Art Market Report - May 21
Art Market Report - May 21
A weekly report on the NFT Art Market, covering 1/1s, editions and other important news.
Sotheby’s GRAILS Sale
$2,440,000 was realized during the GRAILS kick off sale that included 7 lots coming from the former 3AC portfolio.
Tyler Hobbs’ Fidenza #725 has sold for $1,016,000, 5 times the high estimate.
Larva Labs’ Autoglyph #187 has sold for $571,500.
Tyler Hobbs’ Fidenza #861 has sold for $241,300.
0xDEAFBEEF’s Series 1: Angular - Token 134 has sold for $241,300.
Dmitri Cherniak’s Ringers #194 has sold for $152,400.
Dmitri Cherniak’s Ringers #375 has sold for $95,250.
1/1s
XCOPY 05 by XCOPY was collected by Artifaction for 45 ETH. The piece was previously sold in July 2020 for 1 ETH. Pixelchain, where XCOPY minted 14 pieces in total, is the first decentralized app that allows users to create 32x32 pixel art and store it 100% on-chain.
1-of-3 Physical Silkscreen Print, The Muse - Vivid Sky by Alpha Centauri Kid was collected by gGFunk for 42,069 USDC.
AI-generated How Was Your Day? by Roope Rainisto was collected by FLAMINGODAO for 5 ETH on SuperRare. In the same week, Post Real 016: Sex Sells from the artist’s Post Real collection, was collected by Kutoa Capital for 2.85 ETH on Foundation.
Upturned Mirage Communing by Botto was collected for 6.69 ETH on SuperRare.
Rat Race by OG Bitcoin artist Lucho Poletti was collected by FlyingBeagle for 6 ETH on SuperRare.
FUNERAL by KING XEROX was collected by GenXDegen for 5.94 ETH on SuperRare.
Editions
Autoglyph #376 was collected by OSF for 155 ETH. OSF tweeted a great thread about where he has spent the money and why, after he and Mando sold all their apes. “I do still believe we are at the beginning of a ‘digital renaissance’”, OSF wrote in the thread.
Andrea Chiampo did a surprise 24 hour Open Edition of his work CONSCIENTIA MEA, unconventionally priced at 1 ETH each. A total of 16 editions were minted.
Forms Unleashed: Abstract Visions and Imagination
Abstract art is an ethereal realm where emotions materialize through strokes and colors. Forms Unleashed: Abstract Visions and Imagination curated by anloremi / me invites viewers to embark on a personal journey, transcending boundaries and exploring the profound. Through intentional choices and spontaneous gestures, each artist featured in the the exhibition strikes a delicate balance, creating a visual symphony that sparks connections. Each piece acts as a visual poem, evoking curiosity, wonder, and introspection. Within the layers and compositions, we find solace, inspiration, a celebration of the enigmatic and vibrant portraits of the soul.
...wallet transform in a starship....