24 HOURS OF ART: Friday Highlights
24 HOURS OF ART: Friday Highlights
Digital Art Headlines, Market Highlights, and Analysis from 9/12 - 9/13
Five Minute Selection
“Selection sold out in 5 min 47 sec. What a story...” says Jan Robert Leegte.
The fully on-chain 150 artwork collection sells out with Folia for 0.11 ETH each, with the first 30 mints to Folia as their commission.
Via Folia:
“The focus of the work is focus itself, fixating on the selection tool as its primary subject. Originally inspired by the effect of a waterfall in a beer advertisement, the animated selection marquee was invented by Bill Atkinson in 1983.”
Each ‘Selection’ “comes with a generated background, but owners can manually change it with a contract interaction to black, white, transparent or back again.”
The Wild Within
‘Whisper’ by Ryan Koopmans and Alice Wexell is now part of the Blondie23LMD collection via a deal brokered by MakersPlace and Liaison.
The 1/1 artwork is part of ‘The Wild Within’ series, through which the artists travel the world to capture historic buildings. After blending photography with digital elements and animation, the result is a unique collision of architecture and nature, past and future, physical and digital.
Collective Gazers
CollectiveVision sells another two ‘Gazers’ /1k by Matt Kane for 5.43 and 5.03 WETH.
This marks the sixth such sale in two days from the collector, with two more remaining in their collection.
Collection: Highlights
‘DAMAGE CONTROL’ by XCOPY: 20 sales for 11.31 ETH, list: 0.92 ETH
‘MAX PAIN’ by XCOPY: 14 sales for 9.7 ETH, list: 0.71 ETH
LIVE (Expanded) - ‘NEVERENDING STORIES’ by Boris Eldagsen
LIVE (MakersPlace) - ‘Digital Art Day Málaga’: Generative artworks and hand-signed wine bottles from 9 artists
LIVE (Sotheby’s) - ‘Digital Art Day Auction’: 27 Lots closing September 19th
INCOMING (The Memes by 6529) - ‘A Brief Animated History of NFTs’ by REY
1/1: Highlights
‘No. 3 (Red And Red Over Red)’ by Rakesh Pulapa: 2 ETH
‘𝙏𝙧𝙖𝙣𝙨𝙞𝙚𝙣𝙘𝙚 𝙀𝙡𝙚𝙜𝙮’ by Mannay: 1.5 ETH to flannelcapital.eth
‘Finding Affection Where I Can’ (Oct 2021 FND) by Summer Wagner: 1.25 ETH to bastiboii
‘Once in a Long, Long While’ by Jay Toups: 0.69 ETH to Guppy
‘Robot Love’ (May 2024 Fellowship) by Panaviscope: 0.49 ETH to LaoVault
‘Sometimes, I need to destroy things I love.’ by Panaviscope: 0.41 ETH
‘plagued by good news’ by Bhare: 0.342 ETH to cha_ching
UnderTheGAN: Announces acquisitions from DocT, Mendezmendez, NEURAL RAIN, Nikita
LIVE (SuperRare) - ‘Encased Vanity: Statues Stored’ by Botto: 3 ETH bid, ends Fri 4:00pm ET
1/1/X: Highlights
‘Winds of Yawanawa’ /1k by Refik Anadol: 6.85 ETH
‘Subscapes’ /650 (Art Blocks) by Matt DesLauriers: 3.2 ETH
‘Memories of Qilin’ /1,024 (Art Blocks) by Emily Xie: 2.23 & 1.91 WETH
‘alignDRAW’ 2,709 (Fellowship) by Elman Mansimov: 1.85 & 1.8 ETH
‘Asprey Bugatti La Voiture Noire Collection’ /261 by Asprey: 1.1 ETH
‘Terraforms’ /9,911 by Mathcastles: 0.83 & 0.7 ETH, 0.7, 0.6 & 0.5763 WETH
‘Realiti’ /186: 0.8 ETH to OsaBear
‘The Currency’ /2,028 by Damien Hirst: 0.69 & 0.64 WETH
‘machine in the ghost’ /512 (Vertu) by Diid: 0.65, 0.65 & 0.555 WETH
‘beef brothko’ /666 by Die With The Most Likes: 0.6 & 0.55 WETH
‘Decoherence’ /250 by Pindar Van Arman: 0.5426 WETH
‘merge.’ /20.1k by Pak: 0.5229 WETH & 0.2 ETH
‘corpo | real’ /500 (BrainDrops) by Claire Silver: 0.5 ETH to calmanx_hwallet
Edition: Highlights
‘BeastMode’ /150 (Kolectiv) by XCOPY: 3.59 WETH to Work-In-Progress
‘PROTO-WRETCH’ /65 by XCOPY: 2.2 WETH
‘EXIT STRATEGY’ /420 (The Memes by 6529) by XCOPY: 1.8001 & 1.8 WETH
‘QQL Mint Pass’ /690 by Tyler Hobbs x Dandelion Wist Mané: 1.69 & 1.69 ETH
‘Afterburn’ /870 by XCOPY: 1.635 WETH
‘PROTO-GOUGE’ /99 by XCOPY: 1.2 & 1.111 WETH
‘Everydays: Group Effort’ /100 (PROOF) by Beeple: 1.1 ETH to EatsETH
‘PROOF Collective’ /1k by PROOF: 0.81 & 0.7527 WETH
‘Station 3 Patron’ /932 by Grant Yun: 0.799, 0.77 & 0.6 ETH, 0.63 WETH
‘Electric Gray’ /238 (The Great Color Study) by Alpha Centauri Kid: 0.27 ETH to smpsmyth-trading
‘The Institutions Are Coming’ /510 (The Memes by 6529) by 6529er: 0.2625 WETH
‘XCyberSkull’ /88 by Duo x XCOPY: 0.2501 WETH to Miodozer
Closing Thoughts
‘Gazers’ by Matt Kane are an interesting case study today. It’s a good reminder as to how much difference one collector can make (in either direction).
Let’s say you are observing the collection with no nuanced information. Your take might be an impartial: “Wow! Gazers were cruising there for weeks with high sales up to 11 ETH and a collection offer at 8 WETH. They really took a step back.”
Let’s say you are bullish on Gazers and understand the activity is via a single, fast exiting collector. Your take might be: “Wow! With a single seller swiftly exiting in a slow market that isn’t used to rapid response, I may be able to grab one of their last two Gazers at 4-5 WETH.” (Current offer is 4.1 WETH).
Let’s say you are bearish on Gazers. Your take might be: “Wow! I wonder what CollectiveVision is thinking. I’ll look for lower opportunities now that this has the collection trending down.”
What is your opinion? If you were to ask mine (NFA), the opportunistic take feels closest to the mark. Unique circumstances like this are fun to analyze.
Live Today:
1:00pm ET: ‘This Week in ART’ via the 24 Hours of Art Telegram
The Digital Art Market Report:
The full report lands next week!
In the meantime, head to the 24 Hours of Art Telegram for an excerpt and additional incoming previews.