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House of Lobkowicz has fully restored over 50 artwork thanks to NFTs

House_of_Lobkowicz_has_fully_restored_over_50_artwork_thanks_to

Due to NFTs, the House of Lubkowicz, a Czech aristocratic family, has unveiled and reinstalled more than fifty precious works of art in their exhibition spaces in the Czech Republic. In October 2021, they created and showcased the Lobkowicz’s series’ as part of a NF Castle event.

Thanks to this event and the sale of NFT, historical artworks have presently been restored. Currently, as a thank you for their support, NFT holders will get well-known post-renovation NFT artwork.

House of Lobkowicz NFTs assist to restore precious artwork

Appealingly, the noble family has selected an exclusive approach to web3. NFTs have been essential in the restoration of the House of Lobkowicz artworks. They intend to include their community and involve them in the restoration process in the form of ‘Cultural Philanthropy’.

Due to this approach, they have created a community which values culture, art, and the preservation of historical items. Majorly, they set the price of each NFT regarding the cost of restoration.

The Non-Fungible Castle NFT series

Lobkowicz House created 3 NFTs to make their massive restoration project possible. Initially, there was the Proof of Patronage NFTs, whose price was in line with the cost of restoration. Secondly, Digital Explorations provided an insight into how digital technology can improve and preserve art.

For this reason, animation, music, x-ray and infrared helped to display the art of Lobcowicz House in a new light. Ultimately, the third collection of NFTs presents a creative response to the original artworks by contemporary artists.

The House of Lobkowicz NFT project was a big success, and demonstrated the power of NFTs. In the future, we can see similar projects concentrating on cultural philanthropy.

Historical art & Web3 philanthropy

Different important historical and cultural artworks are among those that have currently completely restored. This consists of A Wild Boar in a Landscape (1694), a painting which features in Wes Anderson’s award-winning film The Grand Budapest Hotel (2014), and Portrait of Dona Margarita Teresa Infanta of Spain, Duchess of Austria and Empress (1664-1662). These are now on display at the great Nelahozeves Castle.

In fact, the most challenging restoration project was the Chinese Belvedere. This room in the Lobkowicz Palace has elaborate frescoes and art from 1906.

What following for House of Lobkowicz NFTs?

Due to the success of the Non-Fungible Castle experiment, there are plans for a new project to keep on joining the gap between the traditional art world and web3.

Additionally, thanks to the NFT series, there is presently a clear example of NFTs restoring priceless art which others can use.

Moving ahead, Lobkowicz House will “discover how they can use blockchain technology to rediscover, share, and save cultural identity.”

The second edition of Non-Fungible Castle will be held on November 4-5. In addition, the Lobkowicz Palace in Prague Castle will host a free NFT exhibition from October 27th to November 14th.

About Nicolle

She is an Indian Freelance writer. She loves thinking, learning, and writing about all things Web3.

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