AUTOGLYPHS SET SELLS FOR RECORD $14.6M IN NFT SALE 

Autoglyphs have reached an unprecedented milestone, with their cumulative secondary sales surpassing $50 million, marking a significant moment in the history of blockchain art with this recent acquisition.

In a groundbreaking development, a complete set of 10 Autoglyphs was recently sold for 5,000 ETH, equivalent to approximately $14.6 million, setting a new record for the highest-priced NFT sale in the past two years and ranking as the fifth-largest on-chain purchase.

This historic sale was facilitated by Fountain.xyz, a renowned brokerage specializing in rare digital art. The buyer, who prefers to remain anonymous but hails from the traditional analog art scene, sees the Autoglyphs as akin to conventional art acquisitions and plans to exhibit them in museums and institutional settings in the future.

Represented by esteemed art advisor Amanda Schmitt, the buyer’s acquisition adds to the growing recognition of Autoglyphs as a prized collection for enthusiasts of generative art. Created by Larva Labs’ Matt Hall and John Watkinson, the Autoglyphs have quickly gained acclaim since their emergence nearly two years after the creation of CryptoPunks.

The set acquired in this sale, one of only seven and among the three directly curated and minted by Larva Labs, was previously part of the distinguished “Old School Collection.” Notably, Autoglyphs have been showcased at prestigious venues like Centre Pompidou and Sotheby’s, with pieces even donated to Centre Pompidou, underscoring their significance in the digital art realm.

With their unique on-chain generative art concept, Autoglyphs have cemented their status as coveted assets, evident in their secondary market performance exceeding $50 million. Launched in 2019, Autoglyphs represent a pioneering achievement in Ethereum blockchain art, with each artwork self-contained within the blockchain, ensuring its individuality and ownership. Produced by an optimized algorithm capable of generating billions of unique artworks, Autoglyphs ceased production after creating 512 glyphs, making them exclusively available on the secondary market.

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