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. 

Arts

https://cryptonews.com/news/latest-major-nft-auctions-test-buyers-price-ceilings-for-his-10896.htm

Interesting NFTs
Michael Jordan - Crown Collection
“All you needed was one little match to start that whole fire.”- Michael Jordan. In regards to both the action on the court and everything that happened off of it, Jordan provided a spark that changed the future in so many different ways throughout his tenure in Chicago, and even decades after the fact. And, in the end, he got everything that he wanted when he began his NBA journey: he turned the team and organization as a whole into a respected program, like the dynasties he looked up to as a child. Having steered the Chicago Bulls to an incredible six championship rings in eight years from 1991-1998, scooping up five MVP awards in the process, Jordan is one of just a handful of superstars who have truly transcended their sports. Jordan and Scottie Pippen’s (right) relationship both on and off the pitch was arguably the foundation of the Bulls’ incredible success. Scottie Pippen was present with Jordan for all six championships in eight seasons. Dennis Rodman (left) His relentless and smart play perfectly suited what Jordan and Jackson wanted to do to take the Bulls to greater heights. Although his exploits off the court earned him special fame, Rodman was unquestionably one of the greatest basketball players of his generation and one of the finest defensive players in the history of the game.
Brave Samurai
This is the second collaborative piece that I have created with the very talented Dutch artist, @eattheart23. Here, a samurai warrior stands guard, honour bound to protect his master even to the death.
Gif Punks Yacht Club #481
Gif Punks Yacht Club, collectible NFTs inspired by OG Crypto Punks and combined with a unique Pop Art vibe - Only 500 different Punks will be available. Supply for each Punks: 1/1. These cool collectible gifs change color like stars. The stars, normally in colors between blue and red, appear more colorful to us with the effect of the atmosphere. We love science, nature and the universe.
Cypher::Prophet
Cypher::Prophet is an artwork dedicated to the punk origins of blockchain designed and realized by hackatao and hex6c. In the transposition into images we started from the iconographic canons of the hacker (hoodie, laptop, cryptographic elements) and associated them with the figure of the prophet, thus highlighting the predictive nature of the works of Eric Hughes (Cypherpunk Manifesto, 1988) and Timothy C. May (Crypto Anarchist Manifesto, 1993) as well as of the blockchain inventors Stuart Haber and Scott Stornetta (How to Time-Stamp a Digital Document, The Journal of Cryptography, 1991). Read the full story on https://medium.com/@hex6c/cypher-prophet-the-punk-origins-of-blockchain-1e8fce311e72
O-iwa-san, poisoned by her unfaithful husband who she thereafter haunted, from the series One Hundred Ghost Tales
Katsushika Hokusai (1760-1849) O-iwa-san, poisoned by her unfaithful husband who she thereafter haunted, from the series One Hundred Ghost Tales 1833 - Japan