Another Historic NFT Sale

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This Week's Low-Down:

• 🎨 99-Year-Old Artist’s NFT Art Sells for $1.2M at Sotheby’s

• 🎭 PROOF’s Grails IV to Showcase 20 Anonymous Web3 Artists

• 🖼️ Beeple’s NFT-Related Sculpture Showcases at Crystal Bridges Museum

• Cool Cat’s Paw Print on Reddit’s Gen 4 Series Avatars (NFT Lately)

• Binance Launches AI-powered NFT Generator for KYC-Verified Users (Cointelegraph)

• AI Artists Defy Rutkowski’s Wishes: A Tug of War over Artistic Integrity (NFT Evening)

• Worldcoin: The Future of Digital Identity and Cryptocurrency (NFT Lately)

• One Avatar, Many Worlds: Decentraland’s VRM Update Brings Metaverse Unity (NFT Evening)

• Pond0X Token Launch Snafu Leads to Millions of Dollars in Losses (Cointelegraph)

• The British Museum Collaborates with The Sandbox to Enter the Metaverse (nft now)

• Gucci Rewards NFT Holders with Exclusive Physical Goods (NFT Lately)

• Made by Apes Lets BAYC Holders Request a License for Projects (nft now)

• NFTs Driving Change: All About Tatler Gen.T’s First Charity NFT collection (NFT Evening)

• NFT-Optimized Palm Network to Become a Polygon ZK Supernet (Cointelegraph)

Trending Collections on OpenSea:

• Bloxies [Floor Price - 0.02 ETH]

• Parallel Alpha [Floor Price - <0.01 ETH]

• Punks2023 [Floor Price - 9 ETH]

99-Year-Old Artist’s NFT Art Sells for $1.2M at Sotheby’s

99-year-old Hungarian artist Vera Molnár’s computer-generated NFT collaboration with Martin Grasser sold out in under an hour at Sotheby’s dutch auction, amassing a whopping $1.2 million (631 ETH).

• Molnár's collection, ‘Themes and Variations’, consists of 500 algorithmically generated collectibles, blending 170 color palettes and recursive grids, with playful references to NFTs.

• She is a pioneer in computer-generated imagery since 1959, first embracing NFTs in 2022 and expressing excitement about generating unique abstract forms through controlled randomness.

• The collection's secondary market trading volume on platforms like OpenSea has exceeded 589 ETH, and the floor price surged by over 100% after the sale's conclusion.

• Molnár's groundbreaking exploration of computer-generated art has attracted significant attention, with her innovative NFT collection proving to be a noteworthy success in the digital art world.

PROOF’s Grails IV to Showcase 20 Anonymous Web3 Artists

PROOF’s Grails IV is now live, featuring artworks from 20 talented artists with concealed identities until collectors mint their digital collectibles.

• Grails IV offers a shorter minting window from August 7 to August 10, with a maximum supply of 1,075 NFTs.

• The big reveal event is on August 11, where collectors will discover the participating artists and their acquired artwork.

• The exhibition includes generative artist collections using the Art Blocks engine and an in-person exhibition at Foundry by PROOF in Los Angeles.

• Previous Grails series showcased top Web3 artists, Tyler Hobbs, Snowfro, Larva Labs, and Refik Anadol, Grails IV, making the unmasking greatly anticipated.

Beeple’s Human One Sculpture Showcases at Crystal Bridges Museum

Beeple's groundbreaking sculpture, Human One, debuts at Crystal Bridges Museum after its jaw dropping $29 million sale at Christie's.

• Beeple's sculpture features a tall silver rectangular cube adorned with vibrant images portraying an astronaut's journey through diverse landscapes.

• Visitors to the exhibit can participate in an artistic scavenger hunt within the artwork, designed by Beeple, to uncover hidden clues and receive exclusive NFT rewards.

• Human One will be on display at the museum until January 2024, offering audiences a chance to experience this remarkable piece of art.

• Beeple's artistry in Human One continuously evolves, reflecting his belief that art is an ongoing conversation, making it a thought-provoking experience for visitors.

Today's edition was written by Leah Alger.

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