Christie’s to auction artwork by 18-year-old trans artist FEWOCiOUS in the form of non-fungible tokens (NFTs), he said on Monday, as the world’s leading auction houses increase their NFT sales.
An NFT is a form of cryptographic asset, which records the ownership of a digital object such as an image, video, or text. Although everyone can see the object, only the purchaser of a TVN has official owner status.
FEWOCiOUS – real name Victor Langlois – has five lots for sale, each representing a year of his life as he discovered his gender identity between the ages of 14 and 18.
They will be sold at Christie’s from June 23 to 30, during an online auction titled “Hello, I’m Victor (FEWOCiOUS) and This Is My Life”, which coincides with Pride Month.
Each bundle consists of a video work that exists only in digital form, sold as an NFT, a set of doodles, drawings and diary entries of the corresponding year in physical and NFT form, as well as ‘a purely physical painting.
FEWOCiOUS, who started making art at the age of 13, said digital art was a refuge and escape from his conservative home where he had to hide.
Its NFT sales to date have reached over $ 18 million (around Rs. 130 crore), Christie’s said. He sold his first NFT in 2020 for just $ 1,000 (around Rs 73,200).
NFT sales gave FEWOCiOUS the funds to leave his childhood home in Las Vegas, he said. He now lives in Seattle.
“I put all my heart into it, so I’m just happy someone is seeing it,” he said.
“I hope other trans kids or adults can see that and say to themselves, wow, this is another person who did something cool – because I remember being little and seeing of trans people being successful and feeling so seen and validated. “
NFTs exploded in popularity in early 2021. An NFT grossed $ 69.3 million (around Rs. 510 crore) at a Christie’s auction in March, the very first sale by a major house. of sales of a work of art that does not exist in physical form.
Since then, Christie’s and the Sotheby’s auction house have organized several NFT sales.
© Thomson Reuters 2021