NFTs are not only for the common folks, a Czech Royal family that traces its heritage to the 14th century plans to use NFTs to restore prestigious historical artefacts.
Prince Rudolf Lobkowickz, 27, of the noble Lobkowickz family, developed a love affair with NFTs during the pandemic. Due to restrictions, the Lobkowickz family could no longer host real-life cultural tours, so the Prince started creating digital content and virtual tours for fans to enjoy his family’s cultural heritage from their homes.
The tech-savvy prince soon found out about NFTs, and will now be holding a “Non-Fungible Castle” conference and weeklong NFT exhibition in Prague at Lobkowicz Palace, from October 11 to October 16.
The NFTs will feature historic pieces, and will also include a painting with a hidden story and a musical piece that has been unheard for 250 years. The Lobkowickz has been collecting art for more than 600 years, and this new medium is a way for them to test whether technology can preserve art and stand the test of time.
“My father sometimes says that we are the richest poor in the world. We are going to present pieces that are in desperate need of restoration,” said Prince Lobkowicz. “By investing in an NFT, a patron receives ownership of a unique digital asset, while also directly supporting conservation efforts or other important cultural initiatives.”
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Ivelina is an NFT and Blockchain lover. She has a knack for putting complex concepts into simple words.