NFT
Particle, a digital art platform that offers fractional ownership of culturally significant artworks via the blockchain, will soon give collectors the chance to own a piece of an iconic sculpture by HR Giger, the Academy Award-winning artist who created the creature in the title. designed. 1979 sci-fi horror classic Alien.
The sculpture, “Necronom/Alien III, 2005”, depicts the famous xenomorph from the film franchise. The piece is edition #1 of a collection of six statutes, Harold Eytan, CEO of Particle, told me Decrypt.
“It’s the only one to follow the prototype made by Giger himself, and the prototype remains in the Giger museum,” he said.
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It is made of steel and polyester resin and is over 2 meters long and 1 meter high. At least one of the sculptures was valued at more than $240,000.
Digital “particles” of the piece—NFT works representing 1/500 share of the image, worth a total of half a million dollars, will go on sale June 16 for $1,000 each.
“A private collector in Germany is selling it through Particle on the occasion of the group exhibition Species at the Mai36 gallery in Zurich,” said Eytan. “It has only been in one other collection before – and before that it was in Giger’s private collection.”
Holders of Alien Particles can vote on whether the physical image should be sold, should it ever get an offer to buy.
The sculpture will be exhibited for the first time under the ownership of Particle and in collaboration with the HR Giger Museum at NFC Lisbon on June 7 and 8. It will then be part of Metamorphosesa Giger-focused exhibition at the Hluboká Castle in Prague, for stints at Art Basel in Switzerland, and a secret location in Paris.
Particle previously symbolized and fractionated Banksy’s “Love is in the Air” painting, which the company acquired at a Sotheby’s auction in 2021 for $12.9 million. It then created 10,000 “particles” of the artwork and sold them as NFTs for $1,500 each. Those particles have since been written down to a bottom price of about $500.
Owners of “Love is in the Air” particles can purchase Alien particles at a discounted rate of $800 during an early access sale.
