The edition of 335 sells out at 0.06529 ETH each and goes on to see a massive 60 secondary sales for 30.56 ETH, averaging 0.51 ETH. Current list is 0.6486 ETH.
Via Artwork Description: "Genesis II: In the offering of its golden fruit, the machine declared itself divine."
Via Alpha Centauri Kid: "ever since finishing The Great Restoration [Meme Lab artwork], i've wondered what the next chapter in that story looks like...
i pushed myself to not take the easy route on this. the story deserved my full attention and demanded a certain energy. once i felt it, i knew.
as with most of my work, i build out scenes completely in order to serve the visions most truthfully."
Separately, 'Vogue' 1/1 by Alpha Centauri Kid - 1 of 48 'The Broken Keys' artworks - sells for 27 ETH, just one week after selling for 23.02 WETH.
Summer Love
'I. Lovers' by Summer Wagner is acquired for 18.75 ETH by AP.
A 1 minute and 14 second "quiet, vulnerable, and subtle visual poem", the artist's first foray into video work debuted at last week's Silk curation at Lume Studio in NYC.
Via AP: "Summer's name sat on a post-it note on my monitor - a "one day I will own" list. A visit from Chikai encouraged me to reach out for a studio visit.
The moment I saw her WIP, I. Lovers, it imprinted on my soul. Even in its raw form, it moved me so deeply. A masterpiece!"
Via Summer Wagner: "Soon after the LA fires, AP came by for a studio visit and patiently watched through a mere clip, unfinished and raw, as we sat in my friend's warehouse where I was storing my artworks at the time.
The two figures tugged at her, she said without hesitation 'that one is mine'...
As the work itself considers the role the hands of fate play in our lives, I have been moved by how cosmic it is that this artwork has found truly the perfect person at the perfect time."
House of Gondi
Once per week, we look at standout Gondi loans and sales driving liquidity and offering market insight:
Loan Hallucinations: 'Machine Hallucinations - Mars - Collector's Edition' 1/1 by Refik Anadol takes out the loan of the week. The terms are 400k USDC principal and 18% APR over 120 days. This emphasizes a favorite Gondi use case: insights on high value, illiquid assets (some high end 1/1 art will rarely/never sell).
Lost Trend: Another week, another big "Lost Robbie" loan as 'AI Generated Nude Portrait #7 Frame #206' lands 250k USDC in principal. Of note is the effective APR ticking down on this one from last week's 22% to this week's 20.57%.
Fidenza Follow-Up: Yesterday's 27 ETH 'Fidenza #658' by Tyler Hobbs sale becomes today's loan. It is not just any loan. It is a one week loan for 19 ETH at 9.22% APR. Paired with the buyer also having it listed at 27.99 ETH, they are out for a quick flip, razor thin profit.
Collection: Highlights
'Opepen Edition' /15.8k by Jack Butcher | Visualize Value: 18 sales for 16.63 ETH, list: 0.25 ETH
'Checks - VV Originals' /9.3k by Jack Butcher | Visualize Value: 16 sales for 8.16 ETH, list: 0.33 ETH
'Checks - VV Edition' /15k by Jack Butcher | Visualize Value: 12 sales for 5.53 ETH, list: 0.47 ETH
LIVE (Artist) - 'conditions for joy' by Mae: Private sales ongoing for 1/1/10 collection, jdsears_Vault, MyMoDA, norcal_guy, and Boooona acquire artworks
LIVE (SuperRare) - 'New Masters: Chapter One' Curation by John Sears & MrMerge: Eleven 1/1 artwork auctions close at 12:00pm ET, bids range from 0.233 - 2.416 ETH, highlights in live 1/1 section below
LIVE (Transient Labs) - 'Internal Cache' by Tustont: 21 editions minted thus far at 0.0559 ETH each, closes at 2:30pm ET
'Dark Red Death' /318 by Alpha Centauri Kid: 0.42 WETH, 0.38 & 0.379 ETH
'Electric Gray' /238 by Alpha Centauri Kid: 0.4 WETH to icculusvault
RD Report
Outside of the headlines, I'm focused on today's 'New Masters' curation from John Sears and MrMerge on SuperRare. It closes at 12:00pm ET.
The cliche of "art speaks for itself" is almost never entirely true. In fact, most often it comes down to those speaking for it, from the artists, to curators, to collectors. It comes down to conviction, effort, and passion, expressed repeatedly. Sears and Merge are shining a light here. They believe in these 11 artists and they are putting themselves behind them. Threads, repeated showcases, X Spaces, and thinking through the mechanics of presentation. It's nice to see.
Catch Up: I was a guest on DarrenSRS's 'The Metaverse Show' for a June digital art review. Watch the recording here.
Today at 12:00pm ET: 'This Week in ART' on a special pre-US-holiday day in the 24 Hours of Art Telegram. I'm bringing a solo rant on Basel, art market, and more. Come through, say hi, and ask a few Qs.
Today Reported: Sales thresholds of 5 ETH+ Collection, 0.4 ETH+ 1/1, 0.8 ETH+ 1/1/X, and 0.4 ETH+ Edition
2025 Subscriber Corner
Yesterday's ART:
A(RT)BO.
The 182nd design of 2025 highlights artists Leander Herzog and 0xfff.
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