99-year-old Hungarian artist’s computer generated NFTs sold for $1.2M By Cointelegraph

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Computer-generated nonfungible tokens (NFTs) created by Hungarian artist Vera Molnár in collaboration with Martin Grasser sold out during Sotheby’s Dutch auction for 631 Ether (ETH), or around $1.2 million, in less than one hour.

Molnár’s Themes and Variations #1 sold for 19.84 ETH | Source: Sotheby’s

According to the July 26 announcement, the “Themes and Variation” collection features 500 collectibles via an algorithm combination of 170 color palettes and recursive grids. Auctioneers wrote:

Hungarian artist Vera Molnár | Source: Studio International