsupervised - Data Universe" is not the first collection to incorporate works created by artificial intelligence. In 2019, a mysterious AI artist named "DeepBlack" minted a set of 3,073 AI-generated artworks on the Ethereum blockchain.

Currently, the art community is exploring the potential of AI. Some see artificial intelligence as a valuable tool for finding references and streamlining the creative process, while others say we should be open to being surprised by AI-generated creations. In any case, one thing is certain: this innovative technology is not going away anytime soon.

With this groundbreaking collaboration between Refik Anadol, MoMA and Feral Fire, a new chapter in the history of art opens, where imagination meets technology to create unprecedented experiences. Get ready to immerse yourself in a captivating digital universe where the possibilities are endless and art transcends conventional boundaries.

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