Art Market Report - July 30
A weekly report on the NFT Art Market, covering 1/1s, generative art, editions and other important news.
Future Frequencies: Explorations in Generative Art and Fashion @ Christie’s 3.0
Here are the top 6 sales:
Bestiaire: Flamant Rose by William Mapan was collected by VincentVanDough for 15.069 ETH.
Suffice Nuance by Botto was collected for 13.69 ETH.
Pattern.dst by Luke Shannon was collected for 12.1 ETH.
Painted Desert: The Prickly Pear Dreams by Helena Sarin was collected by 6529 Fund for 12 ETH.
Circle Interference Study (Sunrise) by Zach Lieberman was collected for 8 ETH.
Thread Effects in Blue by Emily Xie was collected by raphael for 8 ETH.
1/1s
Legend by PAK was collected by WhaleShark for 88.88 ETH on SuperRare’s secondary market.
Cheap Problems by omentejovem was collected by Flannel Capital for 15 ETH on AOTM.
Birth by Zhuk was collected by Anchor Drops for 10 ETH on AOTM.
Derech had 2 sales on SuperRare this week. Serenity | 安らぎ was collected by Kevin Rose for 4.5 ETH. Frozen Bloom | 凍てつく花咲 collected by k4kxxx for 5 ETH on the secondary market. The piece was previously sold for 3 ETH in April this year.
Eclectic Social Maniacs by Botto was collected by tedmirchu for 8.48 ETH on SuperRare.
NGMI by XCOPY received a 1-year loan for 130 ETH on NFTfi. A first-of-a-kind loan in the 1/1 NFT art lending space.
GENERATIVE ART & EDITIONS
Themes and Variations by Vera Molnár, in Collaboration with Martin Grasser, was minted out on Sotheby’s on July 26th. 500 editions were offered through dutch auction started at 20 ETH and minted out around 1 ETH. The floor is currently at 4.6 ETH, reaching 983 ETH trading volume in the past 5 days.
Fun fact: Martin Grasser was one of the designers that designed Twitter’s original blue bird logo, which was retired last Sunday. Learn more here.
Autoglyph #346 was collected for 199 ETH. It was previously sold for 58 ETH in March 2021.
Fidenza #287 was collected for 80 ETH.
POLITICS IS BULLSHIT #99/100 by beeple was collected for 60 ETH. In other news, Beeple’s $29 M sculpture Human One will be exhibited in the US for first time at Crystal Bridges. Learn more here.
Noble Gallery (Small Batch Editions by iconic crypto artists crafting the digital renaissance) founded by Artifaction² in May 2022, passed 3,000 ETH total volume on OpenSea this week. 🎉
COMING NEXT WEEK
July 31
What The Font (Edition of 50) by DeeKay will be raffled off to current DeeKay edition & 1/1 holders. Registration by July 31. Mint date: August 1.
404 August 2023 Art Catalog (a monthly decentralized, on-chain and platform agnostic art exhibition hosted on joynxyz) opens to one submission per person. Patrick Amadon along with 10 other collectors will acquire $3,500 of submitted art each. Closes on July 31 midnight PST.
August 1
postcards | 008 by mae. Open edition at 0.05 ETH.
August 3
ROLLS by Dave Krugman begins with 10 tokens to be auctioned off in sequence on SuperRare. Each token is a placeholder that corresponds to one frame on one unshot roll of film. Once the ROLL is completed, token metadata will “develop” and will be updated with the final art- high resolution film scans.
📚 Recommended reading: “The Bull case for Digital Art” by SuzanneNFTs.