Renowned auction house Christie’s recently sold another NFT digital and physical artwork piece for a hefty price tag of nearly $450,000.
On Feb. 28, Christie’s announced the auction of Tyler Hobbs’ “Fidenza #724” for a realized £365,400 (approx. $440,000).
The piece is part of a wider collection of 999 NFTs. Christie’s described it as “channeling inspiration from art history and nature into innovative computer code.”
Tyler Hobbs is a software engineer as well as an artist. Speaking on generative art and NFTs, he said:
“I see code becoming a standard tool for artists. It’s just way too powerful to ignore.”
Generative art is a new paradigm in the art world that, in whole or in part, has been created with the use of an autonomous system. Hobbs uses computer algorithms to generate his work.
Source: https://beincrypto.com/christies-auctions-fidenza-nft-440000-amid-digital-art-resurgence/