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AI-based NFT collection by Refik Anadol auctioned for $6.2 million

Quick Take The NFT collection is a visual representation of data collected from the first-ever all-civilian spaceflight. LG Display’s transparent OLED panels serve as the canvas for the digital art piece. Turkish-American artist Refik Anadol has auctioned off one of his latest non-fungible token (NFT) collections for $6.2 million, the Korea Herald reported on Wednesday. Titled “An Important Memory for Humanity,” the collection features data visualizations representing data collected from the first-ever all-civilian spaceflight. The collection is a collaboration between …

Art auction house Sotheby’s to hold NFT auction for generative art

Art auction house Sotheby’s announced Wednesday that it plans to hold an auction for only generative non-fungible token (NFT) projects.  Sotheby’s generative NFT art auction intends to include pieces spanning the history of generative art, beginning in the 1960s through present day, and is set to occur between April 18-24. Vera Molnár, Chuck Csuri and Roman Verostko — three generative avant-garde artists whose work emerged in the 1960s — will have their works offered as NFTs for the first time.  Contemporary …

Sotheby’s to accept crypto for sports memorabilia NFT sale for first time

The centuries-old art auction house Sotheby’s announced on Tuesday that it will accept cryptocurrency payments for an auction including a sports memorabilia non-fungible token (NFT) sale for the first time.  The item in question is a shooting shirt from the late Los Angeles Lakers basketball player Kobe Bryant as he scored 81 points in a 2006 game against the Toronto Raptors. The official authenticator for the National Basketball Association (NBA) verified and photo-matched the shirt, and no other worn item …

Sci-fi game Parallel to donate NFT auction proceeds to Khan Academy

The non-fungible token (NFT) sci-fi trading card game Parallel will be auctioning off a single edition NFT and giving all the proceeds to the online learning platform Khan Academy.  “Auctions are a tried and true way to raise money for nonprofits, but this is the first time we’ve been the beneficiary of an NFT auction,” Khan Academy tweeted on Tuesday. The auction will start on Wednesday, January 19 at 5 p.m. EST and end at the same time on Friday …