As museums begin to embrace NFTs, they face new opportunities — and risks
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The British Museum is dabbling in NFT postcards, a museum in Miami is trying to figure out how to appraise a CryptoPunk and Seattle is now home to the world's first museum dedicated to NFT art. NFTs are non-fungible tokens — a unique, digital signature capable of marking a piece art as the original and thus conveying unique value on it. Dorian Batycka, a freelance journalist with ArtNet and The Art Newspaper, explains why museums are embracing NFTs and how they're balancing the risk and reward of doing it