24 HOURS OF ART: Tuesday Highlights
Digital Art Headlines, Market Highlights, and Analysis from 3/25 - 3/26
Magic Internet Bome
‘MAGICINTERNETJPEGS’ 1/1 Ordinal by Darkfarms is collected in auction by Bazingahappy for 18,888,888 $BOME | ~$270,000 USD.
Via Bazingahappy:
“It's like a dream! I successfully bid for the early artwork of my idol Darkfarms…
In fact, I am not an art collector. If I have any connection with art, it is that my friends often say that I am not like an entrepreneur, but more like an artist…
Consensus determines the common illusion. Everything has value or no value. Value is in the heart, in consciousness and consensus.”
But wait, there’s more.
Darkfarms burns all 18,888,888 $BOME following the auction!
Via Darkfarms:
“In 2014 Counterparty burned over 2,000 bitcoin, kind of a lot. This was to create their native digital currency XCP, in a process know as ‘proof-of-burn.’ This act of sacrifice create an ecosystem for many projects that are still working great after so many years. I'll do a smaller but sacrifice too for the $BOME future and hope many artist frens will join at least with their 1 JPEG. LFG!”
Botto Utility Stream
Le Random collects Botto Genesis Period artwork ‘Utility Stream’ for 45 ETH from trippvault.
Minted in August, 2022 via SuperRare, the artwork is paired with this description:
“The village is a Lilac, a plateau of utility. Its stream of acrylic a village of five. Botto in conversation with GPT-3.”
GGG
XCOPY everywhere!
Four headlines pop across the artist’s ecosystem:
Grifters 1/1/666: Hivemind Digital Culture Fund collects 11 Grifters for 76.7 ETH (10 from Artifaction)
WASTER #4: 18 WETH to TheCultureVault
Remnants 1/1/250: 6 sales for 13 ETH
The Doomed /100: 12 ETH to _overeXposed_
Via Richard Skeet, Managing Partner - Hivemind Capital:
"Acquiring a gang of Grifters was an instinctive move for us as we continue to dive deeper into curating Digital Culture. The only generative art collection from the OG crypto artist XCOPY is a natural fit to support the unique works we own and cuts across two of our digital art chapters. As we push forward in 2024, holding these pieces is a healthy reminder to be vigilant in crypto as 'Grifters gonna grift!'"
Collection: 5 Highlights
Terraforms /9,911 by Mathcastles: 73 ETH volume, floor: 1.33 ETH
Opepen Edition /16k by Jack Butcher: 24 ETH volume, floor: 0.24 ETH
Checks - VV Originals /5,153 by Jack Butcher: 20 ETH volume, floor: 0.19 ETH
Silhouettes /999 by Serc: 231 SOL volume, floor: 3.89 SOL
Turing Key /969 by Cyborg DAO: 12 ETH volume, floor: 1.35 ETH
LIVE (BlueHourAdventures io) - Blue Hour Adventures by Cath Simard
LIVE (Sovrn) - CENTS
1/1: 5 Highlights
Shiro | 白 by Ilan Derech: 7.5 ETH
Dollsbox.03 by Claudia Hart: 20K XTZ | $26,866 USD
cydr: 8 1/1 sales for 4.988 ETH
Herb Gatherer by Apocalypse Art: 1.5 ETH to maxkarlan
Mean Girl by Apocalypse Art: 1.5 ETH to ultrapara
1/1/X: 5 Highlights
Art Blocks - Ringers /1k by Dmitri Cherniak: 16.45 ETH
BitMON /150 by Lucréce: 0.55 & 0.085 BTC
6529 Gradient /101 by 6529er: 6.529 WETH
Art Blocks - Chromie Squiggle /10k by Snowfro: 5.8 (Fuzzy), 4.7 & 4.5 WETH, 5 & 4.9 ETH
Art Blocks - Meridian /1k by Matt DesLauriers: 4.98 ETH, 4.5, 3.67 & 3.65 WETH
Edition: 5 Highlights
THE 5000 DAY SELECTS /105 by Beeple: 7.4 WETH
pale blue death by ACK: 4.6305 ETH (+ /2 silkscreen print) & 2.869 WETH
Voxelglyph (Fingerprints DAO Membership) /222: 2.75 & 2.75 WETH
AFTERBURN /100 by XCOPY: 2.9 ETH to xFADER
Asprey Studio Club /241: 1.12 WETH
Closing Thoughts
The week hits full stride, merging all worlds: 1/1 art, the intersection of art and memecoins, generative collections, and more.
While the report is in highlights mode, there are plenty of line items below these thresholds and across many artists and collections.
Standout price levels are the 16.45 ETH Ringer, as the collection has flirted with a widening list/offer spread for some time now, and the 7.4 WETH Beeple 5000 DAY SELECTS, acquired as part of Artifaction’s batch of sales.