The renowned auction house Sotheby’s is hosting its Digital Art Day Sale from August 15 to 22 – a major event dedicated to the auction of NFTs.
This week-long sale highlights the intersection of art and technology and offers collectors the opportunity to acquire unique digital artworks that are shaping the future of the art market.
Designed to appeal to both newcomers and experienced collectors, the auction will present a diverse range of digital art forms that reflect different currents within the contemporary digital art landscape and celebrate pioneering female artists who have played a crucial role in the development of digital art.
Source: Sotheby’sCryptoPunk No. 491 among the presented lots
One of the standout pieces in this auction is CryptoPunk #491 by Larva Labs.
Launched in 2017, CryptoPunks is considered one of the earliest and most influential NFT projects, with each of the 10,000 unique characters algorithmically generated and stored on the Ethereum blockchain.
CryptoPunk #491, a digital figure from this series, is currently up for auction. The estimate is between $70,000 and $100,000. At the time of writing, the bidding was at $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’sBeeple’s ongoing influence 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 work, “MOTHER OF EVOLUTION,” created in collaboration with Madonna, is one of the main attractions of this auction. Bidding for this work has already reached $70,000, with expectations of $80,000-120,000.
Beeple’s contributions to digital art have been groundbreaking in nature and he often explores themes at the intersection of technology and creativity, making him a central figure in the ongoing digital art revolution.
Source: Sotheby’sDiscover generative art and honor innovative women
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,” will be presented in the auction and illustrate the innovative potential of generative art.
Additionally, the sale will celebrate the contributions of pioneering women in digital art. Artists such as Vera Molnar, who has had a significant impact on the field of digital art, will be highlighted, recognizing her influence on the industry and her role in fostering digital creativity.
