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Renowned auction house Sotheby’s is hosting its Digital Art Day Sale—a significant event dedicated to the auctioning of NFTs—running from August 15 to 22.
This week-long sale highlights the intersection of art and technology, offering collectors an opportunity to acquire unique digital artworks that are shaping the future of the art market.
The auction is designed to appeal to both newcomers and seasoned collectors, presenting a diverse array of digital art forms that reflect various movements within the contemporary digital art landscape and pays tribute to pioneering women artists who have played a crucial role in the evolution of digital art.
Source: Sotheby’s
One of the standout pieces in this auction is CryptoPunk #491 created by Larva Labs.
Launched in 2017, CryptoPunks are considered one of the earliest and most influential NFT projects, with each of the 10,000 unique characters being algorithmically generated and stored on the Ethereum blockchain.
CryptoPunk #491, a digital character from this series, is currently up for bidding with an estimate ranging from $70,000 to $100,000. As of writing, the bidding has reached $48,000.
This auction follows previous high-profile sales of CryptoPunks, including the notable sale of CryptoPunk #7523, which fetched $11.8 million at a Sotheby’s auction in 2021.
Source: Sotheby’s
Another highlight of the sale is a work by Beeple, the digital artist who gained widespread recognition with his NFT “Everydays: The First 5000 Days,” which sold for a record-breaking $69.3 million in 2021.
Beeple’s latest piece, “MOTHER OF EVOLUTION,” created in collaboration with Madonna, is a key attraction at this auction. The bidding for this work has already reached $70,000, with expectations estimated between $80,000 and $120,000.
Beeple’s contributions to digital art have been transformative and often explores themes at the intersection of technology and creativity, making him a central figure in the ongoing digital art revolution.
Source: Sotheby’s
The Digital Art Day Sale also places a strong emphasis on generative art—a field that combines artistic expression with algorithmic processes.
Works by artists such as Tyler Hobbs, including “Fidenza #795” and “Fidenza #859,” are featured in the auction, showcasing the innovative potential of generative art.
In addition, the sale honors the contributions of pioneering women in digital art. Artists like Vera Molnar, who has been a significant influence in the digital art space, are highlighted, celebrating their impact on the industry and their role in advancing digital creativity.
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This week-long sale highlights the intersection of art and technology, offering collectors an opportunity to acquire unique digital artworks that are shaping the future of the art market.
The auction is designed to appeal to both newcomers and seasoned collectors, presenting a diverse array of digital art forms that reflect various movements within the contemporary digital art landscape and pays tribute to pioneering women artists who have played a crucial role in the evolution of digital art.
Source: Sotheby’s
CryptoPunk #491 Among the Featured Lots
One of the standout pieces in this auction is CryptoPunk #491 created by Larva Labs.
Launched in 2017, CryptoPunks are considered one of the earliest and most influential NFT projects, with each of the 10,000 unique characters being algorithmically generated and stored on the Ethereum blockchain.
CryptoPunk #491, a digital character from this series, is currently up for bidding with an estimate ranging from $70,000 to $100,000. As of writing, the bidding has reached $48,000.
This auction follows previous high-profile sales of CryptoPunks, including the notable sale of CryptoPunk #7523, which fetched $11.8 million at a Sotheby’s auction in 2021.
Source: Sotheby’s
Beeple’s Continued Impact on the Digital Art Scene
Another highlight of the sale is a work by Beeple, the digital artist who gained widespread recognition with his NFT “Everydays: The First 5000 Days,” which sold for a record-breaking $69.3 million in 2021.
Beeple’s latest piece, “MOTHER OF EVOLUTION,” created in collaboration with Madonna, is a key attraction at this auction. The bidding for this work has already reached $70,000, with expectations estimated between $80,000 and $120,000.
Beeple’s contributions to digital art have been transformative and often explores themes at the intersection of technology and creativity, making him a central figure in the ongoing digital art revolution.
Source: Sotheby’s
Exploring Generative Art and Honoring Women Innovators
The Digital Art Day Sale also places a strong emphasis on generative art—a field that combines artistic expression with algorithmic processes.
Works by artists such as Tyler Hobbs, including “Fidenza #795” and “Fidenza #859,” are featured in the auction, showcasing the innovative potential of generative art.
In addition, the sale honors the contributions of pioneering women in digital art. Artists like Vera Molnar, who has been a significant influence in the digital art space, are highlighted, celebrating their impact on the industry and their role in advancing digital creativity.
Source link
The post Sotheby’s Digital Art Day Sale Features CryptoPunk and Beeple NFTs appeared first on Panther AI.
Continue reading...