Gustav Klimt’s ‘The Kiss’ Masterpiece is Selling as 10,000 NFTs

Adoption Art NFT Non-fungible tokens
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Ruholamin Haqshanas
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Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

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Gustav Klimt, The Kiss NFT. Source: thekiss.art

 

The popular Belvedere Museum in Vienna, Austria, in collaboration with the artèQ auction house, has turned Austrian painter Gustav Klimt’s famous masterpiece ‘The Kiss’ into 10,000 non-fungible tokens (NFTs).

The collection dropped on Valentine’s Day and “each one is a unique part of the high-resolution image of The Kiss,” according to the official website.

Each NFT has a price tag of EUR 1,850 (USD 2,100; ETH 0.65). Therefore, if all pieces are sold, the collection would bring in EUR 18.5m (USD 21m).

According to data by major NFT marketplace OpenSea, the collection has a trading volume of ETH 33.3 (USD 104,000) to date and 1,600 owners. 

At the time of writing, the floor price for an NFT in the collection is ETH 0.58, slightly lower than the minting price.

Notably, users can add a personal touch to their purchased NFT by adding a “Dedication Message” to the NFT.

Gustav Klimt (1862–1918) was a symbolist painter and one of the most prominent members of the Vienna Secession movement. He was influenced by Japanese art and its methods, and his primary subject was the female body. 

‘The Kiss’ (1908) is arguably Klimt’s most popular work, seen by countless visitors annually. Despite the public criticism, as the piece was perceived as pornographic at the time, ‘The Kiss’ sold before the artist had completely finished it. The buyer was the Belvedere Museum.

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