NFT EveningNFT Evening
    Facebook Twitter Instagram Reddit
    NFT Evening NFT Evening
    • NFT News
      • Collectibles
      • Crypto Art
      • Blockchain games
      • Metaverse
      • Music
      • Interviews
      • Columns
    • NFT Guides
      • Top NFT Projects
      • Top Blockchain Games
      • NFT Marketplaces and Tools
    • Learn here!
      • What is an NFT?
      • How to keep your NFTs safe
      • NFT Glossary
    • NFT Calendar
      • NFT Drops
      • NFT Conferences
      • NFT Launchpad
    • Newsletter
    NFT EveningNFT Evening
    Crypto Art

    Home » NFT News » Crypto Art » Grimes’ Newborn NFTs Return as Fractionalized Art

    Grimes’ Newborn NFTs Return as Fractionalized Art

    By TheoAugust 3, 2021Updated:February 2, 20233 Mins Read

    Two pieces from an NFT collection created by Canadian musician — and NFT creator — Grimes, have come back onto the market. Newborn 1 & 3 from her first NFT drop, “WarNymph Collection Vol. 1.” have been fractionalized by Otis.

    Otis is a company that allows users to buy fractionalised shares of a piece of art. This is business model similar to that of  US investment app Robinhood. It allows for users who can’t afford to buy a whole NFT the chance to own a small piece instead.

    Grimes’ WarNymph Collection Vol. 1 sold for a total of $5.8 million earlier this year. The Newborn series was released in editions of 100, originally selling for $20 each. 

    Grimes's NFT babies
    Grimes’s Newborn 1 & 3 NFTs
    Grimes's NFT babies
    Grimes’s Newborn 1 & 3 NFTs

    The fractions of these NFTs are now selling for less than that original price. 

    Grimes’ Newborn NFT Collection

    Grimes was one of the groundbreaking mainstream artists that helped propel the NFT space. The musician originally put up a series of 10 pieces on Nifty Gateway on February 28. Some where one-of-a-kind, some had multiple editions.

    The top-grossing piece sold for $389,000; “Death of the Old” which involves flying cherubs, a cross, a sword, and glowing light set to an original song by Grimes. 

    Works, titled “Earth” and “Mars,” had the biggest uptake in sales with 700 copies selling at $7,500 each before sales closed. Grimes’s Newborn NFTs were part of the collection, but not the most prized.

    Nifty Gateway also confirmed that a percentage of the sales would go to Carbon180, a nonprofit focused on removing carbon from the atmosphere. 

    The WarNymph collection is made in collaboration with Grimes’s brother Mac Boucher. The musician debuted War Nymph in 2019 and initially used the digital persona to promote her album Miss Anthropocene. 

    The War Nymph’s appearance has morphed over time, now appearing as a winged baby as in the NFTs. This was shortly before she confirmed her pregnancy with Tesla and SpaceX CEO Elon Musk.

    Nift Gateway War Nymph tweet
    Nifty Gateway announce Grimes’s “War Nymph” collection back in February, 2021

    Making Art Accessible

    After the NFT boom in February the space is still finding its niche. Long-term use cases fr NFTs, especially in the art world, seem to be driving towards inclusivity. Grimes’s Newborn NFTs being fractionalized seems to hint at allowing ordinary art fans a chance to own an affordable part of it. 

    NFTs have also become a way for creators to earn through a new revenue stream. In these early days, NFT artists have already become millionaires thanks to the hype around digital art. Beeple’s digital art titled “Everydays: The First 5000 Days” sold for a historic $69.3 Million. Additionally, 18-year old FEWOCiOUS became Christie’s youngest featured artist with an incredible $2.1 Million Sale.

     

     


    All investment/financial opinions expressed by NFTevening.com are not recommendations.

    This article is educational material.

    As always, make your own research prior to making any kind of investment.

    Fractionalized NFT
    Previous ArticleOpenSea’s 2021 Daily Transaction Volume Exceeds 2020 Total 
    Next Article New Artvatars Pure Breed NFTs Now Live on OpenSea
    Theo
    • LinkedIn

    Theo is NFTevening co-founder. He has been in the digital marketing & Media industry for the past 7 years and is involved in several big publishing companies - Reaching 35Millions users monthly across 20 different countries. He is a nostalgic gamer, a Witcher-fan and a huge NFT-enthusiast !

    More great NFT Evening content:

    Unlock Your Creativity with The Palm Generative Art Maker by Palm NFT Studio

    May 7, 2023

    Sotheby’s Metaverse Unleashes Revolutionary On-Chain NFT Marketplace

    May 2, 2023

    Get Ready for the Wild Wild West as Western Artists Make Their Move to Web3

    April 19, 2023

    Async Art Unites Artistic NFT Visionaries Unite for ‘Forever Supper’

    April 18, 2023

    DeGods ETH Collection Announces Surprising Partnership with BLUR

    April 1, 2023

    Ordinal NFTs: Are Bitcoin NFTs the Hottest New Trend?

    February 10, 2023

    Pablo Stanley Builds the Characters Behind Humankind NFT With AI

    January 19, 2023

    Smart TV owners Can Now Trade NFTs With LaCollection x Samsung

    January 13, 2023

    NFTevening is the biggest website for NFT news. We cover; breaking news, upcoming mints, plus, interviews with top NFT artists and projects. Put simply, we are the best place for new and experienced non-fungible token fans — making content fun & accessible

    Privacy policy
    Terms and conditions

    Article Categories
    • Blockchain games
    • Collectibles
    • Columns
    • Crypto Art
    • Interviews
    • Metaverse
    • Music
    • NFT Guides
    • NFT Marketplaces and Tools
    • NFT News
    • Sponsored Content
    • Top Blockchain Games
    • Top NFT Projects
    NFT Calendar
    • Today’s NFT Drops
    • Upcoming NFT Drops
    • Solana NFT Drops
    • NFT Calendar
    • NFT Calendar : Add Your NFT Event
    Get In Touch
    • Advertise (Media Kit)
    • Job Opportunities
    • About Us
    • Contact Us
    • Newsletter
    NFT Beginners Guides
    • How to Sell NFT Art
    • How to Create NFT Art
    • How to Display NFT Art
    • How To Make Passive Income With NFTs
    • Best Crypto Wallet
    • Best NFT Coins
    • Best NFT Rarity Tools
    • What is a DAO ?
    • What Are Crypto Gas Fees ?

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version