Art Market Report - April 29
A weekly report on the NFT Art Market, covering 1/1s, AI & generative art, editions and other important news.
1/1s
3 XCOPY 1/1 sales last week on SuperRare’s secondary market. Death by Algorithm (2019) was collected from Moderats for 256 ETH, who previously bought it for 10 ETH in December 2019. DISCONNECT (2019) was collected from lev for 136 ETH, who previously bought it in August 2019 for 0.5 ETH. Afterglow (2019) was in turn collected by Moderats for 128 ETH from j1mmy, who previously bought it for 26 ETH in March 2021.
Edward Snowden - Decentral Eyes - Variant 01 (2019) by Coldie was collected by NTmoney from blockchainbrett for 65 ETH on SuperRare’s secondary market. blockchainbrett previously bought it for 12 ETH in April 2020. According to Coldie in a tweet, the piece features images captured during Edward Snowden's live stream at the Bitcoin 2019 Conference in San Francisco. It was inspired by Snowden's use of Bitcoin to pay for servers used in the NSA leak, serving as a meta-live-performance digital art piece.
Yatreda had 3 1/1 sales from collection Adam and Hewan አዳም እና ሔዋን on Fellowship for 10 ETH each: Adam Names the Animals (to maxkarlan), The Birth of Adam (to Bob Loukas) and The Forbidden Fruit.
cydr released a new round of mugshots including 38 1/1s on Foundation, 33 were collected by far, a total of 18 ETH. I wrote a newsletter about the collection here.
Coming of Age by Summer Wagner was collected by PTM for 12 ETH.
Ayla had 5 1/1 sales on SuperRare from her new collection Prelude To Integration: The Seven Stages, a total of 12 ETH. Featuring seven unique 1/1 artworks, this series includes Ayla's first integration of embellished works on paper, each distinguished by color that serves as a symbolic reference to the Seven Stages of Alchemy.
Botto had 2 1/1 sales on SuperRare last week. Abundance in Discarded Whit was collected by Rhynotic for 6.05 ETH. A Brush with Arts was collected by Cyborg DAO for 10 ETH on the secondary market.
#38 - Story Time & #19 - Federal Request by BoldLeonidas were collected on Foundation’s secondary market for 2.3 ETH and 3 ETH.
EDITIONS, GENERATIVE, & AI ART
2 Skulls of Luci secondary sales this week: Tribes of the Calf was sold to Kanbas and Singular Focus to redbeardnft guppynft for 85 ETH each.
Chromie Squiggle by Snowfro saw 231 ETH (+472%) volume in the past 7 days, with 1confirmation sweeping 14 from the collection.
BEEPLE - SPRING/SUMMER COLLECTION 2021 saw 126 ETH (+101%) volume in the past 7 days, with Raoul Pal adding 6 to his collection, who posted in a tweet: “These two artists (XCOPY and beeple) ARE the culture of the internet and the single most important artists in the digital space. They are the true OG's and will matter decades from now.”
Notable XCOPY edition sales:
The Doomed (black & red) (2020) - 24 ETH
Rabble 7 (2020) - 17 ETH
Rabble 34 (2020) - 16.1 ETH
GOURMET SPICY #3/24 (2022) - 10.88 ETH