ChainCatcher news, the famous auction house Sotheby's announced on Monday that the special edition "Genesis Cat" from the Ordinals NFT project Quantum Cat was sold for over $250,000. The "Genesis Cat" was created by digital artist FAR and received over 50 bids, ultimately selling for 6.31 BTC (which is 12 times the highest estimate).Previously, Taproot Wizards announced the Quantum Cat series based on Bitcoin Ordinals inscriptions, a project consisting of 3,333 images with a creation cost exceeding $66,000 on Bitcoin. The broader auction for the series is scheduled for January 29. It is reported that the Quantum Cat series aims to pay tribute to early code in the Bitcoin network known as concatenate or OP_CAT.

ChainCatcher news, Sotheby's digital art department announced its first auction of Bitcoin Ordinals artworks, featuring pieces from the anonymous artist Shroomtoshi's Bitcoin Ordinals project BitcoinShrooms. The auction will take place from December 6 to 13 local time, with three pieces available for bidding.It is reported that the series includes two mushroom individuals and a pixelated avocado seed, named BIP39------the common standard for the mnemonic code required to create seed phrases. These three pieces are expected to sell for around $20,000 to $30,000, although the auction house also accepts bids in cryptocurrency.

ChainCatcher news, Sotheby's sold 500 pieces of generative art in less than an hour, with total sales reaching $1.2 million. Each piece of generative art was created by artist Vera Molnár and is titled "Theme and Variations," and was minted immediately after purchase.Additionally, after the auction was completed, the trading volume in the secondary market reached 400 Ether (approximately $754,000) within a few hours. (source link)

ChainCatcher news, Sotheby's Vice President and Co-Head of Digital Art Sales Michael Bouhanna tweeted that Sotheby's has completed the auction of the third part of the Grails series, with a total of 17 lots sold for over $1.2 million, with the highest-selling pieces being Fidenza, CryptoPunk, Ringers, and Seerlight.

ChainCatcher news, according to CoinDesk, Sotheby's will hold the second auction of Three Arrows Capital NFT collectibles on June 15, featuring 37 works by artists such as Dmitri Cherniak, Tyler Hobbs, and Jeff Davis.Highlights of this batch of NFTs include Cherniak's Ringers #879, a groundbreaking generative art piece, which is referred to as "the goose" due to its resemblance to birds. In August 2021, Three Arrows Capital co-founders Su Zhu and Kyle Davies purchased this collectible for approximately 1,800 ETH—worth about $5.8 million at the time. (source link)

ChainCatcher news, Sotheby's concluded an auction this Friday for several rare NFTs seized from the bankrupt crypto hedge fund Three Arrows Capital (3AC), bringing in $2,482,850 to offset some of its lost funds. It is reported that Sotheby's referred to the contents of the Grails collection as "one of the most important digital artworks of all time."The NFTs in this auction round included generative artworks such as Tyler Hobbs' Fidenza #725 and Dmitri Cherniak's Ringers #375. Autoglyph #187 and CryptoPunk #1326, created by Larva Labs, were also included in this auction. The highest-priced NFTs in Grails Series Part 1 were Fidenza #725, estimated to sell for $120,000 to $180,000, and Autoglyph #187, also estimated to sell for $120,000 to $180,000. The NFTs sold for $1,016,000 and $571,500, respectively. (source link)

ChainCatcher news, Sotheby's auction house has launched the on-chain NFT secondary market Sotheby's Metaverse, allowing collectors to trade directly on its platform. The system will integrate Ethereum and Polygon networks, enabling users to make payments using ETH or MATIC.Sotheby's Metaverse will continue to pay artists' royalties through smart contracts on the platform, which will automatically pay artists based on the on-chain royalty rate chosen by the artist. (Source link)

ChainCatcher news, ConstitutionDAO announced that it will participate again in the auction of the Sotheby's copy of the U.S. Constitution. This time, it will learn from the previous failure of the auction due to the public disclosure of the total funds raised, and the fundraising will be divided into two methods: public donations and private donations. Donating 0.1 ETH will mint 1 NFT, which will serve as a refund voucher in case of a failed bid.At the same time, it stated that considering the second fundraising may not issue tokens, the donation enthusiasm may be far less than the first time (which raised 47 million dollars in a week). (source link)