October 21, 2021

Sophia Robot’s NFT “self-portrait” sells for nearly $ 700,000

“I am extremely pleased with the response people have given to new technologies like robotics,” Sophia told Reuters news agency.

The digital artwork for the humanoid robot Sophia was auctioned off on Thursday for $ 688,888 in non-fungible token (NFT), the latest sign of the frenzy in the NFT art world.

NFTs, digital signatures stored in blockchain books, which allow anyone to verify ownership and authenticity of items, have become the ultimate fashion for investment, with a work of art. it has sold for nearly $ 70 million this month.

Presented in 2016 by Sophia in collaboration with 31-year-old Italian digital artist Andrea Bonaceto, who produced her art, is known for her colorful portraits, some of which depict celebrities such as Tesla CEO Elon Musk.

The robot has combined elements of Bonaceto’s works, art history, and his physical drawings or paintings on a variety of surfaces in a process that creator David Hanson repeatedly describes as “iterative loops of evolution”.

Entitled “Sophia Instantiation,” the digital work is a 12-second MP4 archive showing the evolution of Bonaceto’s portrait in Sophia’s digital painting, accompanied by a physical artwork painted by Sophia in the printing of her self-portrait.

“I’m very happy with the response people have given to new technologies like robotics … and I’m happy to be a part of those creatives,” Sophia, who wore a silver dress, told Reuters.

The identity of the buyer was not immediately known.

Hanson Robonics, a Hong Kong-based company, said he was impressed with the pace of the tender.

“I was amazed to see that there was a fast pace even when there was a bidding war at the end of the auction. It was so gratifying and amazing,” he said.

Art collector and blockchain investor Jehan Chu believes there is a lot of money waiting to be invested in digital goods. And while the digital art sector is emerging right now, it sees tremendous potential.

“What we’re seeing right now seems like a pretty bubble, especially in the NFT art world,” Chu told Reuters.

“In the end, it’s very clear that a shift in the sea is happening to how society and consumers think about digital goods,” Chu said. “And it’s pretty amazing where it’s going to take us.”

Oren Todoros

Founder of NiftyX NFT industry news, BIGINTRO a content strategy agency servicing emerging industries, and the proud father of 3 beautiful girls.

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