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Sir Tim Berners-Lee, the inventor of the World Wide Web, sold the NFT of the network source code at an art auction house for $5.4 million Sotheby’s.
The work entitled “This Changed Everything” includes a time-stamped file with 9,555 lines of source code, high-fidelity images, a 30-minute animation of the code being written, and a letter written by Berners-Lee.
Although US$5.4 million is not a small amount, it is Beeple’s Everydays set a record of $69 million in March And less than some observers predicted. Piers Kicks of Delphi Digital stated that he expects sales to be approximately $10 million, noting that:
Well, it only sold for $5 million.
Of course, Internet memes are more than that…https://t.co/WHPhNFY1LY
-Pierce Kicks (@pierskicks) June 30, 2021
According to Berners Lee, he and his wife will donate the auction proceeds to a cause supported by the family.
in a Statement to the press Berners-Lee, published by Sotheby’s, discussed the future of the Internet and expressed the hope that the Internet will remain open so that it will become a source of creativity, technological innovation and social change. These ideals are the inspiration behind Berners-Lee’s entry into the NFT field. He said:
“NFT, whether it is an artwork or a digital product like this, are the latest interesting creations in this field, and the most appropriate method of ownership. They are the ideal way of originating behind the packaging network.”
related: The hype is over: how NFTs and art will benefit from each other
The high-profile auction of online source code is not the only multi-million-dollar digital art auction held by top auction houses this week. On June 30th, Christie’s auction house completed the auction of the transgender digital art FEWOCiOUS for $2.1 million.
NFT”Hello, I’m FEWOCiOUS, this is my life,“Includes five separate works, each of which depicts the year when the artist transitioned from 14 to 18 years old to male. These works show the artist’s struggle with loneliness and identity in the process of becoming an artist.
I am at a loss now. Thank you very much for making me feel so loved. Believe in my art and believe in me, it means the world ❤️ I will never forget this feeling or the past few weeks #FEWOCIOUSxCHRISTIES forever and always pic.twitter.com/1BYNXX2SPN
— FEWOCiOUS (@fewocious) June 30, 2021
The career trajectory of young artists demonstrates the upward mobility the digital market provides for digital artists. FEWOCiOUS conducted his first tokenized sale on the SuperRare market at a price of US$6,000 in September last year, and soon began selling art Worth more than $1 million On the beautiful gateway.
Data provider Cryptoart.io It shows that total sales in the digital art market fell from a peak of US$205 million in March to US$18.3 million in June. Sales of Nifty Gateway, a market under Winklevoss, fell from a peak of US$145 million to US$7.6 million, a 94% drop.
Some digital asset platforms are booming. The sales of hic et nunc, a newcomer in the digital art field, increased from US$717,000 in March to US$2.7 million in June, an increase of 276% and a 14.7% market share.
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