CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 87.41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Scan to Download iOS&Android APP

Sotheby’s DJ Steve Aoki NFT auction highlights female artists

By Kevin Donovan

21:33, 27 September 2021

Share this article

Subscribe to Weekly Highlights

The major market events for the week ahead right in your inbox. Subscribe
Sotheby's New York Location
Sotheby NFTs - Source: Kevin Donovan

Sotheby’s is auctioning a collection of non-fungible tokens (NTFs) this week, curated by DJ and musician Steve Aoki, including a newly minted collaboration with digital artist pplpleasr, the auction house announced.

The NFT Lots, consisting of five custom works created exclusively for Sotheby’s Contemporary Curated division, closes Thursday. Proceeds from the sale will go to The Aoki Foundation’s initiative supporting emerging female NFT artists.

“I wanted to create a diverse group of perspectives and approaches as to what digital art can be,” Aoki said in a comment provided by Sotheby’s. “In fact, that conversation around which artists to include inspired pplpleaser and myself [sic] to use this moment as a launchpad for plaA0K1, a new collaborative vault which will specifically support emerging female artists in the NFT space.”

Constanze Nogler, a Director in the Sotheby’s Contemporary Art department, noted the barriers women face in becoming digital artists, from technological, to economic to general acceptance in the digital art community.

“In the same way the crypto community embraced my work and gave me a chance to showcase it,” said Digital Artist pplpleasr. “Mine and Steve’s hope is that this vault can serve a similar purpose in providing an opportunity for emerging artists.”

Oil - Crude

80.34 Price
-1.310% 1D Chg, %
Long position overnight fee -0.0024%
Short position overnight fee -0.0116%
Overnight fee time 22:00 (UTC)
Spread 0.03

XRP/USD

0.39 Price
-0.710% 1D Chg, %
Long position overnight fee -0.0500%
Short position overnight fee 0.0140%
Overnight fee time 22:00 (UTC)
Spread 0.00261

BTC/USD

16,973.20 Price
+0.090% 1D Chg, %
Long position overnight fee -0.0500%
Short position overnight fee 0.0140%
Overnight fee time 22:00 (UTC)
Spread 60.00

Natural Gas

6.21 Price
-8.960% 1D Chg, %
Long position overnight fee 0.0408%
Short position overnight fee -0.0658%
Overnight fee time 22:00 (UTC)
Spread 0.005

Unlike the recent auction Sotheby’s conducted of Bored Ape Yacht Club “101 Bored Apes” and “101 Bored Apes Kennel Club” lots, which sold for over $25m (£18.24)  combined, this collection is more modestly priced.

The primary piece, “Serendipity,” by Aoki and pplpleaser is the featured work on display at Sotheby’s New York headquarters and is currently bid at $42,000 (£30,650). Listed as Lot 101, “Serendipity” is 1080 x 1260 pixels and is transferred by Smart Contract 0xa27a7f8963cd32de837a58fabf94ad8430dfd975 on the Ether blockchain.

Additionally, “Fragments: Dreams of Color” by Raf Grassettin, “Continuum” by Krista Kim, “K1LLSCR33N” by Ness GZraphics and “In the Flesh” by KYT are currently on display, bid at a collective sum totalling $76,7000 (£55,973).

Live bidding for Lots 101 through 105 begins at 1:00 p.m. EDT on 30 September. Sotheby’s is accepting advance, absents, phone and online bidding.

Rate this article

Share this article

Capital Com is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as an investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risk.

Latest Cryptocurrency news

Still looking for a broker you can trust?

Join the 475.000+ traders worldwide that chose to trade with Capital.com

1. Create & verify your account 2. Make your first deposit 3. You’re all set. Start trading