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Art Market Report - May 7

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A weekly report on the NFT Art Market, covering 1/1s, generative art, editions and other important news.
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Art Market Report - May 7

A weekly report on the NFT Art Market, covering 1/1s, editions and other important news.

an
May 8, 2023
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Art Market Report - May 7

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1/1s

  • D I S O R D E R by XCOPY was collected by Curated for 196.15 ETH on SuperRare’s secondary market. See Curated’s full XCOPY collection here.

D I S O R D E R by XCOPY
  • Drift had 2 secondary sales on SuperRare this week. Eyes On The Empire was collected for 9.9 ETH and A home for my Ancestors for 10.2 ETH.

  • Botto had 2 sales on SuperRare this week. Removing Wilting Pieces was collected by metagirl for 4.62 ETH and Portraying Divided Consumption collected by pepe for 6.069 ETH.

  • A. L. Crego had 3 sales on SuperRare this week, all sold to the same collector CryptopolitanG, a total of 10.5 ETH.

  • Amazonian Dream by ARCHAN NAIR was collected by Brian for 9.5 ETH on SuperRare’s secondary market.

  • Roomscape 03 by MiraRuido was collected by countertrade for 7 ETH on SuperRare.

  • Dreamcatcher by Artur Falcão was collected by ETH Nick for 5 ETH on SuperRare.

  • Afraid by Haru Komoda was collected by Billy11111 for 5 ETH on SuperRare.

Afraid by Haru Komoda
  • Underpass by Brooke DiDonato was collected by daver for 4.5 ETH on SuperRare.

  • Ethiopia - Lake Ziway by joeyL was collected by GUPPY NFT for 4.069 ETH on Foundation.

Editions

  • The Eye of Exodus from the collection Skulls of Luci by Sam Spratt was collected by DeeZe for 62 ETH.

  • Generations, a collection by the creator of $TURBO Rhett Mankind, had over 27 ETH sales on Foundation this week.

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Generations by Mankind

Matt Kane, an OG crypto artist and the first NFT collector of Mankind three years ago, wrote a great thread about the artist behind the meme coin:

…as someone that's paid attention to Rhett as an artist for 3 years, $TURBO tracks with Rhett's development as he increasingly experiments with new styles & different ways to engage and interact between technology and community. (read more here)

  • Other World dropped new collection Experiments to SuperRare RarePass holders. A layer-by-layer generative art project, Experiments explores five different approaches to creating generative art, each with its own unique set of assets. This is Other World’s first project of this kind and magnitude. Read more about the project here.

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Experiments by Other World
  • Misalignment by A-Mashiro for Bright Moments Tokyo 2023 was minted out on Foundation - 100 NFTs collected by 55 collectors for 10.0 ETH total.

Misalignment by A-Mashiro

Other big news

  • Sotheby’s Launches Secondary NFT Marketplace. The peer-to-peer marketplace will feature fully on-chain sales showcasing a rotating selection of high-profile Web3 artists curated by Sotheby’s specialists. All transactions will take place on the Ethereum and Polygon networks. To inaugurate the marketplace’s launch, Sotheby’s is offering collectors a chance to buy and list works by 13 Web3-defining artists, including Tyler Hobbs, XCOPY, Claire Silver, Diana Sinclair, Sam Spratt, Pindar Van Arman, and more.

Tweet from Michael Bouhanna, VP, Head of Digital Art and NFTs & Contemporary Art Specialist @Sotheby’s
  • XCOPY launched his website: xcopy.art, where you can find all the information and mints by the artists.

Coming Next Week

  • The Broken Keys piano collection by Alpha Centauri Kid.

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The Broken Keys piano collection by Alpha Centauri Kid
  • Midwest by Grant Riven Yun will be auctioned during Christie's Post-War & Contemporary Art Day Sale on May 12.

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Midwest by Grant Riven Yun, signed print

Lines and Colors: Illustrating the Imagination

Melancholy Hill by Jordan Devant

From the whimsical and fantastical to the gritty and realistic, the featured illustrations highlight the versatility of this art form. Each artist brings their unique vision and style to their illustrations as a valuable and dynamic form of art. These artworks also demonstrate the power of visual storytelling. The use of composition, color, and character design transports us to different worlds and invite us to engage with complex narratives. Through this carefully curated selection of works, exhibition Lines and Colors: Illustrating the Imagination curated by anloremi (aka me) aims to showcase the vast and diverse world of illustration and its role in the broader art world: as a powerful and complex form of visual storytelling that can engage audiences of all ages and backgrounds.

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Art Market Report - May 7

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