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
Alex in Wonderland
A figure, Alex, stands mostly naked in the midst of a physical and psychological maelstrom. He is clad only in nostalgic 80’s era socks, on a tenuous island between active waters and a variety of shark denizens. Sharks on the right side of the image are all beached, including a shark with a quartz crystal snout, an orange shark wrapped in a life buoy, and a shark further in the distance wearing an 80’s style shirt with the number “88”. On the left side is the largest shark, wearing bright glossy red lipstick and brandishing prominent teeth with braces. She is cordoned off from the figure by a roped float divider, and within her thought bubble is a warning symbol. Behind the figure, hovering in the air, are Grey aliens emerging from the distance, out of a series of elliptical UFO shaped interdimensional membranes. The Greys take on the visual form of spermazoa ostensibly impregnating the interdimensional thresholds. As is typical, these Greys inhabit a zone just behind the unconscious topology of Alex’s dissociative mind. Though Alex’s bottom half is representative, his top half mutates into a psychological cornucopia. In a manner akin to “Auto-Erotic Sphinx”, a predecessor work, the figure has self suctioned—an act of sensual infatuation, enjoyment, and exploration. Upward exists the figure’s primary conscious eye, adorned with a revolutionary beret emblazoned with a Bitcoin badge. The figure’s summit features the nose of a fighter jet facing off against video game Bullet Bills, one of whom is marked by a communist North Korean star. A cropped section of a UFO observes the contest. Alex’s mind branches both left and right. To the left is more singular embodied consciousness, manifesting two eyes and a Ganesh trunk grasping crayons. The right branch dissociates upward diagonally, emerging into an array of eyes, faces, teeth, tail, a unicorn horn, and much more—all of which participate in expressing his unconscious being; a democracy of psychic factions representing thought impressions and associations. All illumination and darkness– fernal, infernal, high consciousness and corporeal underbelly–reside in this realm. In the distance are relatively languid, light clouds, and against the firmament hovers a colossal distant eye peering over the scene and far beyond. This painting possesses underlying genetic traits with previous works such as “Auto-Erotic Sphinx with Toys”, “Dionysus”, and “Fuku-Shiva”. The work serves also as a nod to an earlier period of art inspiration during late teens and early twenties— born out of the nakedness, vulnerability, curiosity, and wonder inherent to coming of age and all subsequent psychedelic revelation.
The River Plate Machine
Digital illustration for the cover of These Football Times magazine in its issue dedicated to the Argentine football team "Club Atlético River Plate". Original from 2020. For this cover I have created a complex machine that links all the generations and legends of the club with its great shield and emblem crowning the center as the heart of the fantasy machinery. Full of details and ornaments this is a highly detailed work. An authentic trip to the history of River through the imagination and the colors of the club. The most significant titles of the club are also included, such as the Libertadores Cup, the famous Intercontinental and the new Super Liga and the Argentine Cup in its newest cup design. If you see a hen, don't be surprised, it is the nickname that its fans give themselves, and they like it. ----- https://javierarres.com/about.html
Punk #61
Inscription #587
#10134
By OthersideDeployer
Crypto Toy Coin
This piece represents the creation of a new "Visual Toy", a term created by me to encompass my unique and exclusive GIF-Arts. The latter, "Crypto Toy Coin" is the only and first in the cryptocurrency theme. In it I represent the fast-paced world of finance in the virtual environment, the Internet with its universe of colors and infinite visual impact, an optimistic and exciting future, a world of possibilities that opens before us. These "Visual Toys" invite you to imagine, that is their function, that is the game. The ultimate goal is that you imagine, that it is you who gives it meaning. There are no good or bad answers, just the projection of each one. I've only created the trigger, the piece where you can project your imagination and let it fly.