85 artworks auction for 41.542 ETH and the final 3 are in live countdown. Winning bids have ranged from 0.2 ETH to a collection high of 1.76 ETH.
The collection merges Derechs's photography with artificial intelligence. "At its heart is the Japanese idea of wabi-sabi, the beauty found in things that are fragile, worn, or incomplete. After years of living in Japan, the artist's sense of what matters in art gradually shifted and became more complex."
Via Derech: "Our goal was simple: to create a memorable collection that moved people and brought them together...
These are the moments that make me feel proud to be an artist."
Karborn Hypnotics
'👁 HYPNOS 🌙' by KARBORN sells for 10 ETH to Raoul Pal via SuperRare.
The 1/1 interactive sculpture is a bronze bust of the Greek god of sleep, cycling through asleep and awake states, during which it consumes a curated library of animated gifs.
House of Gondi
Once per week, we look at standout Gondi news, loans and sales driving liquidity and offering market insight:
Nakamoto Loan: The iconic 'RAREPEPE | Series 1 Card 1' aka "The Nakamoto Card" secures a 52,500 USDC loan at 15% APR over 180 days.
Skull Strength: On the heels of recent strength in the 'ACK PFP' collection, 'skullBoy' renegotiates its loan, moving from 18,200 to 40,000 USDC 30 day principal with a small nudge in APR from 15 to 16%.
Fee Flexibility: Gondi updates to introduce both royalties and broker fees to the platform, good news for art lovers. They emphasize their goal of "building a full stack and flexible ecosystem for Digital Art and collectibles".
Collection: Highlights
Primary (Artist) - 'Grit' by Rafaël Rozendaal: 11 available artworks sell out at 0.25 ETH each
'Checks - VV Originals' /9.3k by Jack Butcher | Visualize Value: 16 sales for 21.12 ETH, list: 0.4 ETH
'CENTS' /10k by Rutherford Chang | Sovrn: 22 sales for 0.174 BTC, list: 0.0081 BTC
'gristle buddeez worldwide' /2,004 by die with the most likes: 16 sales for 4.09 ETH, list: 0.28 ETH
LIVE (AOTM) - 'BANQUET': 5 Artist Exhibition from cydr, Darkfarms, Guido Di Salle, Richard Nadler, and socmplxd, ends 1:00pm ET
LIVE (NFTBoxes) - 'Virtual Identity' NFTBox featuring Bryan Brinkman
LIVE (Sotheby's) - 'Contemporary Discoveries': 23 Artist Lots with high bids for 'CryptoPunk #6425' at $70k USD and 'INNERSPACE' /2 by Beeple at $22k USD, ends Tues, July 15th
LIVE (The Memes by 6529) - 'Crypto Atlas' by Hugo Faz: 222/332 minted at 0.06529 ETH
*Incoming Notables
Monday, July 7th - Friday, July 11th: 'Daily Rare' Auctions via SuperRare: featuring James Bloom, Kerim Safa, BEISSU, Botto and cydr x Rich Caldwell
Thursday, July 10th: 'daydreamer' (+ 'in this house') by Claire Silver with Avant Arte: Ranked auction opens at 12:00pm ET
1/1: Highlights
Sarah_Giaco by Mike Tyka
'Sarah_Giaco' by Mike Tyka: 39,795 XTZ | $21,748 USD to Antagonist4ever
LIVE (Manifold) - 'warm as a knitted throw' by bhare: 6/15 editions minted at 0.069 ETH each
RD Report
The primary art market shines on this day across collections and 1/1 art. I want to emphasize how nice that is to see in the month of July. I'll keep saying that Summer season is typically slow, and I'll be thrilled if 2025 art enthusiasm makes this year an outlier. That's certainly my rooting interest.
Claire Silver and Avant Arte seem very likely to continue primary strength Thursday into Friday.
Art travel incoming. See you in Toledo!
Today Reported: Sales thresholds of 4 ETH+ Collection, 0.4 ETH+ 1/1, 0.8 ETH+ 1/1/X, and 0.4 ETH+ Edition
Under Threshold...
...but interesting to me is 'The Garden of Ephemeral Details: Eternal Ephemera' 1/1/70 by Mario Klingemann selling for 1,999 XTZ | $1,092 USD to Antagonist4ever. The collection was originally minted in October of 2021.
The DAM Show: Catch Up
The DAM Show welcomed Operator and Hivemind yesterday to talk through the big news of their X-ray Machine acquisition, as well as what is coming at the Toledo Museum of Art. I especially enjoyed diving into their origin stories, reflecting on where ambitions began.
