Home » The first NFT in history sold by Sotheby’s: “It is comparable to a Picasso”

The first NFT in history sold by Sotheby’s: “It is comparable to a Picasso”

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They seem like a novelty this year, and in fact he has been talking about them a lot more or less since February, but in the hyper-fast world of technology some are already the past. Some are already vintage.

The Nft, that is the videos, the photos, the gifs certified as unique thanks to the cryptography, are the phenomenon of the moment in the art world after the Christie’s auction house ha sold the one created by Beeple for nearly 70 million dollars, but they have more years behind them than you might think. The first, created even in 2014 by the American Kevin McCoy, has been sold at Sotheby’s for just under $ 1.5 million.

The work is called Quantum and it is an octagonal animation that changes color continuously while you look at it: the auction house has obviously not revealed the name of the buyer.

(reuters)

On the same occasion, Sotheby’s also sold a copy of a series of 10 thousand CryptoPunks created by Larva Labs (9 were sold at Christie’s last week for $ 16.9 million, double the starting estimate): “There are thousands of CryptoPunk, but there are not only two exactly alike – explained the curator, Robert Alice – The auction will present one of the rarest (photo above, ed), one of 9 alien punks and the only one of those 9 with the mask. “To buy it, for nearly 12 million dollars, was the Israeli entrepreneur Shalom Meckenzie.

Tutorial

How to create an NFT and how to sell it online

by Emanuele Capone



After the sale, Sotheby’s clarified that the intention of the auction was (also) that of cause a “small earthquake” in the art world, especially considering Quantum a work “comparable to the creations of artists such as Picasso, Malevich and Duchamp”.

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