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Art Market Report - July 16
A weekly report on the NFT Art Market, covering 1/1s, generative art, editions and other important news.
0xdgb had 2 sales on SuperRare this week. The Journey So Far was collected by diegorst for 6 ETH and Azure Surveillance collected by crispyone for 3.993 ETH. Azure Surveillance is a 1/1 dynamic artwork that features multiple aspect ratios within a single token, selectable via Transient Labs’ Doppelgänger contract.
EDITIONS & GENERATIVE ART
Station3 Patron NFTs (artwork by Grant Yun, edition of 1,000) were sold out at minting price of 0.88 ETH. The $1.42m raised will help fund workplace grants given to Web3 teams, builders, developers and artists at Station3.
Yamabushi's Horizons by Richard Nadler (collection size: 128) dropped on verse on July 11 through ranked-rebate auction. Over 669 bids made in total with the lowest winning bid at $1,069. Generated through a custom AI model, Yamabushi's Horizons landscapes and strokes of generative-like art act as visual metaphors, reflecting the profound wisdom of Yamabushi and empowering us to harness our inner strength and nurture resilience.
Terraforms by Mathcastles had 240 ETH (+47%) trading volume this week. This collection of 9,910 animated NFTs is billed as “on-chain land art from a dynamically generated on-chain 3D world." The project features unique mechanics like degradation and complex world building. According to a recent thread, as a dynamic & live-running EVM/runtime object/World Computer Art, Terraforms by Mathcastles is “steady on a quest to transform conceptions around computing & art, starting from the cryptoscene. Seeking to make world class, culture redefining work.”
📚 Recommended reading: “Runtime Art” by FLAMINGODAO.
Bryan Brinkman launched his newest collection Stored Memories with Unit London. The solo exhibition (12 July - 8 August) showcases three new digital works ranging between 0.18 and 0.404 ETH. One of the works is a phygital release comprising of an NFT animation with 50 unique hand-signed prints, each corresponding to a different frame of the animation. Learn more here.
Fidenza #639 was collected for 80 ETH.
DROPPING NEXT WEEK
Sotheby’s sale GRAILS PART III: 17 works from former 3AC collection including Seerlight, Pop Wonder, Alpha Centauri Kid, Tyler Hobbs, Kjetil Golid, Dmitri Cherniak, Matt DesLauriers & more, closes on July 19.
July 18, 10am – July 25, 12pm EST
Christie’s 3.0 presents Future Frequencies: Explorations in Generative Art and Fashion in collaboration with Gucci. This fully on-chain auction showcases many of today’s leading talents, such as Claire Silver, Tyler Hobbs, Emily Xie, Botto, William Mapan, Zach Lieberman and other innovators in the digital art space. With a focus on the interplay between autonomous systems and fashion, these digital artists create a fusion of disparate ecosystems by overlaying the industrial field of garment design and production onto the worlds of generative art and AI, which employ algorithms, modeling and data to simulate human-like intelligence and artistic output.
SECONDARY MARKET STEALS ON SUPERRARE
12 artworks from AlexHsu’s collection are listed on SuperRare’s secondary with great prices; artists include Terrell Jones, pho, tjo, c3naa, gelo & more.