Auction House of Gucci: Christie’s Teams Up With Luxury Brand on NFT Collection

1 year ago

256-year aged auction location Christie’s is teaming up with luxury manner marque Gucci to merchandise a integer creation non-fungible token (NFT) collection.

Titled “Future Frequencies: Explorations successful Generative Art and Fashion,” the postulation features 21 NFTs created by artificial quality (AI) creator Claire Silver, generative creator Emily Xie, decentralized autonomous creator Botto and more. The auction, which volition instrumentality spot connected the auction house’s integer creation level Christie’s 3.0, opens for bidding connected July 18 and closes July 25.

The NFT postulation draws inspiration from Gucci textiles, colour palettes and its Bamboo 1947 postulation – an iconic bid of handbags with the brand’s signature bamboo handle. Employing generative systems including algorithms and AI, the postulation aims to assistance grow creativity done the intersection of art, manner and technology.

Sebastian Sanchez, Manager of Digital Art Sales astatine Christie’s, told CoinDesk that the collaboration inspires some artists and the manner manufacture to pat into Web3 technologies.

“My extremity with this auction is to amusement the intersection – it’s a spectrum close now,” said Sanchez. “There are truthful galore generative artists who are moving with studies connected textiles, garments, patterns, and past you person radical really doing literal 3D garments and what we're presenting is everyplace successful betwixt those ranges.”

Sanchez added that partnering with Gucci makes the postulation particularly poignant, and invites some creation collectors and manner lovers to research the interwoven themes of the art.

“The Gucci sanction has specified a power, and they person their ain assemblage and a proven grounds that their assemblage is astir apt precise antithetic from ours,” said Sanchez. “That to maine is benignant of wherever the quality successful our collaboration lies – Christie's is an creation adept and Gucci is simply a manner expert, and we're benignant of similar close successful the middle.”

Claire Silver, pseudonymous NFT creator who recently kicked disconnected her solo-show astatine marketplace SuperRare’s NYC gallery spoke astir the 2 works she created for the collection.

“Combining AI, 3D, film, and precocious mathematical functions with antique paintings and tapestries from China, Japan and Eastern and Western Europe, some works are intended to observe the epoch of AI: the sophistication of experience, the guiltless joyousness of the new, the extent of taste heritage, and the airy of the future,” said Silver.

While Christie’s has been heavy successful the Web3 abstraction since its record-breaking $69 cardinal merchantability of creator Beeple’s “EVERYDAYS” NFT successful March 2021, Gucci has been dilatory increasing its beingness successful its integer manner and creation endeavors. In February 2022, the marque purchased onshore successful metaverse The Sandbox to make the Gucci Vault, its integer acquisition venue. In June 2022, it invested $25,000 successful SuperRare’s autochthonal RARE token to articulation the marketplace’s decentralized autonomous enactment (DAO) and motorboat its “Vault Art Space” to showcase NFT art. Earlier this year, the marque announced a partnership with Yuga Labs to bring precocious manner to the Otherside.

Edited by Toby Leah Bochan.

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