Two symbolic versions of Dutch artist Vincent van Gogh’s paintings have reportedly sold for more than $2.5 million.
Data from on-chain aggregator CryptoSlam.io shows that a non-fungible token (NFT) representation of a Van Gogh painting has changed hands for $1.3 million. The transaction comes just a day after another Van Gogh-inspired NFT sold for $1.27 million.
Auction records show that the digitized paintings, number 132, fetched 35.9999 BTC or $1,313,635, while number 283 sold for 34.9999 BTC, equivalent to $1,275,612 on the Bitcoin network.
The pieces are among many Van Gogh-inspired NFTs on the non-fungible market. In October, the famous Musée d’Orsay in Paris announced the creation of unique NFTs inspired by Van Gogh’s last days.
The NFTs minted on Tezos came in two different categories, with 2,300 pieces each.
One category offered an immersive augmented reality experience of Van Gogh’s ultimate palette, while the other showcased an exclusive digital artwork by French artist KERU, echoing Van Gogh’s style.
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The Musée d’Orsay also announced plans to welcome digital artists from 2024 who use blockchain in their work to curate collections influenced by the museum’s permanent exhibitions.
Some observers have seen the sale of the two NFT pieces as a sign of revival for the NFT market, which had suffered a significant slump in recent months.
The sentiment is borne out by data from CryptoSlam.io showing a significant increase in global NFT sales in the second week of November, reaching a cumulative value of $238 million. It marks a spike of 40% from the start of the month, reflecting the strong performance from earlier this year.
Interestingly, according to the data, NFT collections on the Bitcoin network have outperformed those on the Ethereum network this week, indicating a shift in market dynamics.
Sales volumes for Bitcoin NFTs totaled $100 million, while Ethereum-based NFTs reached $93 million. Other blockchain networks such as Solana and Polygon are following closely, with sales volumes of $17 million and $6.4 million respectively.
Read more: The NFT market is reviving as sales and volume of major collections increase