<\/p>\n
Leonardo da Vinci\u2019s famous art piece, Salvator Mundi \u2014 currently held in the arms of Saudi Arabia\u2019s Crown Prince Mohammed bin Salman Al Saud \u2014 is set to evolve into an NFT on August 12.<\/p>\n
Valuing a colossal $450 million,\u00a0secured in a jaw-dropping auction at Christie\u2019s New York, this iconic illustration of Christ holding a crystal orb is ready to feature on the blockchain. This digital revolution is led by the digital asset platform ElmonX<\/a>, in tandem with the firm behind image licensing of famous masterpieces, Bridgeman Images<\/a>.<\/p>\n Leonardo da Vinci’s masterpiece: Salvator Mundi \ud83d\udd2e<\/p>\n Rediscovered, restored, and auctioned for a record-breaking USD 450,312,500 in 2017, making it the world’s most expensive artwork ever sold \ud83d\udcc8<\/p>\n Two digital collectibles drop Saturday 12th August 9AM PT only on\u2026 pic.twitter.com\/nAppalhFSC<\/a><\/p>\n \u2014 ElmonX (@elmonx_official) August 8, 2023<\/a><\/p>\n<\/blockquote>\n Already, Bridgeman Images is famous for digitalizing other masterpieces under its alliance, including da Vinci\u2019s Mona Lisa, Van Gogh\u2019s Starry Night, Rodin\u2019s The Thinker, and Monet\u2019s Nymph\u00e9as. The Mona Lisa NFT, in particular, gained an incredible response, with 330 limited editions selling for \u00a3150 a piece and selling on secondary marketplaces for considerably more \u2014 one of these NFTs, in particular, was acquired on OpenSea for a hefty $6,764 (3.7 ETH).\u00a0<\/span><\/p>\n Looking back at the eventful journey of the Salvator Mundi, Christie\u2019s New York 2017 edition was big news. Estimated to sell across the $100 million mark, the artwork sparked intense bidding rivalry before being procured by a call-in competitor \u2014 later revealed as Saudi Arabia\u2019s crown prince \u2014 for a shocking price tag of $450.3 million (with additional fees on top).<\/span><\/p>\n The Salvator Mundi NFT is sparking curiosity due to the NFT sector going through troublesome times. For instance, the most expensive NFT ever sold, Beeple\u2019s \u2018Everydays\u2014The First 5000 Days<\/a>\u2018, was purchased for a whopping $69.3 million through Christie\u2019s in 2021. Sales in the general NFT market have shrunk by more than 83% since.<\/span><\/p>\n Nevertheless, regardless of the NFT sector\u2019s future, the initiative to share, preserve and reinvent classic art in digital mediums affirms an innovative approach to artistic expression. <\/span>As technology continues to enhance the arts, renowned pieces remain relevant, regardless of the domain it populates.\u00a0<\/span><\/p>\n Want more? Connect with NFT Plazas<\/b><\/p>\n Join the Weekly Newsletter<\/a> *All investment\/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.<\/em><\/small><\/p>\n Digital art fanatic who brings a unique perspective to NFT news.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n
Artistic Shifts in the Age of Technology<\/span><\/strong><\/h2>\n
Follow us on Twitter<\/a>
Like us on Facebook<\/a>
Follow us on Instagram<\/a><\/p>\n