Sotheby’s first Ordinal Digital Poetry Auction sold for 0.23 BTC

Poetry works by Bitcoin Ordinals

The long-established auction house Sotheby’s held an auction for the Bitcoin (BTC) NFT (non-fungible token) project “Ordinals” until the 22nd. Among them, a digital poem was sold for 0.28 BTC (approximately 1.8 million yen).

Michael Bouhana, head of digital art at Sotheby’s, said “Cord” is the first time Sotheby’s has sold a poem by an individual, excluding manuscripts and books.

#AuctionUpdate: ‘Cord’ by @CaballeroAnaMa achieves $11,430 (0.28 BTC).
Accompanying the digital piece, the collector of ‘Cord’ will also receive a signed print of the poem. pic.twitter.com/UdltWiQfoK

— Sotheby’s Metaverse (@Sothebysverse) January 22, 2024

This work is by humanities scholar and poet Ana Maria Caballero. In addition to the Ordinal, buyers will also receive a signed print of the poem.

Caballero said the auction sale of “Code” is “a great opportunity to make a statement that words, language and poetry have value in and of themselves.” He goes on to say that his works do not have accompanying music or images, indicating that the poems themselves are works of art.

She continued that the theme of this poem is motherhood, which is especially meaningful in the field of crypto assets (virtual currency), which tends to be male-dominated. Caballero said the auction for “Code” received more than 40 bids.

The sale of “Code” was held as part of an event entitled “Natively Digital,” in which Sotheby’s selected ordinals were sold.

connection: What is the current status of Bitcoin Ordinal and its competitors, which continue to attract investor interest, and the BTC ecosystem?

Far’s art sold for 37 million yen

Natively Digital, held by Sotheby’s from January 12th to 22nd, also featured artists such as FAR, XCPinata, Nullish, Rudxane, Jennifer and Kevin McCoy, Popoki, Shroomtoshi, Des Lucréce, and Claudia Hart.

Lot 4 – FAR for Taproot Wizards, Genesis Cat, 1/1

Genesis Cat is the only 1/1 artwork within the Quantum Cat collection. Quantum Cats will be the first public collection released by the legendary Bitcoin Ordinals brand Taproot Wizards. The Quantum Cats aim to inspire a new… pic.twitter.com/Do3nWNvsDS

— Michael Bouhanna (@michaelbouhanna) January 12, 2024

One of the ordinals from Far’s “Quantum Cats” collection sold for more than 37 million yen ($250,000) during the auction. FAR said he invited Caballero because he thought the theme of this curation should be genealogy in blockchain.

Shroomtoshi, one of the event participants, was also an artist featured when Sotheby’s held its first Ordinal auction last December.

connection: Sotheby’s holds first auction of Bitcoin version of NFT “Ordinals”

NFT auction will be held from 2021

Sotheby’s has been conducting NFT auctions since 2021. Cumulative sales in 2021 reached approximately 11.4 billion yen.

connection: Long-established auction house “Sotheby’s” will sell more than 10 billion yen in NFT in 2021

Additionally, in June 2023, Dmitri Cherniak’s generative art NFT “The Goose” was sold for approximately 880 million yen. Generative art is an art that was born in the 1960s and uses computers to express patterns and the texture of objects.

connection: Generative art NFT “The Goose” becomes the second-highest-selling item in history at Sotheby’s auction

Stock market special feature

The post Sotheby’s first Ordinal Digital Poetry Auction sold for 0.23 BTC appeared first on Our Bitcoin News.