10101.art Announces The First Banksy NFT SaleĀ 

Dubai, UAE, Nov 28, 2023, ZEX PR WIRE, 10101.art disrupts the conventional NFT market by announcing a unique Banksy art sale, where each NFT is directly linked to a physical piece of Banksyā€™s artwork. This distinctive approach not only redefines the authenticity and value of art-based NFTs but also marks a significant difference from the numerous digital-only Banksy representations previously seen in the blockchain space.

Why Banksy Stands Out

Banksyā€™s art stands out not just for its controversial and often politically charged content, but also for its exceptional performance in the art market. For instance, in June 2021, the average annual sold price of Banksy prints was Ā£64,794, indicating robust interest in Banksy pieces.

His first official solo exhibition in 14 years, held at Glasgowā€™s Gallery of Modern Art, broke box office records, attracting 180,000 visitors during its 10-week run. This level of public engagement is proof of Banksyā€™s widespread appeal and the significant interest in his work.

The financial performance of Banksyā€™s art at auctions further solidifies his status in the art world. At Christieā€™s Auction, Banksyā€™s screenprints have sold for prices ranging from Ā£7,500 to as high as Ā£475,000, highlighting the considerable value ofĀ  his prints.Ā Ā 

NFT Market: A Resilient Comeback

The NFT sector is witnessing a comeback. Key indicators include Disneyā€™s plan to launch an NFT platform by late 2023, signaling a leap toward mainstream adoption. Furthermore, recent high-value sales such as EtherRock NFTs and Bitcoin Rock Ordinals, each garnering over $100,000, reflect a market regaining momentum. Data from CryptoSlam reinforces this trend, revealing almost a 100% uptick in NFT sales within the last 30 days at the moment of writing this article. These metrics paint a clear picture: the NFT market is not just surviving; itā€™s thriving. And now itā€™s a good moment to pay attention to it again.Ā 

10101.artā€™s Approach

10101.art is redefining art ownership, including Banksyā€™s works. Their approach is straightforward yet revolutionary: linking each NFT to a real piece of Banksyā€™s art.Ā 

Unlike previous attempts where Banksyā€™s art was either destroyed to create a digital version or simply copied as NFTs without tangible asset backing, 10101.art ensures each token is directly linked to a physical fragment of Banksyā€™s artwork. This method guarantees ownership of an actual piece of art, merging the tangible value of rare paintings with the digital evolution of blockchain.

For their first major sale, 10101.art offers fragments of Banksyā€™s ā€œTurf War,ā€ a piece depicting Winston Churchill. So anyone can buy a fragment of an original Banksy art print backed by a unique DeFi protocol and an exhaustive legal framework. This makes the often unattainable Banksy art accessible to a broader audience. The process involves offline inspection, authentication, and legal registration, ensuring that each fragment owner becomes a legally approved co-owner of the art piece.

Banksyā€™s ā€œTurf Warā€ Pre-Sale: Timely Opportunity

10101.art is gearing up for an exciting pre-sale event featuring Banksyā€™s ā€œTurf War,ā€ starting November 27th, with prices beginning at just $60. Unlike previous sales where Banksyā€™s art was either digitized or replicated without physical links, 10101.art ensures each purchase is connected to a fragment of authentic Banksyā€™s print.Ā 

As the pre-sale approaches, art enthusiasts and Banksy fans are invited to join the waitlist, entering a world where owning a Banksy is no longer a distant dream but a reachable reality.Ā 


Contact 10101.art:

Website: https://10101.art/Ā 

Telegram: https://t.me/gallery10101Ā 

Twitter: https://twitter.com/10101_artĀ 

Discord: https://discord.com/invite/10101art

Instagram: https://instagram.com/10101.art?igshid=MzMyNGUyNmU2YQ==

Ā 

The Post 10101.art Announces The First Banksy NFT SaleĀ  first appeared on ZEX PR Wire



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