Five unique NFTs were minted from Andy Warhol artworks stored on old floppy disks and auctioned off at Christie’s.
Late last month Christie’s completed its most recent NFT auction – a collection of five Andy Warhol digital artworks stored on floppy disks from 1985.
The sale of the collection raised an eye-watering $3,377,500 for The Andy Warhol Museum to support initiatives for working artists in America, and provide emergency funds for artists affected by the pandemic.
Related | Gucci Unveils Its First NFT Auction At Christie’s
The collection, named “Andy Warhol: Machine Made” presented five unique NFTs of artworks that were originally created in a Paint program on Warhol’s Commodore Amiga PC in 1985 and saved on floppy disks.
The original files were previously recovered in 2014 from the obsolete storage disks, and they have now been brought back to life in their final form – NFTs minted by The Andy Warhol Foundation for the Visual Arts.
No other NFTs will be minted from these five digital works restored from Warhol’s originals. The collection includes two self-portraits, his signature flower, Campbell’s soup can motifs, and a rendering of a single banana on a blue background.
With the Christie’s Encrypted section of the historic auction house, artists have found a welcoming new medium to reach some of the most prominent global collectors.
Since the sale of its first NFT in March, which saw Beeple’s artwork raise almost $70M, Christie’s has hosted a series of successful auctions dedicated to innovative digital artworks, such as Gucci’s “Proof of Sovereignty.”
You might also like
More from Tech
YouTube Is Testing AI-Generated Video Summaries
YouTube has recently started testing a new feature that automatically generates summaries of videos using AI.
YouTube Is Adding AI-Powered Dubbing
YouTube is integrating the team from Aloud to help you dub your videos in other languages with the help of …
New VEED AI Tool Helps You Fix Your Gaze In Videos
How many times have you struggled to keep eye contact with a camera when filming a video and reading off …
Apple Will Automatically Assign You An Apple ID Passkey With iOS 17 And macOS Sonoma
Apple will automatically assign each user a passkey so they can log into Apple accounts without needing a password. Passkey allocation …
IKEA Used AI To Create A Couch That Can Fold Like An Envelope
A design lab affiliated with IKEA used AI to design a couch that only weighs 22 pounds and can fold …
5 Long-Awaited Features Apple Is Finally Bringing To The iPhone With iOS 17
At WWDC 2023, Apple introduced several new features that will come with the release of iOS 17. Here are the …
Leaked: Instagram Is Working On An AI Chatbot
Images leaked by app researcher Alessandra Paluzzi show that Instagram is working on an AI chatbot. According to the images shared …