The oil painting ‘Head with Legs’ by Renowned artist Oleg Tselkov will be sold in an upcoming NFT auction. On November 12th, the picture by the famous Russian nonconformist artist of the post-war period will feature in an NFT auction.
The 1/1 auction will take place on Superhow.art. The successful buyer will get the original art along with a corresponding NFT.
Revered worldwide, Tselkov is one of the greats of the modern era. His surrealist style focuses on faces painted in vivid colours. Although the art is bright, it depicts dark themes. The faces show violent imagery and are sinister in nature, a critique of contemporary culture.
Furthermore, several Tselkov paintings are available to buy at Sotheby’s, the world-famous auction house. One of the paintings, ‘Boy with Balloons’, has a starting bid of £110,000. There is no doubt that whoever buys this Tselkov NFT will genuinely own a piece of fine art history.
Tselkov passed away in July this year, aged 87. Significantly, people will now have the unique chance to purchase his work that will last forever.
The auction will take place on SuperHow.art
Super How is Lithuanias’ leading private research and development lab. The company focuses on blockchain and DARQ technologies. DARQ covers emerging technologies such as distributed ledger technology, artificial intelligence, extended reality and quantum computing.
These are future technologies that will shape the world in the coming years. SuperHow aims to transform this next-generation technology into practical applications for business and everyday use.
Additionally, Superhow.art is a subsidiary of the company that is auctioning the Tselkov NFTs. It is no surprise that they are involved in NFTs, which themselves are relatively new.
Tselkov NFT will be a Whales vs Shrimp auction.
The auction is unique; it is not an everyday highest bidder sale. It is almost like a contest between two sides. Hence the name Whales vs Shrimps. Whales will compete against the Shrimps to see who has the most power. Whales are single investors, placing big individual offers. However, Shrimps are bidding as a collective in smaller bids that will form one bid.
If the Whale wins, they can collect their painting and NFT and do whatever they want with them. They can take them home, lend them to a gallery or resell them.
But if the Shrimps win as a cooperative, the Tselkov NFT will be split into multiple parts determined by the price they bid for the piece. Every Shrimp will own a portion of the NFT. The Shrimps will co-own the physical painting. Furthermore, it will remain in the gallery it currently resides.
The reason behind this Tselkov NFT auction is simple, “We want to check if whales are stronger than the community. Maybe the community will show that small market players with joint forces can win and become fractional owners of this beautiful investment asset,” explained Vytautas Kašėta, CEO of Superhow.art
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As always, make your own research prior to making any kind of investment.
