Picasso NFTs closed by family members

As the tireless march of NFTs begins to take more and more of a foothold in the existing art industry in the arts, we’re sure to see this trend tackled by legendary artists and their descendants. One such massive note name that has recently been wrapped around the platform is that of Pablo Picasso. In dizzyingly rapid ups and downs, members of his family line discussed plans for the Picasso NFTs and were quickly shut down by other family members.

The business was first led by Picasso’s granddaughter and son, Marina Picasso and Florian. 1,010 NFT Picasso were intended for creation, based on a ceramic by Picasso himself and accompanied by music that Florian, DJ, had created. It was not a pipe dream either, Florian having worked with famous musicians John Legend and Nas for the music. With this particular aspect given so much effort and thought, it’s hard to tell if the intention was to honor a legacy by taking it into a new realm or to pursue a music career alongside the crypto wave.

But the dream was to be short-lived, as many other members of Picasso’s line put an end to the NFT project. While the Cubist painter’s name and intellectual property are collectively managed by his children and grandchildren, his son Claude Ruiz Picasso is the family administrator and is the only one who can technically authorize this NFT project. Clearly, through the statements of estate attorney Jean-Jacques Neuer, not everyone is rushing to join the NFT stream.

This is an understandable reaction from the family. Considering not only the disjointed effort that seemed to drive this plan, but also the context and quality of NFTs as they are – being oversaturated with bland monkey avatars and digital jokes for cryptocurrency playboys – it’s hard to see a reason to provoke Pablo Picasso’s NFT. And there are certainly ways for an artist’s legacy to be honored in new modern mediums in a way that maintains tact: take for example the Immersive Van Gogh experience that seems to have spawned multiple copies. There are myriad ways to allow classic art to be enjoyed with new life that certainly doesn’t have to come down to new ownership.

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