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Art Market Report - July 23
A weekly report on the NFT Art Market, covering 1/1s, generative art, editions and other important news.
Sotheby’s GRAILS PART III
GRAILS PART III achieved close to $1.2M across 17 lots. Here are the top 5 sales:
Tyler Hobbs Fidenza #290 was collected for $279,400.
Tyler Hobbs Fidenza #203 was collected for $241,300.
Dmitri Cherniak Ringers #502 was collected for $152,400.
Dmitri Cherniak Ringers #978 was collected for $139,700.
Seerlight Lantern Festival was collected for $76,200.
Helena Sarin had 2 secondary sales on SuperRare this week. Russian Avant-GANrde: Bold, Beautiful and Doomed was collected by Le Random for 10.3 ETH, which was previously sold for 5 ETH in August 2021. Towards the Spring Disentanglement was collected by angeleno for 9 ETH, previously sold for 3.5 ETH in June 2020.
EDITIONS & GENERATIVE ART
prohibition.art, an open platform for on-chain generative art NFTs, built on Art Blocks Engine and deployed on Arbitrum, was launched for everyone on July 18th with a lineup of 11 artists dropping over 2 weeks.
Open Eyes (Flower) by Jake Fried, edition of 20, is available for $4,541 by draw on Avant Arte. Each print is paired with an NFT of the same artwork. Draw entry closes on Tuesday 25, July – 09:00 EDT.