The Holy See has announced plans to issue non-fungible tokens on the blockchain to, allegedly, ‘democratise’ the Vatican’s historic art collection.
This was announced right before a conference called the Milken Institute Global Conference in Los Angeles. The project is a collaboration between Sensorium, a VR company, and Humanity 2.0, a Vatican led non-profit.
The non-profit, which works to better ‘human flourishing’, is chaired by Father Philip Larrey, who occupies a chair of the Vatican’s university and focuses on how technology and philosophy intersect.
In a statement, Larrey announced that he is looking forward to working with Sensorium to explore new ways to democratise art, ‘making it more widely available to people around the world regardless of their socio-economic and geographical limitations.’
It is expected that the gallery will be available sometime this year and it will be viewable through VR and on desktops. With a museum founded in the 16th century, the Vatican holds some 800 artworks.
A Vatican press representative claimed that the NFTs won’t be used to sell art pieces and it is unclear what they will be used for. The project is not a commercial one, they said, but purely social.