Canadian Musician Sells A Mammoth $5.8 Million Worth Of Tokenized Art In Less Than 20 Minutes On Nifty Gateway
Canadian Musician Sells A Mammoth $5.8 Million Worth Of Tokenized Art In Less Than 20 Minutes On Nifty Gateway
March 3, 2021
Canadian Musician Sells A Mammoth $5.8 Million Worth Of Tokenized Art In Less Than 20 Minutes On Nifty Gateway
Canadian Musician Sells A Mammoth $5.8 Million Worth Of Tokenized Art In Less Than 20 Minutes On Nifty Gateway
March 3, 2021

Claire Elise Boucher, also known as “Grimes,” the Canadian musician and visual artist, and the wife of Tesla CEO Elon Musk, has sold a mammoth $5.8 million worth of tokenized art in less than 20 minutes on Nifty Gateway.

It has been reported that on February 28, the popular musician launched her debut NFT collection, “WarNymph,” in collaboration with her brother, digital artist Mac Boucher.

However, the collection takes elements from mythology and futurism to create the “Oth3rkin universe,” with Grimes’ WarNymph collection comprising a goddess who battles obsoletion and future decay within a fictional realm.

The listing on Nifty Gateway stated:

“WarNymph is the Goddess of Neo-Genesis. She battles the destructive force of obsolete ideas and systemic decay that threatens the future. She embodies the power of perpetual regeneration that manifests in a state of infinite infancy where she sheds her old skin of corruption.” 

Likewise, the collection included four drawings sold by open draw, three images sold through a silent auction, and a regulator auction for a single one-of-a-kind multimedia piece. Each of the artworks depicts angelic infants, often featured in dystopian scenarios invoking themes pertinent to popular cultures, such as an incubator reminiscent of The Matrix, and a monolith that invokes The Planet of the Apes. 

The four open editions tokenized drawings were priced at $20 and limited to 100 copies each, with the buyers of each piece being chosen through a random draw. More than 13,000 people signed up for each open draw. The silent auctions, which allowed bidders to anonymously vie for one of 10 copies of three artworks, fetched prices from $77,000 to $111,000, despite minimum bids starting at just $1,000.

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As per the sources, the most-expensive NFT sold was “Death of the Old,” an animation depicting flying infant angels circulating a glowing white cross that is accompanied by an exclusive demo track from Grimes. The piece was sold through a regular auction, with the winning bidder paying nearly $389,000 for the one-of-a-kind artwork.

After her tokenized art debut, Grimes has become the top-performing musician in the NFT industry to date, as the musician also teased further drops that will be released as she continues to develop the Oth3rkin universe.

She also noted that a portion of the proceeds will go to Carbon 180, an NGO dedicated to reducing carbon emissions.

Thus, Grimes’ debut follows moves from other celebrities to embrace NFTs, such as entrepreneur Mark Cuban, actress Lindsay Lohan, vocalist of rock band Linkin Park, Mike Shinoda, and former MLB player, Micah Johnson.

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Source: Cointelegraph | Image: Unilad | Pinterest


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Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with experience of 1.5 years. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Her interest lies in blockchain technology and cryptocurrency space. She loves writing about blockchain and other blockchain-related articles.