Crypto Collectibles, Museum Funding and OpenGLAM

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Appl. Sci. 2021, 11, 9931 14 of 19 References 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. Valeonti, F.; Hudson-Smith, A.; Terras, M.; Zarkali, C. Reaping the Benefits of Digitisation: Pilot study exploring revenue generation from digitised collections through technological innovation. In Proceedings of the EVA London 2018; BCS, The Chartered Institute for IT: London, UK, 2018; pp. 56–63. Atkinson, R. Tate to Cut 120 Jobs to ‘Survive Crisis’. Available online: https://www.museumsassociation.org/museums-journal/ news/2020/12/tate-to-cut-120-jobs-to-survive-crisis/ (accessed on 1 April 2021). Adams, G.K. Redundancies and Reduced Opening Hours at Science Museum Group Sites. Available online: https: //www.museumsassociation.org/museums-journal/news/2020/11/redundancies-and-reduced-opening-hours-at-science- museum-group-sites/ (accessed on 31 March 2021). Royal Opera House History. Available online: https://www.roh.org.uk/about/the-royal-opera/history (accessed on 22 April 2021). Stromberg, M. How “Deaccession” Became the Museum Buzzword of 2020. Available online: https://www.latimes.com/ entertainment-arts/story/2020-12-29/deaccession-museum-art-auctions-2020 (accessed on 1 April 2021). Harper, J. Jack Dorsey’s First ever Tweet Sells for $2.9m. Available online: https://www.bbc.co.uk/news/business-56492358 (accessed on 1 June 2021). Origin Protocol. History Has Been Made! The Auction for the World’s First Tokenized Album Has Finished. Available online: https://twitter.com/OriginProtocol/status/1365916413421060096 (accessed on 1 June 2021). Jhala, K. WTAF? Beeple NFT Work Sells for Astonishing $69.3m at Christie’s after Flurry of Last-Minute Bids Nearly Crashes Website. Available online: https://www.theartnewspaper.com/news/beeple-sells-for-christie-s-nft-art-auction-cryptocurrency (accessed on 16 May 2021). Artnet News. The Uffizi Gallery Just Sold a Michelangelo NFT for $170,000, and Now Is Quickly Minting More Masterpieces from Its Collection. Available online: https://news.artnet.com/art-world/uffizi-gallery-michelangelo-botticelli-nfts-1969045 (accessed on 1 June 2021). Kishkovsky, S. Hermitage Museum Mints Leonardo, Monet, Van Gogh NFTs to Raise Funds. Available online: https://www. theartnewspaper.com/news/nft-hermitage (accessed on 3 August 2021). Shaw, A. NFT Breakthrough: Ethereum Co-Founder Joe Lubin Creates 99% Energy Efficient Blockchain—And Damien Hirst Is Its First Artist. Available online: https://www.theartnewspaper.com/news/nft-breakthrough-ethereum-co-founder-joe-lubin- creates-energy-efficient-blockchain-and-damien-hirst-is-its-first-artist (accessed on 20 April 2021). Ryan, T.R. Tina Rivers Ryan on Twitter: “I’m Enraged: A Company Called @globalartmuseum Has Begun Minting NFTs of Works in the @rijksmuseum Collection. They Claim “Any Revenue Derived from Sales or Rental Will Be Shared with the Museum” to Help Them during the C. Available online: https://twitter.com/TinaRiversRyan/status/1370533790284722189 (accessed on 20 April 2021). Lindqvist, K. Museum finances: Challenges beyond economic crises. Museum Manag. Curatorsh. 2012, 27, 1–15. [CrossRef] Pes, J. What Are the Biggest Challenges Facing UK Museums? Brexit and Budget Cuts, New Report Says. Available online: https://news.artnet.com/art-world/englands-museums-face-brexit-on-top-of-big-budget-cuts-but-report-looks-on-bright- side-1153148 (accessed on 13 March 2018). Sharpe, E.; Da Silva, J. Visitor Figures 2020: Top 100 Art Museums Revealed as Attendance Drops by 77% Worldwide. Available online: https://www.theartnewspaper.com/analysis/visitor-figures-2020-top-100-art-museums (accessed on 31 March 2021). Knott, J. Two Thirds of Scotland’s Independent Museums Say They Cannot Survive for a Year. Available online: https://www.museumsassociation.org/museums-journal/news/2020/08/two-thirds-of-scotlands-independent-museums- say-they-cannot-survive-for-a-year/ (accessed on 1 April 2021). Art Fund. COVID-19 Impact: Museum Sector Research Report on the Challenges Facing Museums and Galleries. Available online: https://www.artfund.org/blog/2020/05/28/covid19-impact-research-report (accessed on 31 March 2021). Atkinson, R. ACE Announces Recipients of £257m Recovery Funding. Available online: https://www.museumsassociation.org/ museums-journal/news/2020/10/ace-announces-recipients-of-257m-recovery-funding/ (accessed on 1 April 2021). Knott, J. Seven Museums Share £15m from Culture Recovery Fund. Available online: https://www.museumsassociation.org/ museums-journal/news/2020/10/seven-museums-share-15m-from-culture-recovery-fund/ (accessed on 1 April 2021). Brown, M. V&A to Make 10% of Staff Redundant Amid Coronavirus Pandemic. Available online: https://www.theguardian. com/artanddesign/2020/sep/29/va-to-make-10-of-staff-redundant-amid-coronavirus-pandemic (accessed on 1 April 2021). Cascone, S. The Victoria and Albert Museum Will Cut a Fifth of Its Curatorial Staff as Part of a Sweeping Round of Layoffs. Available online: https://news.artnet.com/art-world/victoria-albert-museum-layoffs-1947403 (accessed on 31 March 2021). Yapova, M.; Christopherson, T. Museums and Deaccessioning during the Covid-19 Pandemic. Available online: https://www. artatlaw.com/blogpost/museums-and-deaccessioning-during-the-covid-19-pandemic (accessed on 31 March 2021). Christie’s DAVID HOCKNEY (B. 1937). Available online: https://www.christies.com/en/lot/lot-6285715 (accessed on 22 April 2021). Funding: This research was funded by the Arts and Humanities Research Council, grant number AH/S005048/1. Conflicts of Interest: The authors declare no conflict of interest.

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