Power Express – Reflections on time. The original NFT set from SCHIELE

The director of the Leopold Hans Museum Peter Weiblinger announced the NFT drops of Schiele’s work and exciting discoveries

VIENNA (OTS) – The museum’s first NFT collection includes 24 exclusive works of Egon Schiele as well as the stunning discovery of painting from his early works. Thanks to an innovative collaboration between the Leopold Museum, the NFT platform LaCollection and Österreichische Post AG, it will soon be possible to purchase selected works from the Leopold collection as an NFT (Non-Fungible Token). The sale starts on May 16 and runs through May 26.

24 works by Egon Schiele are available under the name NFT

Museum director of the Leopold Hans Peter Weiblinger selects 24 works by the important Austrian Expressionist artist Egon Schiele (1890-1918) for the launch of the NFT and explains the beginning of the NFT collection:

“The pandemic has accelerated digitization in the art world and made NFTs an integral part of many well-established traditional art groups. We are seeing an evolution that opens art collecting to a much broader and open audience who realizes the huge potential of NFT art. Not only does Schiele’s artwork NFTs enable us to Preserving the museum’s treasures permanently in the digital world, but also to connect with people who we could not have access to our museum in Vienna before.”

Limited digital artwork in three categories and exciting rediscovery

The NFT collection at the Leopold Museum allows for unique and limited edition digital twins of selected artworks. NFTs fall into three categories based on trading: Ultra Rare, Super Rare, and Rare. While buyers can purchase ‘Rares’ in a limited-time open edition of up to 100 pieces per action for €499 per action*, ‘Super Rares’ (10 edition) and ‘Ultra Rares’ (version 2) were sold at auction with a starting price of 15,000 EUR and 100,000 EUR respectively. The NFT of each artwork is still in the possession of the Leopold Museum.

Among others, Schiele’s famous Self-Portrait with Chinese Lanterns (1912) and Portrait of Wally Neuzil (1912) will be available. The NFT group measures Schiele’s work based on a thematic collection of works from different creative periods. A highlight of the NFTs is the early work of Leopold ižek on the piano (1907), which was rediscovered more than 100 years later and could be purchased as an NFT before it was originally admired in the museum.

The director of the Leopold Museum, Hans Peter Weeblinger, sets a clear goal for using the proceeds from the museum’s first NFT sale:

“We fully reinvest the proceeds from the sale of the NFT in the restoration, preservation and purchase of the artwork – including the exciting rediscovery of Schiele. The work will then be shown as a permanent loan at the Leopold Museum, intent on long-term availability to the public and thus acquiring of the painting as well, which would It complements our Schiele range perfectly,” says Hans-Peter Wipplinger.

Partners of the Leopold Museum

LaCollection – Builders of bridges between the NFT collector and the museum

For collaboration, the Leopold Museum relies on the international NFT platform LaCollection, which specializes in NFT art from established museums and contemporary artists.

“LaCollection offers collectors new ways to discover, experience and own premium art from leading museums and digital artists. Even without prior knowledge, anyone can become an NFT collector in no time at all and easily with a credit card – and therefore local currency – purchasing NFT masterpieces. By Egon Schiele on our platform,” Jean-Sebastien Bocamps, CEO and Co-Founder of LaCollection

Austrian Post: a strong partner in the crypto sector

Another important technology partner of the NFT project is Austrian Post, which has advised during preparation and will play an active role in implementation.

“Across all areas of the business, we aim to identify, screen and implement new trends and innovations where possible. Through our use of blockchain and crypto technology, we took the lead in this country in 2019 and built expertise. We can now also offer this to partners. The joint implementation of a project is NFT together with the Leopold Museum is an important milestone that will soon be followed by others. These developments are an excellent example of the innovative power of Austrian Post”, says Georg Poelzel, CEO of Österreichische Post AG.

Focus on climate protection

For the Leopold Museum and LaCollection, sustainability is an essential part of the project. To this end, with every NFT purchase, trees are planted with the help of green technology company EcoTree, which offsets the carbon dioxide produced by the NFT generation. In addition, EcoTree also works with biochar, which binds CO2 in agricultural soils in the long term and thus has a direct positive impact on the climate.

The Leopold Museum: the most comprehensive Schiele collection in the world

The Leopold Museum houses a collection of Austrian art from the second half of the 19th century and the modern era, founded by Rudolf Leopold and now includes more than 6,000 objects. Nowhere else can the concept of art and the intellectual world of Vienna around 1900 be reconstructed so directly and the historical developments of art from moody Impressionism to Art Nouveau to comprehensively understood Expressionism. Highlights of the 1900 Vienna Exhibition with the world’s largest collection of works by Austrian expressionist Egon Scheele, masterpieces by Gustav Klimt and the world’s most comprehensive permanent exhibition on Oskar Kokoschka, plus other works of Viennese modernism and the craftsmanship of Wiener Werkstätte.

Summarizing the work of the individual groups:

Ultra Rares: Dead Mother I, 1910 – Portrait with lantern fruit, 1912 – Portrait of Wally New Zealand, 1912

Super Rares: stylized flowers on a decorative background, 1908 – kneeling naked, 1910 – newborn with knees, 1910 – seated man with arms raised (Arthur Rossler), 1912 – old gable, 1913 – couple embracing, 1914 – girl with legs separated, 1918 – Fourth Nude, Self-Portrait, 1918 – Head of the Dead Gustav Klimt, 1918

Rare: Portrait of a Girl, 1906 – Leopold ižek at the piano, 1907* – Bare trees, houses and roadside shrine (Klosterneuberg), 1907 – Houses in front of a mountain slope, 1907 – Girl with hands held together (Gerty Schiele), 1910 – Naked female with forearms raised , 1910 – nude self-portrait, squatting, 1912 – nude with arms crossed, 1914 – Boldy, 1914 – arch of a house in Kromau, 1914 – girl lying down with hair bow, 1918

* The 1907 Leopold Czejic piano rediscovered painting will be available as a “special rarity” for €999.

More information at:

[https://www.leopoldmuseum.org/de] (https://www.leopoldmuseum.org/de)

[https://lacollection.io/] (https://lacollection.io/)

[https://ecotree.green/en/] (https://ecotree.green/en/)

[https://crypto.post.at/] (https://crypto.post.at/)

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