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Ethereum co-founder Vitalik Buterin, dressed as a medieval harlequin leaning against a velvet chair, stares at the viewer in the distance, until he’s splashed into the sky as ether’s price flashes across the screen. Ethereum is growing, the image suggests.
A programmable version of the scene just described hit records this weekend, when a non-fungible depiction sold for 260 ETH, or about $ 141,536.20. According to one of the painting’s co-creators, Trevor Jones, he is the highest paid, in dollar terms, for a work of crypto art to date.
It is not the average NFT. A collaboration between crypto artists Jones and Alotta Money, the digital painting EthBoy, an ironic reference to Ethereum co-founder Buterin, uses a new programmable technology called “layering” to make up for itself on a daily basis.
More than property. Twitter user Maxstealth is now the owner of the unique painting, after a one-day auction. The sale can be viewed here. But it’s more of a collector’s item, as the painting’s unique features continue to generate revenue for the owner and creators.
Jones’s year. Jones made headlines earlier this year for his record-breaking (at the time) release of Picasso’s Bull. Last month, his Batman-themed Genesis launch on MakersPlace sold for 302 ETH. While EthBoy only brought 260 ETH, below Async the biggest sale of 263 to date, it is probably the highest paid for a digital painting, from a price point of view.
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