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New York University's independent student newspaper, established in 1973.

Washington Square News

New York University's independent student newspaper, established in 1973.

Washington Square News

New York University's independent student newspaper, established in 1973.

Washington Square News

The Uffizi Gallery in Florence lost an estimated 10 million euros when it was forced to shut down during the COVID-19 pandemic. In May of 2021, Uffizi announced that they would be creating NFTs of some of their famous works to recover from the losses suffered during the pandemic. (Photo by Annie Hosch)

The Uffizi Gallery proves NFTs are profitable, but will they last?

The Uffizi Gallery in Florence turns to NFTs due to the economic downturn created by Italy’s nosedive in tourism amid the COVID-19 pandemic.
Annie Hosch, Staff Writer October 25, 2021

FLORENCE, Italy — As the pandemic surged through Europe last year, Italy’s museums and galleries shut their doors to the public. The subsequent shutdown of the tourism industry...