{"id":9925,"date":"2023-07-27T07:29:35","date_gmt":"2023-07-27T07:29:35","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2023\/07\/27\/nft-sensation-99-year-old-vera-molnars-art-sells-out-hits-1-2-million\/"},"modified":"2023-07-27T07:29:35","modified_gmt":"2023-07-27T07:29:35","slug":"nft-sensation-99-year-old-vera-molnars-art-sells-out-hits-1-2-million","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2023\/07\/27\/nft-sensation-99-year-old-vera-molnars-art-sells-out-hits-1-2-million\/","title":{"rendered":"NFT Sensation: 99-Year-Old Vera Moln\u00e1r&#8217;s Art Sells Out, Hits $1.2 Million"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400\">Discover the incredible sensation of Vera Moln\u00e1r\u2019s NFT collection, which sold out within an hour at a Sotheby\u2019s auction, achieving a remarkable $1.2 million in total sales.<\/span><\/p>\n<p><b>TL;DR<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Vera Moln\u00e1r\u2019s NFT collection wowed the art world, selling out in just an hour at a Sotheby\u2019s auction. In addition, the collection amassed an astounding $1.2 million in sales. The \u2018Themes and Variations\u2019 collection features 500 generative art NFTs, showcasing the 99-year-old artist\u2019s digital work.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Departing from her traditional geometric style, Moln\u00e1r\u2019s focus in this series was on the letters N, F, and T.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Sotheby\u2019s Metaverse made history with this auction by adopting a Dutch auction format. This was the first time in its 300-year existence. \u2018Themes and Variations #1\u2019 stood out as the top seller, fetching 19.84 Eth\/$37,205.95.<\/span><\/li>\n<\/ul>\n<figure id=\"attachment_123252\" aria-describedby=\"caption-attachment-123252\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-123252 size-full\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/vera.png\" alt=\"Still from Vera Moln\u00e1r NFT\" width=\"1024\" height=\"1024\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/vera.png 1024w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/vera-300x300.png 300w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/vera-150x150.png 150w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/vera-768x768.png 768w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/vera-56x56.png 56w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/vera-450x450.png 450w\" sizes=\"(max-width: 1024px) 100vw, 1024px\"\/><\/noscript><figcaption id=\"caption-attachment-123252\" class=\"wp-caption-text\">\u2018Themes and Variations\u2019 NFT Collection Generates $1.2 Million in Total Sales<\/figcaption><\/figure>\n<h2><span id=\"Vera_Molnars_NFT_Collection_Sells_Out_Within_Hour\"><b>Vera Moln\u00e1r\u2019s NFT Collection Sells Out Within Hour\u00a0<\/b><\/span><\/h2>\n<p><span style=\"font-weight: 400\">Vera Moln\u00e1r\u2019s NFT collection was a sensation, selling out within an hour at a Sotheby\u2019s auction. The collection also reached a staggering $1.2 million in total sales volume. \u2018Themes and Variations\u2019, features 500 generative art NFTs crafted by the 99-year-old pioneering digital artist herself, with the creative support of Martin Grasser, a talented generative artist and coder.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In this unique art series, Moln\u00e1r deviated from her usual geometric forms and focused on the letters N, F and T. Moreover, she employed a fascinating generative art technique where code defines various shapes, colours, pixel sizes, and other graphical traits. When the code runs, it randomly selects different elements, producing visually surprising and distinct outputs each time.<\/span><\/p>\n<p><span style=\"font-weight: 400\">This successful auction marks a breakthrough for <a href=\"https:\/\/nftevening.com\/sothebys-embraces-nfts-with-on-chain-gen-art-program\/?swcfpc=1\" target=\"_blank\" rel=\"noopener\">Sotheby\u2019s NFT<\/a> marketplace, Sotheby\u2019s Metaverse. For the first time in its 300-year history, the auction house initiated the sale by introducing the highest price at which the piece would be sold, gradually decreasing it in increments until a buyer bids or a set lowest price is reached. However, this approach differs from the conventional English model, where bidders raise prices. The maximum price set for this auction was 20 Eth\/$37,506.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Among the sold NFTs, \u2018Themes and Variations #1\u2019 stood out, fetching the highest total of the sale, with 19.84 Eth\/$37,205.95. Significantly, the secondary market already shows strength, as \u2018Themes and Variations #444\u2019 with its rare 10 x 10 grid pattern was <a href=\"https:\/\/twitter.com\/Sothebysverse\/status\/1684256064521240581\" target=\"_blank\" rel=\"noopener\">sold for 10 Eth\/$18,753<\/a> on OpenSea.<\/span><\/p>\n<p><iframe data-test-id=\"beehiiv-embed\" width=\"100%\" height=\"320\" frameborder=\"0\" scrolling=\"no\" style=\"border-radius: 4px; border: 2px solid #e5e7eb; margin: 0; background-color: transparent;\" class=\"perfmatters-lazy\" data-src=\"https:\/\/embeds.beehiiv.com\/37fed65e-f01c-4c4c-b8f1-1b71da0be0a4\"><\/iframe><noscript><iframe loading=\"lazy\" src=\"https:\/\/embeds.beehiiv.com\/37fed65e-f01c-4c4c-b8f1-1b71da0be0a4\" data-test-id=\"beehiiv-embed\" width=\"100%\" height=\"320\" frameborder=\"0\" scrolling=\"no\" style=\"border-radius: 4px; border: 2px solid #e5e7eb; margin: 0; background-color: transparent;\"><\/iframe><\/noscript><\/p>\n<div class=\"bottom-text__wrapper post-content\">\n<p>\u00a0<\/p>\n<hr\/>\n<p><em>All investment\/financial opinions expressed by NFTevening.com are not recommendations.<\/em><\/p>\n<p><em>This article is educational material.<\/em><\/p>\n<p><em>As always, make your own research prior to making any kind of investment.<\/em><\/p>\n<\/div>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/nftevening.com\/nft-sensation-99-year-old-vera-molnars-art-sells-out-hits-1-2-million\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Discover the incredible sensation of Vera Moln\u00e1r\u2019s NFT collection, which sold out within an hour at a Sotheby\u2019s auction, achieving a remarkable $1.2 million in total sales. TL;DR Vera Moln\u00e1r\u2019s NFT collection wowed the art world, selling out in just an hour at a Sotheby\u2019s auction. In addition, the collection amassed an astounding $1.2 million [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9926,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[9],"tags":[21],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/vera.png","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/9925"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=9925"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/9925\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/9926"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=9925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=9925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=9925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}