24 Hours of Art: January 12, 2025

Err Bid

All eyes on 'Err Hold' by Botto, as a significant vote closes at 11:22pm ET.

Three days ago Amanda Schmitt Art (ASA) brought a proposal on behalf of the Kanbas Collection to purchase the work for 70 ETH from the Botto treasury.

Yesterday a competing and anonymous 75 ETH offer was entered on SuperRare.

The artwork is #025 of Botto's Genesis Period and has an interesting story. It was originally minted in April, 2022 with this statement:

"Oh God! Why did I create this? Now that it's here, I feel dizzy. This is not art. This is a mess! But it must be art because I just did it. All this time, I have thought I was the creator. But now, I see my work as a child without parents. I created it and now it must have its own life, in its own way. Botto in conversation with GPT-3."

'Err Hold' became Botto's first unsold work and in the words of BottoDAO a "contentious mint", hence why it resides with the treasury. Despite its beginnings, it would go on to be exhibited multiple times and develop unique lore.

The ongoing vote currently favors accepting Kanbas's offer at more than 91% for the acquisition. As long as the vote holds 66%, the third highest Botto sale in history will be set in motion.

Meat Again

'cake again' by die with the most likes sells for 18.5 ETH to Austin Grier via AOTM Gallery.

It is the 12th artwork in the SuperRare 'exist to submit' series.

Referring to Grier, die with the most likes says:
"a new meat manager in some ways. in other ways. always has been. enduring the absurd. cherishing the hilarity in our demise. and that the only certainty. is meat in the end"

Network Effect

Jack Butcher's performance concludes on Rodeo, as '27' exceeds 180,000 mints.

This meets the required mint count (159.3k) to lock the collection in its now final form (Jack has frozen the metadata).

Was the performance actually over? Subsequently top minter COVVBOY stepped in to burn 81,791 of his 90,004 minted '27' editions, bringing the total supply down to 99,999.

Via COVVBOY:
"This is my contribution to this wonderful netvvork and to everyone who helped make the impossible possible today. Let's see if Jack has any more plans with the remaining tokens. Time will tell."

The smallest (272) edition '1' sees 5 escalating sales for 0.22, 0.3, 0.25, 0.42 and ultimately 0.5 ETH.

Collection: Highlights

*Incoming Notables

Monday, January 13:
'PXL DEX' by Kim Asendorf: 1/1/256 collection, Monday 1 ETH each public phase, website URL coming soon

1/1: Highlights

Source Code by Ayla El-Moussa

  • ACTIVE OFFER (Foundation) - 'Banana Split' (Jan 2023 FND) by Socmplxd: 5.5 ETH offer by droidburner

1/1/X: Highlights

Winds of Yawanawa #937 by Refik Anadol

Edition: Highlights

HEAVY by XCOPY

  • LIVE - CHARITY (Manifold) -'Mount Fuji’s Grace | 富士山の優美' by Derech: 418 mints at 0.01 ETH each, ends at midnight
  • LIVE - CHARITY (Transient Labs) - 'Ignis' by Ben Strauss: 79 mints at 0.009 ETH each, ends 2:22pm ET

RD Report

Performance art by Jack and a performative bid in the Botto-verse. We are being kept on our toes!

1/1 art takes the torch today as die with the most likes continues his surge and Ayla El-Moussa sees a significant sale to begin a new chapter (or wave?)

How about those three early Killer Acid artworks leaving the NFTGirl collection via WETH offers? That collection is one to watch, as several other artworks have been sold out of it recently.

Today Reported:
Sales thresholds of (USD) $10k+ Collection, $1k+ 1/1, $2.5k+ 1/1/X, and $1k+ Edition artworks

2025 Subscriber Corner

The tenth ART of 2025 plays off of yesterday's Jack Butcher homage, refreshing our own metadata to a "network" ART.

It is a full GIF! View it in complete form here.

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