{"id":18969,"date":"2023-05-31T15:59:58","date_gmt":"2023-05-31T15:59:58","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/art\/3ac-grails-round-two-sothebys-to-host-largest-ever-live-auction-of-digital-art\/"},"modified":"2023-05-31T16:00:06","modified_gmt":"2023-05-31T16:00:06","slug":"3ac-grails-round-two-sothebys-to-host-largest-ever-live-auction-of-digital-art","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/art\/3ac-grails-round-two-sothebys-to-host-largest-ever-live-auction-of-digital-art\/","title":{"rendered":"3AC Grails Round Two: Sotheby\u2019s to Host Largest Ever Live Auction of Digital Art"},"content":{"rendered":"
It seems the Sotheby\u2019s x Three Arrows Capital (3AC) saga isn\u2019t over. Because on May 31, as collections from generative art platform Art Blocks continue to surge, the famed auction house announced plans for a new extensive live auction of significantly important generative NFTs compiled from the now-defunct Singapore-based crypto hedge fund.<\/p>\n
Set to take place on June 15, this second 3AC auction will feature a substantial roster of 37 NFTs from the Grails \u2014 making it, as Sotheby\u2019s puts it, the \u201clargest ever live auction of digital art.\u201d Anticipated to fetch in excess of $5 million, the sale will consist of a selection of primarily generative art NFTs from a variety of artists, including major Web3 players credited with pushing digital art into mainstream awareness.<\/p>\n
This announcement follows Sotheby\u2019s previous sale of seven works from Grails during the Contemporary Day Auction on May 19. During that sale, works sold for a combined total of $2.5 million, with Tyler Hobbs\u2019 Fidenza #725 and Autoglyph #187 reaching $1.02 million and $571,500, respectively.<\/p>\n
In this latest auction, works from generative pioneers like Dmitri Cherniak and Hobbs will again be on display, this time alongside pieces from a wider range of artists who have been making significant strides in the digital art field, including Jeff Davis, Kjetil Golid, Matt DesLauriers, Deafbeef, Hideki Tsukamoto, and more.<\/p>\n