Damien Hirst’s NFT Initiative, Which Asks Buyers to Choose Between a Digital Token and IRL Art, Has Already Generated $25 Million
PhilNote: The state of the art market - the artwork is just the platform for the performance art of the deal.
"One recent sale, for the work A Way of Life, was originally listed 10 days ago on the secondary market by its owner, who goes by @Quality, for 18.88 Ethereum (over $60,800). Finding no takers, it was re-listed a day later for 8.8 Ethereum (or $28,500). At that price it was sold 8 days ago for 8.49 Ethereum ($27,200) to @syzygyfinance, which re-listed A Way of Life just two days later for 14.8 Ethereum (or $47,800).
Today @syzygyfinance adjusted its asking price down to 9.75 Ethereum ($31,300). It sold at that price to @liquiddyor, meaning @syzygyfinance realized about $4,000 in profit on the flip."
See the full story here: https://news.artnet.com/market/damien-hirst-nft-update-2002582
