Let’s start off this week with the Financial Times
reporting on the newly formed Tezos Foundation Permanent Art Collection
The Tezos Foundation, the Swiss non-profit arm of the Tezos blockchain network, has committed £1mn to create a non-fungible token art collection. The funds have been entrusted first to Misan Harriman, a photographer, NFT collector and social activist who is chair of the board at London’s Southbank Centre.
His plan is to focus on emerging artists from Africa and Asia. “As a black man, at the top of my game in photography, I know how lucky I have been and think every day about people who have lost in the lottery of life because of the social economics of their situation. Smart contract technology gives a fighting chance to the democratisation of merit-based opportunity,” Harriman says. Works in the Tezos Foundation Permanent Art Collection will be shown on its website and will be displayed physically “sooner rather than later”, says Arthur Breitman, co-founder of Tezos. The Foundation holds about $1bn of funds, he says.