Uffizi Sells Renaissance Masterpieces as NFTs to Recoup Losses

Looking to recoup losses resulting from the pandemic, the Uffizi Galleries in Florence is offering its most famous artworks for sale as NFTs. The first encrypted work available, Michelangelo’s painting Doni Tondo (1505–06), sold for $170,000. According to the Italian newspaper Corriere della Sera, the digital facsimile of Doni Tondo was purchased by an Italian woman as a birthday gift for her husband, a prominent collector.
The Uffizi Galleries will share the proceeds with Cinel