300 NFTs from celebrated digital artists up for grabs

  • Three Arrows Capital’s ‘Starry Night’ Collection to be auctioned in January
  • 300 nonfungible tokens (NFTs) from the collection
  • Previous Grails Collection by Three Arrows sold for over $20 million
  • Works by celebrated digital artists included
  • First auction online from Jan. 23-30
  • Estimated value and number of works not disclosed
  • Highlighted works include ‘The Garden’ by Otherworld and ’til death do us part’ by Alpha Centauri Kid
  • Proceeds from the auction to repay creditors of Three Arrows Capital

Three Arrows Capital’s highly anticipated ‘Starry Night’ Collection, consisting of 300 nonfungible tokens (NFTs), is set to hit the auction block in January. The collection, curated by Vincent Van Dough, follows the success of the previous Grails Collection, which fetched over $20 million in sales. Featuring works by renowned digital artists such as XCOPY, Otherworld, Alpha Centauri Kid, Kjeti Golid, and Alotta Money, the ‘Starry Night’ Collection is expected to attract significant attention from the digital art community. The first auction will take place online from Jan. 23-30, offering collectors a chance to acquire unique pieces. While the estimated value and number of works remain undisclosed, Sotheby’s has provided a glimpse of some of the offerings, including Otherworld’s reinterpretation of Karl Bryullov’s ‘The Last Day of Pompei’ and Alpha Centauri Kid’s ’til death do us part.’ The proceeds from the auction will be used to repay creditors of Three Arrows Capital, which is currently undergoing liquidation. Don’t miss this opportunity to own a piece of digital art history!

Public Companies: Sotheby’s (Unknown), Christie’s (Unknown)
Private Companies: Three Arrows Capital
Key People: Vincent Van Dough (Curator), Mike Winkelman (Artist (Beeple)), Michael Bouhanna (Head of Digital Art at Sotheby’s), Karl Bryullov (Artist), Alpha Centauri Kid (Artist), Grant Yun (Artist), Dmitri Cherniak (Artist)

Factuality Level: 7
Justification: The article provides information about an upcoming auction of digital art from the ‘Grails: Starry Night Collection’ and mentions previous sales of digital art by Sotheby’s. It also includes details about some of the artworks and their estimated prices. However, there is some irrelevant information about the liquidation of a fund and the freezing of assets, which is not directly related to the main topic of the article.

Noise Level: 3
Justification: The article provides information about an upcoming auction of digital art from the ‘Grails: Starry Night Collection’ and mentions the success of previous sales in the related Grails Collection. It also includes details about some of the artworks and their estimated prices. However, there is some irrelevant information about the liquidation of the fund that organized the collection and the freezing of the founders’ assets, which is not directly related to the auction.

Financial Relevance: Yes
Financial Markets Impacted: The article mentions the sale of digital art through auctions and private sales by Sotheby’s. It also mentions the liquidation of the Singapore-based 3AC fund and the freezing of its founders’ assets.

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article primarily focuses on the sale of digital art and the liquidation of a fund, which have financial implications.

Reported publicly: www.marketwatch.com