24 HOURS OF ART: Friday Highlights

Digital Art Headlines, Market Highlights, and Analysis from 5/23 - 5/24

May 24, 2024

‘FUSION’ by Billy Restey and Gabe Weis concludes its Phase I and mints 1,835 for 0.002 BTC each and 3.67 BTC total.

The collection is “generated from recursive fractions of Gabe's paintings imbued with the rare sat they are inscribed on––using sat endpoints ran through Billy Restey’s latest algorithm”.

Via Billy Restey:
”it's been an absolute honor to work with [Gabe Weis] on FUSION—immortalizing his physical paintings on Bitcoin forever while creating something innovative and new on-chain.”

Monetary Message

‘The Bitcoin Movement’ by Lucho Poletti completes two edition auctions via Nifty Gateway:

Forward /21: $11,006 total
Uprising /21: $10,442 total

Via Lucho Poletti:
”The overarching theme of my art is to spread the message that ‘bitcoin is better money’. In other words, there are serious problems with the fiat monetary system, and I see Bitcoin as the best solution to those problems. That’s what my art is all about.”

Meaty Move

A trade is in between artist Die With The Most Likes and WCC, with two Chromie Squiggles - #9807 and #9804 - sent to DWTML and 1/1 artwork ‘flesh jacuzzi’ sent to WCC.

Via WCC:
”We did our best pawn stars impression, safely brokering a trade to have Die join the legendary Squiggle community.”

Via Die With The Most Likes:
”traded a dear piece of mine ‘flesh jacuzzi,’ to the god of soaking red beard and his bathers at WCC. having gotten to know [Snowfro] over the past few years, feels fucking awesome to finally hoard a few of these bastards.”

Collection: Highlights

Terraforms /9,911 by Mathcastles: 15.5 ETH volume, list: 0.75 ETH
Opepen Edition /16k by Jack Butcher: 9.43 ETH volume, list: 0.11 ETH
One More Day /50 (Art Blocks Studio) by Aaron Penne: Mints out for 0.1 ETH each, 5 ETH total
LIVE (BrainDrops) - Climbing Through My Brain by Pop Punk
LIVE (Daily xyz) - The Vault of Wonders: Chapter 1 - The Abyssal Unseen by Boldtron: 692/1k minted, 2:00pm EST Dutch auction for remainder
LIVE (Tribul) - Inflection by Artemis, curated by SuzanneNFTs
LIVE (Verse) - Vacation by Roope Rainisto
INCOMING (Foundation & Highlight) - Derivatives by Genie with Alienqueen, Dangiuz, Defaced, Grant Yun, Jake Fried, Lucrece, OSF, Timpers and XCOPY
INCOMING (Foundation) - The Medicis by Nuclear Samurai
INCOMING (The Memes by 6529) - AN INEFFABLE AUCTION by ANDRÉS DEL VECCHIO

1/1: Highlights

Let me go. by Giant Swan: 1.5 ETH to rent55
the studio by Rutger van der Tas: 0.88 ETH to crash2
It May Be Glamour, by Nearbound: 0.69 ETH to wapshop
PRIVATE ROOM by DarkMarkArt: 0.44 ETH to rubbertoe
LIVE (Sotheby’s) - 1 of 1 by Jack Butcher: 12,000 USD bid, ends Wed 2:03pm EST
LIVE (SuperRare) - Mirages of Architectural Captivity by Botto: 2.69 ETH bid, ends 4:00pm EST
LIVE (SuperRare) - a deal is a deal by Caravaggio: 0.69 ETH bid, ends 10:25am EST
LIVE (AOTM) - Falling Ashes by Drift: 0.69 ETH bid, ends 1:00pm EST
LIVE (AOTM) - Ups and Downs by Omentejovem: 0.42 ETH bid, ends 11:30am EST

1/1/X: Highlights

Chromie Squiggle /10k (Art Blocks) by Snowfro: 5.2 (Slinky), 4.61 (Fuzzy), 3.96 & 3.88 WETH, 4.21 ETH
Winds of Yawanawa /1k by Refik Anadol: 4.08 ETH & 3.35 WETH
Archetype /600 (Art Blocks) by Kjetil Golid: 2.95 WETH
Memories of Qilin /1,024 (Art Blocks) by Emily Xie: 2.25 WETH to Wim
The Golden Ratio /420 by Harto x Vivid: 0.128 & 0.111 BTC
Pebbles /1k (NextGen 6529) by Zeblocks: 2.1 ETH to Angol_
Heurist Imaginaries /332: 1.98 ETH
alignDRAW /2,709 (Fellowship) by Elman Mansimov: 5 sales for 5.6 WETH (avg: 1.12 ETH)
The Currency /2,013 by Damien Hirst: 1.01, 0.95 & 0.91 ETH
Auntieverse /1k (Fellowship) by Niceaunties: 0.8 WETH
Colorglyphs /520: 0.7 WETH
REWORLD /500 (Fellowship) by Roope Rainisto: 0.62 WETH to Chopmarks
Colin in the Car /136 by Justin Aversano: 0.03 BTC
Alternate /200 by Kim Asendorf: 0.51 WETH

Edition: Highlights

Red Lite District /210 by OSF: 2.5, 2.47, 2.31 & 2.29 WETH
Wall /73 (PROOF) by Tyler Hobbs: 2 WETH
ALL YOUR BITCOIN /332 (The Memes by 6529) by 6529er: 0.69 ETH
MAX PAIN /5,870 by XCOPY: 0.35 ETH & 0.32 WETH
SeizeJPGs /1k (The Memes by 6529) by 6529er: 0.33 ETH to social.f00lish.eth
Velocity Pass 2.0 /1,812 by Oracle Red Bull Racing: 8 sales for 2.09 ETH (avg: 0.26 ETH)
Venus’s Love for Transactions /329 (The Memes by 6529) by Zhuk: 0.25, 0.21 & 0.2 ETH to spiritape.eth

Closing Thoughts

A little bit of everything throughout these 24 hours with release results across BTC, ETH, and USD.

Billy Restey and Gabe Weis lead BTC with a strong result and Boldtron and Fellowship lead ETH as they ready the conclusion of their 1/1/1k Vault of Wonders.

It’s a pretty meaty release section in both LIVE and INCOMING. Genie enters the chat with an extremely strong artist list supporting its foray into Generative AI and artist models. I’m very curious to see its reception and above all, its outputs! My eyes are on the outliers. If it displays range - some absolute brain breakers and maybe a “Kevin” or two (lol), I’ll be encouraged. The magic is in the unexpected.

Live Today:

10:00am EST: 24 Hours of Art X Spaces with Genie, Jake Fried, Defaced & Dangiuz
3:00pm EST: 24 Hours of Art Telegram ‘This Week in ART’

RD Report

Discussion about this post