The collectible was purchased by 3AC co-founders Su Zhu and Kyle Davies in August 2021 for about 1,800 ETH – worth roughly $5.8 million at the time. Michael Bouhanna, Sotheby’s head of digital art and NFTs, told CoinDesk that the piece is a major highlight of Cherniak’s portfolio and “one of the most significant works from the generative art movement.”
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