Media and Press

Christie’s Presents Proof of Sovereignty: A curated NFT Sale by Lady PheOnix

Christie’s, May 2021

“The premier provider of rights management technology for NFTs and other crypto assets, Monegraph has partnered with Christie’s to support the artists and associated galleries in registering their copyrights and managing their rights on the blockchain for PROOF OF SOVEREIGNTY. The company’s smart contracts enable owners of intellectual property to secure their rights on the blockchain. Based on global patents for media copyrighting and licensing, the company provides infrastructure to support the seamless sales and transfer of media rights on the Ethereum, Bitcoin and various other blockchains.”

NFTs Weren’t Supposed to End Like This

Anil Dash, The Atlantic, April 2021

“The only thing we’d wanted to do was ensure that artists could make some money and have control over their work. Back in May 2014, I was paired up with the artist Kevin McCoy [Monegraph founder and inventor of NFTs] at Seven on Seven, an annual event in New York City designed to spark new ideas by connecting technologists and artists. I wasn’t sure which one I was supposed to be; McCoy and his wife, Jennifer, were already renowned for their collaborative digital art, and he was better at coding than I was.

At the time, I was working as a consultant to auction houses and media companies—a role that had me obsessively thinking about the provenance, ownership, distribution, and control of artworks. Seven on Seven was modeled after tech-industry hackathons, in which people stay up all night to create a working prototype that they then show to an audience. This was around the peak of Tumblr culture, when a raucous, wildly inspiring community of millions of artists and fans was sharing images and videos completely devoid of attribution, compensation, or context. As it turned out, some of the McCoys’ works were among those being widely “reblogged” by Tumblr users. And Kevin had been thinking a lot about the potential of the then-nascent blockchain—essentially an indelible ledger of digital transactions—to offer artists a way to support and protect their creations.”

The Untold Story of the NFT Boom

Clive Thompson, The New York Times, May 2021

“The first artistic experiments in that vein were made by the New York-based fine artist Kevin McCoy [Monegraph founder and inventor of NFTs], who became intrigued by Bitcoin and its blockchain soon after its debut. He wondered if it could show the way toward a new revenue stream for creators. McCoy was especially excited by the prospect of decentralization — the blockchain could enable an artist to sell works to fans directly, without the need for an iTunes-like intermediary. In 2014, McCoy, collaborating with the entrepreneur Anil Dash, created an experimental crypto token for a piece of his own digital art. They called it “monetized graphics.” The next year, McCoy opened a small start-up that let artists create and sell tokens of their work. He was met, mostly, with blank stares. “It was a tough grasp for people,” McCoy says.”

Natively Digital: A Curated NFT Sale

Sotheby’s, May 2021

“In the long timeline of art, there are few works that serve as genesis blocks to their own chain of history. They are seismic forks in direction; forks that usher in new movements that block by block, mint by mint, usher in new art histories. These works close chapters on the art histories that came before, while anchoring a new flowering of human creativity. These prime movers occupy a singular position in art history. They came first. Kevin McCoy’s [Monegraph founder and inventor of NFTs] Quantum is such a work. Minted on 2nd May 2014 21:27:34, or more precisely Namecoin Block 174923, the NFT era quietly dawned. What a noise it makes today.”

ADDITIONAL PRESS

Sotheby’s Offers Curated NFT Sale Featuring First in the Genre

Abby Schultz, Barron, May 2021

Sotheby’s to Auction ‘First NFT Ever Minted’

Tanzeel Akhtar, Coindesk, May 2021

Sotheby’s to Auction ‘First NFT Ever Minted’Sotheby’s Is Selling the First NFT Ever Minted—and Bidding Starts at $100

Sarah Cascone, Artnet, May 2021

Sotheby’s anuncia segundo leilão de NFT para junho

The Block, Moneytimes, May 2021

Sotheby’s versteigert “ersten jemals erstellten NFT”

Jaroslaw Adamowski, Crytponews, May 2021

Auction house Sotheby’s announces its second NFT sale set for June

Saniya More, Theblockcrypto, May 2021

Sotheby’s to Launch Major Sale of NFTs by Leading Digital Artists

Keith Estiler, Hypebeast, May 2021

Sotheby’s first NFT auction revealed

Chris Burns, Slashgear, May 2021

SOTHEBY’S IS AUCTIONING THE FIRST NFT EVER MINTED

Isabelle Hore-Thorburn, Highsnobiety, May 2021

Sotheby’s Is Auctioning the First NFT Ever Minted

Ugolini, May 2021

Sotheby’s to auction the first NFT

A Bowditch and M Bacina, Bitsofblocks, May 2021

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