02/07/2021 Latest Major NFT Auctions Test Buyers’ Price Ceilings For History & Art

Latest Major NFT Auctions Test Buyers’ Price Ceilings For History & Art 101
A fragment of Year 2, Age 15 - My Mama's Dream by FEWOCiOUS. Source: A screenshot, onlineonly.christies.com 

The non-fungible token (NFT) market has experienced a rollercoaster over the past year, and the latest major deals show how buyers strive to put a value on different types of digital art. Artwork by a budding artist can fetch USD 2.16m, while source code by an acclaimed inventor can reach USD 5.4m, as demonstrated by the latest auctions. 

At a recent Sotheby’s auction, an NFT minted on June 15 and containing source code developed by Tim Berners-Lee, the inventor of the World Wide Web (WWW), was sold for close to USD 5.4m, attracting 51 bids. 

The work includes an original “archive of dated and time-stamped files containing the source code [for the WWW], written between 3 October 1990 and 24 August 1991. These files contain code with approximately 9,555 lines, the contents of which include implementations of the three languages and protocols invented by Sir Tim,” the auction house said.

A second NFT auction to attract major spenders was recently hosted by Christie’s, featuring artwork by transgender artist FEWOCiOUS, an 18-year-old crypto art surrealist whose five art pieces were sold for a total of USD 2.16m.

“Through five new digital pieces and physical paintings, as well as an archive of his earliest never-before-seen drawings from each year, FEWOCiOUS’ new defining series will capture each formative year of his growth from age 14 to 18 as a young transgender artist in the digital era,” Christie’s described the collection. 

“Each of FEWOCiOUS’ five new 1/1 NFT auction pieces and paintings captures a year of his growth and the transformation of both his artwork and his inspiring journey from Las Vegas to Seattle, and from Victoria to Victor Langlois," they added.

One of the five pieces was picked up by Tron (TRX) founder and avid NFT art collector Justin Sun for around USD 440,000. 



Interesting NFTs
By OthersideDeployer
Chromie Squiggle #6339
Simple and easily identifiable, each squiggle embodies the soul of the Art Blocks platform. Consider each my personal signature as an artist, developer, and tinkerer. Public minting of the Chromie Squiggle is permanently paused. They are now reserved for manual distribution to collectors and community members over a longer period of time. Please visit OpenSea to explore Squiggles available on the secondary market.
No Surprises #244
No Surprises #244
conceptual art. drawing and digitally processed.
Beautiful Worlds
Welcome to the ‘Beautiful worlds’ where nature and technology have merged into a single entity. These are Ai generated and hand finished visions of solarpunk future in which I would really like our future generations to live and prosper: the future we might have if we took the very “alternative route” which now lies before us: replacing states and corporations which free federations of communities and cooperatives, using decentralist and ecological technologies to create a world beyond economic scarcity and social hierarchy, defined by autonomy, mutual aid, diversity, and inclusiveness. The long-term goals of solarpunk are freedom and well-being for all by adopting and developing such ecological technologies as: solar, wind, wave and geothermal energy rather than oil or gas to generate electricity; a world of decentralized eco-cities, permaculture and vertical farming, free and open-source software, open-source hardware, small-scale fabrication laboratories, micro-manufacturing, 3D-printing, and countless examples of commons-based peer-production online: meeting the maximum amount of needs, in the shortest time, using the minimum possible amount of energy. It’s a world of decentralized and confederated eco-communities, using technology for human-centric and eco-centric ends rather than for accumulating power and profit – mending the metabolic rift between first nature (the natural world) and second nature (human culture) – and where social hierarchies of race, gender, sexuality, and disability are considered horror stories from the past “oil age”. Solarpunk desires societies of polycultural ethnic diversity and gender liberation, where each person is able to actualize themselves in societal environment of free experimentation and communal caring; This philosophy proposes that in order for the social and natural worlds to reconcile, humans must first transform their relations to each other – recreating society along egalitarian, cooperative, and democratic lines – and then transform their relations towards nature – adopting an attitude to cooperation, rather than domination, towards the planet and its nonhuman forms of life. Text by Connor Owens. This artwork took me a year to create and for you it will take a year to discover. Master autonomously updates once a day at 12am with one of 366 original artworks. Enjoy!