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Super Mario NFT sells- Between December 6 and 13, Sotheby’s New York hosted its first inscription auction, successfully closing with nearly $451,000 raised. The online sale featured select BitcoinShrooms from the Bitcoin Ordinals project by Shroomtoshi, as detailed on the company’s website.
- Every intricately crafted and pixelated piece in this collection serves as a masterful and playful guide, weaving together the nuanced tapestry of Bitcoin’s history, culture, and core technicalities.
The auction showcased three images from the unreleased pixelated collection, seemingly drawing inspiration from Super Mario.
The super Mario featured pieces include the S shroom, where the “S” symbolizes Self-Sovereignty, the Sovereign Individual, and the BIP39 seed, the foundational source from which all Bitcoin addresses and their corresponding private keys are ultimately derived.
Initially estimated at $20,000-30,000 for each piece, these digital artworks have garnered significant attention and interest from collectors and enthusiasts alike.
Super Mario NFT rocks @Sothebys's auction, fetching $240K+.
— Alice james (@alicejamess01) December 15, 2023
The event closes with a grand total of nearly $451,000.
Gaming meets art in a digital win🔥#NFT #SuperMario pic.twitter.com/n9puh0iiQw
- The S-shroom achieved an impressive sale price of $241,300, surpassing the initial estimate and contributing significantly to the overall success of the auction.
- The Sovereign Individual, another standout piece from the collection, fetched a notable sum of $107,950, further adding to the remarkable results of the auction.
- The BIP39 seed, a central element in the Bitcoin ordinals project, garnered considerable attention and secured a sale price of $101,600.
- The combined total for the three digital artworks reached an astonishing $450,850, marking a remarkable fivefold increase over the highest total estimated price of $90,000.
- The success of this auction underscores the growing value and demand for unique, digital collectibles within the NFT space, particularly those that blend creativity with elements of cryptocurrency culture and history.
A Pixelated Journey Through Bitcoin’s 13-Year History: Sotheby’s Super Mario Auction Showcases NFTs Inspired by the Cryptocurrency
Shroomtoshi, as characterized by Sotheby’s, is not just a technically adept digital artist but also a trailblazer in the flourishing Ordinal ecosystem, showcasing an encyclopedic understanding of Bitcoin.
In his reflections, the artist conveyed, Super Mario
The BitcoinShrooms collection acts as a pixelated retrospective covering the initial 13 years of Bitcoin, paying homage to the 8-bit art style that subtly evokes nostalgia for the ’90s. It serves as a method to imprint my art on tens of thousands of SSDs globally (-> next-level cyber-vandalism), functioning as a tool to promote awareness about Bitcoin and what I perceive as its fundamental principles.
It represents an ironic expression of frustration toward what I see as the annoying pop elements and aberrations within Bitcoin. Additionally, it stands as a token of gratitude to those I collaborated with and learned from, as well as a tribute to those no longer present but should not be forgotten. The collection encapsulates condensed knowledge and offers a journey for the curious.
Ordinals represent the non-fungible tokens (NFTs) on the Bitcoin ledger.
It’s worth noting that the terms ‘inscriptions’ and ‘ordinals,’ while often used interchangeably, carry distinct meanings. An ordinal refers to the asset itself—the unique, serialized satoshi that its owner can transfer. On the other hand, an inscription denotes the encoded media content embedded within the ordinal.
Sotheby’s has been actively involved in the NFT space. In June, the auction house successfully auctioned digital collectibles from the bankrupt Singaporean crypto hedge fund Three Arrows Capital (3AC), fetching a total of $10.9 million. Additionally, in May, Sotheby’s introduced an NFT secondary marketplace, enabling users to purchase curated NFTs on the Ethereum and Polygon networks.
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