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Art Market Report - July 2
A weekly report on the NFT Art Market, covering 1/1s, generative art, editions and other important news.
Christie’s “Cartography of the Soul”
Curated with 1OF1, Christie’s sale Cartography of the Soul, an on-chain digital art auction featuring a group of artworks donated by visionary artists to benefit MAPS, closed on June 27. Here are the top 5 selling artworks:
…My next chapter is a game of sorts. An intricately designed but simple system that connects my 1/1s and their story, my community and Council: The Skulls of Luci, and now, a wider circle of Players. One component of this will be my very first editioned work of 256. The piece I donated to Christie’s x MAPS this year: “IOU one edition of 256” is quite literal, it is an IOU for the first edition of my first edition of 256. A ticket for things to come…
Avant Arte announced in partnership with Cozomo de’ Medici, a curated program of artist collaborations, each with limited physical editions launching this year. The partnership marries leading digital artists from the Medici collection with Avant Arte’s expertise in print-making and editions, supporting them to explore new physical mediums. Artists include: Jake Fried, Monica Rizzolli, ACK, William Mapan, Ripcache, Dawnia Darkstone, Luis Ponce.
Avant Arte’s second print collaboration with Grant Yun, Fall (edition of 35) were sold out at the price of $5,571 each. Each print is paired with an NFT of the same artwork. Secondary sales of the NFTs have been in the $9500-$10000 range. Grant's 1/1 Park (a large-scale 1/1 print with corresponding NFT) has also been acquired by Assassin for 50 ETH.
fxhash announced fxhash 2.0, which will empower creators with the freedom to choose between Tezos & Ethereum, along with on-chain minting for both.
Sotheby's introduced Gen Art Program fueled by the innovative ArtBlocks Engine, kicking off with pioneering artist Vera Molnár. Sotheby's Gen Art program aims to bring to market some of the most talented and respected generative artists with exclusive new sales. The program will be highly curated and focused on spotlighting up to three artists a year to showcase long form Generative Art as a new medium that is taking a central place in the overall digital art movement.