Right image via sneakernews.com //
With NFTs continuing to dominate the world at record-pace, it’s seems everyone with a bit of crypto in their wallet is racing to own one of their own digital artworks, all while trying to keep up with the ever-evolving digital landscape. So much so that we figured we’d do the hard work for you and pull together the biggest headlines in the NFT space. Check it below.
Titled “Punk It!”, the auction will feature a single-lot sale of 104 CryptoPunks on February 23rd, and is expected to amass around $20 – $30 million USD. The collection is the largest group of CryptoPunks to ever come to auction, with the second being Christie’s sale of nine CryptoPunks for just under $17 million in May last year. All of the CryptoPunks in the auction were acquired in a single purchase as well, further distinguishing it from fellow NFT auctions in that each NFT in the collection has the exact same provenance.
CryptoPunks get the Sotheby's treatment. Our next #SothebysMetaverse sale 'Punk It! 104 CryptoPunks. 1 Lot.' will be a landmark LIVE Evening Auction on February 23. A truly historic sale for an undeniably historic NFT project. pic.twitter.com/LAu6j8Atu3
— Sotheby's (@Sothebys) February 8, 2022
The NFT is one of six artworks from John Lennon’s son Julian’s personal collection that also featured NFTs of Lennon’s Help! cape, the Afghan coat Lennon he wore in the Magical Mystery Tour film and the 1959 Gibson guitar that Lennon gave to his son as a gift. The sale took place via an online auction and each NFT was accompanied by a narration from Lennon’s son Julian explaining the story behind it.
The collection of 1,011 NFTs was announced in January by Picasso’s great-grandson Florian, but he’s copped some heat due to his using the name of the arthouse legend, despite the collection not actually containing any Pablo Picasso works. So far, a single-edition piece sold for $41,500 USD via Nifty Gateway last week and came with an original piece of Pablo Picasso pottery, while an additional 10 NFTs sold for around $4,000 to $5,655 USD each – minus the pottery.
‘Visage de Couleur’ NFTs out today 6.30pm ET time ! #ManAndTheBeat together with my mother Marina Picasso and collaborative artists @johnlegend and @nas ✨ https://t.co/bYHYiOJp52@OriginProtocol pic.twitter.com/nsXoGeNrX1
— Florian Ruiz-Picasso (@florianpicasso) February 1, 2022
Nike-owned virtual collectibles studio RTFKT has released a new MNLTH series to Opensea. The NFT is in the form of a cube and features Nike and RTFKT logo cutouts on the laterals. It follows RTFKT’s Clone X by Takashi Murakami which is currently one of the top-rated NFT collections in the world with a total sales volume of 114,600 ETH (approx. $352 million USD).
The auction for the Spanish-style four-bedroom will take place tomorrow with an asking price of $650,000 USD. Real estate technology company Propy will mint the property rights into a digital token and host the online auction, with the rights to the home being transferred over as an NFT. Local artist Derek Donnelly is also set to create an indoor mural one of the home’s brick walls, which will be turned into an NFT and will be included with the house.
Images via Heckler Realty Group //