Alexis Christodoulou sells Instagram-famous architectural renderings as NFTs
Alexis Christodoulou has become the latest 3D artist with a cult social media following to sell his renderings online as part of an NFT auction.
Under the title Homesick, the sale encompassed nine looped, animated videos of different dreamscapes that merge the built and natural environment.
Each was linked to a non-fungible token (NFT) to verify its authenticity using blockchain technology.
The collection sold for a combined total of nearly $340,000 via crypto art marketplace Nifty Gateway, with the most expensive virtual artwork fetching $17,000.
Top: Backyard was among the auction's one-off pieces. Above: 3AM will be sold as a limited edition of five pieces.
The news comes shortly after fellow Instagram-famous rendering artist Andrés Reisinger put ten pieces of virtual furniture under the hammer as NFTs last month. Together, they sold for almost $70,000. NFTs effectively act as authenticity certificates that are linked to virtual artworks and recorded on a blockchain, much like a cryptocurrency transaction, to confirm their origin and ownership.
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A post shared by Alexis Christodoulou (@teaaalexis)
The technology is making it possible for renderings like Christodoulou's, as well as art or fashion that only exists in the digital world to be collected and traded, sparking a flurry of high-profile auctions.
Last week, Christie's became the first major auction house to sell a purely digital NFT art...
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