The 5 digital art pictures that were sold for the highest price and what is happening with them today
Posted by The Daily Ledger Editor on 06 Nov, 2018
Every development in technology simultaneously creates new trends in art, from theme depiction to techniques chosen in order to create a piece. The latest of these techniques is digital technology and more specifically blockchain. The use of blockchain in art has been pretty limited so far, and digital art in general still doesn’t compare to the highest valuations of pieces such as the Da Vinci masterpiece sold to Saudi crown prince Bin Salman .
One of the problems blockchain solves (or creates, depending on how you view it) for digital art is the matter of copying. With conventional digital art, which is just a regular file, artwork backed in the blockchain has a distinct owner, a known quantity, and most importantly, it can’t just be copied and circulated around like other forms of digital art.
The most expensive piece of blockchain based art is the Forever Rose by Kevin Abosch of which 10 were ever made, selling for about 1 million dollars each..These pieces probably sold for so much because of how popular Kevin Abosch is, and really one of the first artists of his caliber to incorporate blockchain technology with his work.
Other digital art like rare pepes went for as much as 25k dollars, depicting lord kek, the frog shaped god of 4chan. Others pieces include the depiction of Dorian Nakamoto (thought to be Satoshi, the anonymous creator of bitcoin) and of Homer Simpson, both in the liking of pepe the frog. With Homer pepe sold for a cool 39k dollars.
But you can’t say collectibles without kitties, with the highest valued kittie selling for 100k dollars. Yes, the same kitties that slowed the ethereum network to a near standstill in the peak of 2017. These kitties appealed to a completely different part of the online community than pepes did. Pepes attracted the edgy often alt-right and “darker” trolls of 4chan. On the other hand, the cute kitties showed that when striking the right tone, a piece of crypto art or collectible can appeal to the opposing side all together, the more fun loving and a-political sort.
There is currently no news thus far as to what has been done with these expensive pieces. Although given their glamorous price tags you can make an educated guess what the owners have in mind. They could be waiting to sell at higher valuations in the next round of bull markets, or they’re actually real collectors that value the art on the basis of their artistic merits. But for all we know they could have continued to be traded in less advertised settings, OTC.
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