Information about Art, Antiques and Auctions in Ireland and around the world
  • About Des
  • Contact
  • Posts Tagged ‘NFT'S’


    Tuesday, July 26th, 2022
    The University Of Pennsylvania mRNA NFT

    A breathtaking 3d digital work that takes the viewer to the molecular level, showing a cutting-edge mRNA vaccine fighting COVID-19, sold for $226,800 at Christie’s on July 25. The one-of-a-kind digital University of Pennsylvnia mRNA NFT was designed by the University of Pennsylvania and Dr. Drew Weissman, whose groundbreaking research helped create mRNA vaccines. The NFT comes with a storyboard that explains what the NFT depicts, the University of Pennsylvania-owned mRNA patent documents, and an original letter from Dr. Weissman, whose research produced key innovations that made mRNA vaccines safer and more effective. Proceeds from the auction will support ongoing research activities at the University of Pennsylvania and Penn Medicine.

    MRNA vaccines are a new form of technology that has been science’s main tool to fight the COVID virus. Unlike traditional vaccines, which use a weakened or inactive germ to trigger an immune response, mRNA vaccines are designed to teach the body to create a protein that triggers the immune response. This one-of-a-kind NFT features a stunning one-minute 3D sequence that uses color, shape, movement, and sound to show mRNA encapsulated inside of lipid nanoparticles, administered via a vaccine, and working in the body to teach cells to create a protein to help the immune system to fight COVID.

    In its review of the first half of 2022 Christie’s reported that the market for NFT’s is facing its first real endurance test.  It amounted to just $4.75 million (€4.71 million) in the half year. Collectors are responding by selecting the best digital artists from the rest and consolidating around a group more likely to survive the tumult of the broader cryptocurrency markets.


    Wednesday, September 29th, 2021

    Christie’s has shattered the $100 million ceiling in NFT sales worldwide.  Their first NFT auction in Asia, which closed online in Hong Kong on September 28, achieved a total of US $15.6 million. It began less than a year ago and in March 2021 Beeple’s Everydays: The First 5,000 Days sold for $69 million setting the record for the most expensive work sold online and the third highest price for a living artist at auction. An artwork by Seattle based 18 year old trans artist Fewocious – real name Victor Langlois – made $475,000 at an online sale in June. The artist had five lots in the sale, each representing a year in his life as he discovered his gender identity between the ages of 14 and 18.

    FEWOCiOUS (B. 2003) Year 4, Age 17 – His Name Is Victor made US$475,000

    Guillaume Cerutti, Christie’s ceo, said: “Exceeding this $100 million milestone is huge for Christie’s and for all the creators and collectors in the NFT community. This confirms that the NFT market is here to stay. We will continue to invest in the opportunities NFTs offer us to deeply engage with new audiences and artists, an exciting new generation of collectors, and more expansive and inclusive markets.”