Art Market Report - Feb 12
A weekly report on the NFT Art Market, covering 1/1s, editions and other important news.
1/1s
The 1/1 Art Market remains slow this week. Here are some of the wins across different genres:
ETERNAL by ALIENQUEEN was collected by Rinko for 17.069 ETH on SuperRare, an ATH for the artist.
The Prayer, It Sounds Like a Whisper by AI artist NeuralBricolage was collected by jdh for 14 ETH on SuperRare.
Photographer Laurent Castellani had 4 sales on SuperRare this week, a total of 12 ETH.
Abstract artist Philipp Rosenhain had 3 sales this week on Foundation to VincentVanDough and PabloPunkasso, a total of 7 ETH.
Editions
Rug Radio Faces of Web3 by Cory Van Lew had 372 ETH trading volume since the launch on Feb 6. See the launch video here.
OPEN EDITION BY KEVIN ABOSCH had 355 ETH trading volume since minting on Feb 10. 7,088 minted at the price of 0.03 ETH.
Boots By Jeremy Booth had 192 ETH trading volume in the past 7 days. On Feb 10, a special activation with Wrangler was kicked off, where the metadata was changed until Monday morning. Learn more about Boots in a thread here.
Twin Flames - Collection of 100 Twin Portraits by Justin Aversano had 3 big sales this week. Twin Flames #19. Brian and Matthew Vinton (“The Trippy Twins”) was sold to j1mmy.eth for 111.11 ETH on the Secondary. The piece was last sold to CryptoNovo for 15 ETH in July 2021.
Defy Mosaics by Lucréce, a generative collection paying homage to pop art, went live on Async on Feb 9 and had 144 ETH trading volume in over 3 days.
New Teeth 2033 (edition of 30) minted by XCOPY in 2018, was collected by Maxand98 for 80 ETH.
Debt to Ekub by Sam Spratt, 1 of 49 in Skulls of Luci collection, was sold to wccapital for 65 ETH. Read more about the story of Debt to Ekub here.
After Curated acquired 5 Primeras in a single day on Feb 3, the collection by Mitchell and Yun had its biggest trading volume week (62.33 ETH) since its launch in Nov 2021.
New Life (edition of 100) by Jake Fried had 56.46 ETH trading volume since the minting on Feb 6.
Other big news
Centre Pompidou announced plans for a new exhibition examining the relationship between art and the blockchain that will feature NFTs from the valuable CryptoPunks and Autoglyphs projects, among works by 12 other digital artists collection.
andy, founder and CEO of TESSERA, announced new platform Escher, a curated marketplace for fine art editions. According to the thread, the biggest pain point of editions has been artist-based discovery. Escher aims to curate ALL editions by artist, regardless of the platform or contract they exist on, eliminating the need for jumping platforms by having all of the editions appearing in one user-friendly place.
Sam Spratt announced LUCI : Chapter 4 “VIII. Infinite Ceremony”, which will be auctioned off via AOTM on Feb 15 with public reserve price of 120 ETH. According to Spratt in another tweet, wccapital has already committed to the opening bid to meet the reserve.
Manifold’s Claims monthly volume sees exponential growth.
Wonderful Week 🔥🔥
crazy week!! :::)