Sotheby's Hosting First Bitcoin Ordinals Sale
Sotheby's is hosting its first ever Bitcoin Ordinals sale, auctioning three Bitcoin Shrooms lots from now until Dec. 13.
The Deets
- Artist Shroomtoshi brings a unique blend of technical knowledge and artistic vision.
- The collection embodies the ethos of Bitcoin, emphasizing freedom and self-sovereignty.
- Featured lots include rare and culturally significant digital artworks.
- The auction showcases the evolving narrative of Bitcoin and digital art.
The Bulk
Bitcoin Shrooms, under the artistic guidance of Shroomtoshi, a figure echoing the enigmatic nature of Satoshi Nakamoto, is set unveiled its first sale at Sotheby's.
The sale is marked by three separate lots, featuring works that include "S' for Self-Sovereignty," "Sovereign Individual," and "BIP39 Seed." Each piece represents a facet of the Bitcoin ethos, from the rarity of 'S' in the context of more than 40 million inscriptions, to the "Sovereign Individual" inspired by Rees Mogg's essay, and the 'BIP39 Seed' underscoring the importance of private key ownership.
❗️Why It Matters
A flash in the pan? Maybe. However, Sotheby's hosting a Bitcoin Ordinals sale provides a level of validation not previously seen with regards to the legitimacy of Ordinals and Bitcoin NFTs.
📊 By the Numbers
Initial estimates for the artworks ranged from $20,000 to $30,000, with lot no. 2 already surpassing expectations with a bid of $48,000.
🎬 Take Action
You can explore the collection or make a bid here.
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