SuperRare to Host Err Hold Auction on January 22nd

The artwork “Err Hold” by Botto, a key piece in the artist’s Genesis collection, will be auctioned on SuperRare on January 22nd at 21:00 UTC, with a reserve price set at 75 ETH.The decision to auction the work follows extensive debate within BottoDAO. Initially, a proposal to sell the piece privately for 70 ETH was rejected, and a subsequent direct offer of 75 ETH further fueled discussions about whether the piece should go to auction. A recent DAO vote approved the auction proposal, marking a pivotal moment for this historically significant AI-generated artwork.Minted in April 2022 during Botto’s Genesis Period, “Err Hold” has grown in prominence despite initially failing to meet its reserve price of 10 ETH. Since then, it has been featured in exhibitions at Singapore’s ArtScience Museum, on the TED stage, and during Swiss Art Basel, solidifying its status in the AI art world. Refer to the official tweet by SUPR: The Story Behind Err Hold by Botto: Upcoming Auction on SuperRare, Wednesday at 4 PM EST🧵 1/ On January 9, 2025, a vote kicked off on a proposal from on behalf of the Collection seeking to privately purchase the iconic "Err Hold" by Botto for 70… SUPR InfoSuperRare is a platform designed for the issuance, collection, and trading of unique digital art supported by non-fungible tokens (NFTs) on the Ethereum blockchain.On SuperRare, artists can create their artworks directly from their own wallets, and every bid, sale, and collector is recorded and stored in the token's history on the blockchain. Using to Ethereum, the platform ensures the security and verification of authorship and ownership of the art.SuperRare provides an opportunity for artists to sell their works directly to collectors, and collectors can acquire unique and exclusive digital art pieces. This opens up new possibilities for artists and collectors in the digital world.