Art Market Report - Feb 26
A weekly report on the NFT Art Market, covering 1/1s, editions and other important news.
1/1s
The big sales
Joe Pease dropped Everything is Temporary |. on this Saturday, which moved so many of us on the soul-level. It’s like our lives summed up in 47 seconds - things that had exhausted us, broken us, time that was wasted in futile, then the blissful, beautiful moments that slipped away from us way too fast, leaving us standing there always all alone, like a bystander of our own life… It’s truly a blessing to witness the birth of this masterpiece. It was collected by VincentVanDough for 120 ETH on AOTM.
For those who are interested in acquiring Joe’s work: 11:22am is available on SuperRare’s secondary market for 51.5 ETH list price.
Anonymous artist Lascaux had 3 sales this week on SuperRare, including buying back their own work SPF 30 for 6.699 ETH and then sold it on the next day for 18.7 ETH to kmcgeever. Another piece Bed Bath and Burn was sold to the same collector for 10.648 ETH.
Pindar Van Arman had 2 sales this week on SuperRare, a total of 26.7 ETH.
hounds by ripcache was collected by defianceworks for 24 ETH on SuperRare, which is on view at Daata’s NFT Paris group show Blind Spot that explores our relationship with increasingly invasive technologies.
Solver by abstract artist jackkaido was collected by BabboBelloFund for 14 ETH on SuperRare.
Tsukuyomi by pho was collected by VincentVanDough for 14 ETH on AOTM.
Artists to watch
Ryan D Anderson had 1 primary sale on SuperRare and 2 secondary sales on Foundation this week, a total of 14.97 ETH.
Big City Dreams by Laura El was collected by TappySF for 9 ETH on SuperRare, an ATH for the artist.
Just In Time by jeremybooth was collected by PabloPunkasso for 8 ETH on the secondary market. It was previously sold to Bitman for 3.7 ETH in August 2022.
Noise by batz was collected by nydoorman for 6.69 ETH. The piece is part of a series of self reflections The Nine. Learn more about the series here.
CRYPTO ART 101 by KING XEROX was collected by harsha_nik for 6.655 ETH.
Other big news
Art Blocks announced secondary marketplace functionality which now includes native listings/delistings, with creator royalties always baked in and no additional marketplace fee being added on top.
Cozomo de’ Medici sat down with Christie’s to chat about the future of art on the blockchain: An interview with Cozomo de’ Medici, the ‘grand patron’ of the digital art renaissance.
byteGANs by Pindar Van Arman had 4,280 ETH trading volume since launch on Monday Feb 20.
Sotheby’s auction Contemporary Discoveries features NFT artworks from Michael Kutsche, Brooke DiDonato, Terrell Jones and Sleepr. The auctions close on 1 March 2023•11:00 HKT.
NFT Paris (February 24-25, 2023) seems to be a great success, according to many people it’s one of the best NFT events they’d ever attended. A great thread from Broke:
Bright Moments X Art Blocks MPKOZ METROPOLIS world tour.