Victor Langlois, a crypto owner who thinks “NFTs are the future,” is the youngest artist to have a sale at Christie’s.
A non-fungible token (NFT) representing the original source code for the World Wide Web written by its inventor Tim Berners-Lee was sold for $5.4 million at Sotheby’s in an online auction.
The NFT was created by the English scientist Berners-Lee this year, representing the ownership of various digital items he invented on the Web in 1989.
Berners-Lee called the decision to create an NFT as a “natural thing” to do when “you’re a computer scientist and when you write code.”
The NFT contained a 30-minute animated visualization of around 9,555 lines of code, a digital poster of the code, and a digital letter written by Berners-Lee in June 2021. The letter read,
“As people seemed to appreciate autographed versions of books, now we have NFT technology, I thought it could be fun to make an autographed copy of the original code of the first web browser.”
The final price for the NFT was $5,434,500, and half of its bidders were new to Sotheby’s. Cassandra Hatton, global head of science and popular culture at Sotheby’s said,
“We have placed it in a public forum, we have sold it at basically no reserve (the bidding started at $1,000), and we let the market decide what the value is going to be. There have been multiple bidders who have all agreed that it’s valuable.”
NFTs have exploded in popularity this year, with American artist Mike Winkelmann, known as Beeple, selling his artwork for nearly $70 million at Christie’s in March.
On Wednesday, a physical artwork and NFTs by 18-year-old transgender artist FEWOCiOUS was sold for $2.16 million at Christie’s.
The online auction called, ‘Hello, I’m Victor and This Is My Life,’ sold five lots by FEWOCiOUS, whose real name is Victor Langlois.
The five lots, which drew over 20 bidders, represent a year of Langlois’s life as he discovered his gender identity and transitioned from female to male between the ages of 14 and 18.
Langlois is the youngest ever artist to have a sale at Christie’s.
“I think NFTs are the future,” said Langlois, who also owns cryptocurrencies. “If you’re posting your art and sharing it with the world digitally, I think to offer a way for collectors to own it as a digital asset is just the next step.”