Singapore-based Co-Museum Empowers Art Lovers through Accessible Co-Ownership

Co-Museum has launched its first physical collectible, the “Artifact 001: The Golden Skateboard,” created by NFT anime brand Azuki and signed by skateboarding legend Tony Hawk. The 24k gold-plated skateboard is the first to use the Physical Backed Token (PBT) standard, bridging the digital and physical realms.

Co-Museum aims to redefine art ownership by merging fine art with blockchain technology, creating digital and physical collectibles that offer meaningful ownership rights backed by the underlying artwork. By leveraging NFTs, Co-Museum enables individuals to co-own rare and significant artworks and artifacts, promoting a sense of community and collaboration.

Founder Chaw Wei Yang believes that art belongs to the people and should be accessible to everyone. Co-Museum collaborates with designer YOON of AMBUSH to create a line of clothing and jewelry tied to the Azuki Golden Skateboard. Each NFT purchase grants co-collectors a random selection of asset-backed collectibles, including necklaces, apparel, art prints, and porcelain skateboard decks, all featuring scannable NFC chips for easy market trading.

The Azuki Proof-of-Skate auction in 2022 introduced the concept of PBTs, tying physical items to digital tokens. Azuki founder Zagabond is proud to see the Golden Skateboard as the first asset-backed collectible for Co-Museum’s launch.

Co-Museum is revolutionizing the art world by transforming art collecting into a communal activity, where the collective value surpasses the sum of its parts. Through Asset-Backed Collectibles, Co-Museum welcomes everyone to engage in co-collecting culturally significant works, introducing new physical, emotional, and communal aspects to the experience.

The release is set for early June, and art enthusiasts are encouraged to follow Co-Museum’s social media channels for the latest updates and information.