24 HOURS OF ART
Digital Art Headlines, Market Highlights and Analysis from October 3rd - 4th
Screaming Squiggles
Art Blocks Chromie Squiggle /10k by Snowfro see 7 sales for 89.9 ETH, floor: 9.75 ETH. 12 color spread 26 ETH sale and 5 color spread 17 ETH sale to Curated.
Contractually Obligated
What does it mean to own a Matt Kane?
Artist releases Contractual Obligations /250 to SuperRare RarePass holders, collection sees 34 ETH volume, floor: 3.4 ETH. Sparks polarizing debate and X Spaces highlighted by Kane and Pindar Van Arman commentaries.
“The artist kindly requests that you remain seated though you are free to choose for yourself and that's very important."
Sotheby’s Closes
Sotheby’s NY auctions results:
Where My Vans Go #9 by Drift: $27,940
Elevated Deconstructions #75 by luxpris: $16,510
Peg 020 by Matt Furie: $15,240
Archetype #513 by Kjetil Golid: $12,700
Construction Token #164 by Jeff Davis: $6,985
AOTM Opens
Ephemeral Visions: Exploring Transience through Art launches via AOTM Gallery, features 18 artists, auctions close Thursday 10am EDT.
Early Highlights:
GODMODE by Xer0x: 3.5 ETH bid
fear by zero X: 1.75 ETH bid
Cycle by Bryan Brinkman: 1.69 ETH bid
The Edge by Cem Hasimi: 1.659 ETH bid
Between Rain and Sun by Laura El: 1.5 ETH bid
Headline Roundup
MoMA: Postcard First 15 artist concepts revealed, collaborative phase upcoming
PePE: VVD parodies MoMA after postcards not ready for collecting
Saatchi: Long Live London - First Saatchi NFT Art Show launches
1/1: Highlights
Raise A Glass Or Two by Rebecca Rose: 1.172 ETH to leftclickbuy
MESCALITO by CryptoGeometry: 1 ETH to Sith
Metageist - The Veil: $1,250 to familyoffice
LIVE (FND) - textile vibe by zach lieberman: 0.50 ETH bid, ends Thurs 5:10pm EDT
1/1/X: Highlights
Twelvefold /300 by Yuga Labs: 0.9171 BTC
AB Gazers /1k by Matt Kane: 12 WETH
AB Meridian /1k by Matt DesLauriers: 6.95 ETH to jwpe
Winds of Yawanawa /1k by Refik Anadol: 6.9 & 6.6 WETH
Themes and Variations /499 by Vera Molnár: 4.85 & 3.3 ETH
BrainDrops Life In West America /500 by Roope Rainisto: 4.5 WETH
AB Memories of Qilin /1,024 by Emily Xie: Seedphrase sells 3 - 3.72, 3.45 & 3.45 WETH
Synthetic Dreams /1k by Refik Anadol: 1.89 & 1.89 WETH
Damien Hirst - The Currency /1,950: 1.8 & 1.8 WETH
Pursuit /200 by Per Kristian Stoveland: 1.19 ETH to jessebloom
Edition: Highlights
RarePass: Genesis /250 by SuperRare: 6.6 ETH & 5.78 WETH
The Memes by 6529: Sgt. Pepe /420 by Arsonic: 2.6 WETH to Ruskin1819
Afterburn /870 by XCOPY: 2.1 & 1.8 WETH
The Memes by 6529: DALL-E’s Revenge /420 by ACK: 0.50 WETH
The Memes by 6529: Don’t Trust, Check. /360 by Jack Butcher: 0.45 WETH to COVVBOY
MAX PAIN /7,394 by XCOPY: Hustle_Jugaad sweeps 4 for 1.1565 ETH
The Road Ahead /1,299 by Grant Yun: 0.14 WETH to Varano
Mad Cans (5 Cans Set) - Volume 6 /30 by GREG MIKE: $450 to trialsleet
Closing Thoughts
Controversy, controversy, controversy. It spread like wildfire around the Matt Kane SuperRare release and VVD trolling the MoMA (twice actually, including finding then airdropping NFTs to the MoMA wallet). Ultimately these debates should end in a productive place.
What appears like a slow 1/1 volume day is elevated by the 18 going live via AOTM Gallery with early strong highlights and Drift closing solidly at Sotheby’s. Ditto 1/1X with muted volume picked up by the Sotheby’s closes.
SuperRare RarePasses take an expected step back after Matt Kane’s delivery. Squiggles Squiggle. Memories of Qilin by Emily Xie sees 2 day competing sweeps and sales via Bob Loukas and Seedphrase.
Lots going on - enjoy!