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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
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Russia’s Hermitage museum to host NFT art exhibition

The NFT exhibition will be part of the “Hermitage 20/21” project.

Russia’s State Hermitage Museum, the second-largest art museum in the world, is preparing to host a digital art exhibition involving non-fungible tokens.

Scheduled to take place in 2021, the Hermitage’s NFT project will be Russia’s first exhibition in the field of NFT art, the museum officially announced Thursday.

The Hermitage’s contemporary art department is organizing the exhibition, which will be part of its “Hermitage 20/21” project. The announcement read:

“Non-fungible tokens have become a new form of securing rights to an artwork using blockchain technology, which allows you to establish unambiguous control over copyright and ownership rights.”

The Aksenov Family Foundation — a local cultural and social innovation fund — will be a strategic partner of the Hermitage’s NFT project, which aims to study new forms of audience involvement in cultural practices.

Located in Saint Petersburg, the Hermitage is a federal museum comprising three million items. The Hermitage did not specify whether the museum is planning to conduct an NFT auction sale as part of its upcoming exhibition. The museum did not immediately respond to Cointelegraph’s request for comment.

As Cointelegraph previously reported, some artists whose work has been exhibited at the Hermitage — like Irish conceptual artist Kevin Abosch — have been heavily involved in the crypto industry, experimenting with NFT technology for digital art installations.

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