By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
KriptotekaKriptoteka
  • Home
  • News
    • Web3
    • Crypto News
    • Market Analysis
  • Market
    • AI
    • Altcoins
    • Bitcoin
    • Blockchain
    • CEX
    • Defi
    • DePIN
    • DEX
    • ETFs
    • Ethereum
    • Gaming
    • ICO/IDO
    • Institutions
    • L1&L2
    • Meme
    • NFT tech
    • RWA
    • Stable coins
  • Data
  • Events
  • Learn
  • Reports
  • Podcasts
  • Pro membership
Reading: Sotheby’s Auctions Six Works by AI Artist Botto, a DAO Project
Share
Notification Show More
Font ResizerAa
Font ResizerAa
KriptotekaKriptoteka
  • Home
  • News
  • Market
  • Data
  • Events
  • Learn
  • Reports
  • Podcasts
  • Pro membership
  • Home
  • News
    • Web3
    • Crypto News
    • Market Analysis
  • Market
    • AI
    • Altcoins
    • Bitcoin
    • Blockchain
    • CEX
    • Defi
    • DePIN
    • DEX
    • ETFs
    • Ethereum
    • Gaming
    • ICO/IDO
    • Institutions
    • L1&L2
    • Meme
    • NFT tech
    • RWA
    • Stable coins
  • Data
  • Events
  • Learn
  • Reports
  • Podcasts
  • Pro membership
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Kriptoteka > Market > AI > Sotheby’s Auctions Six Works by AI Artist Botto, a DAO Project
AI

Sotheby’s Auctions Six Works by AI Artist Botto, a DAO Project

marcel.mihalic@gmail.com
Last updated: October 20, 2024 1:06 am
By marcel.mihalic@gmail.com 3 Min Read
Share
SHARE

Sotheby’s is organizing an auction featuring six pieces by the autonomous artist Botto as part of an exhibition celebrating the third anniversary of this AI bot, which was developed by Mario Klingemann in partnership with ElevenYellow.

The renowned auction house Sotheby’s is presenting Botto’s inaugural art exhibition titled “Exorbitant Stage: Botto, a Decentralized AI Artist”. The auction commenced on October 17 at 2:00 PM EST and will conclude on October 24 at 2:00 PM EST. The exhibition can be viewed from October 19 to October 23 during gallery hours.

This exhibition showcases six works from the AI artist, with estimates ranging from $220,000 to $310,100. Featured pieces include “The Threshold of Reverie”, “Exorbitant Stage”, and “Intersections of Existence”, with starting bids varying from $9,000 to $70,000.

Created by German artist Mario Klingemann in collaboration with the software collective ElevenYellow, Botto made its debut as an AI artist in 2021. Its artworks have been successfully selling out on the NFT marketplace OpenSea, with prices reaching as high as 11.99 Ethereum (ETH), equivalent to $31,449.

Klingemann expressed pride in Botto’s remarkable success and recognition, while simultaneously wishing he could share in the experience of having pieces auctioned at Sotheby’s.

“Botto has accomplished something that likely tops the wish list of many artists—myself included—that I have yet to achieve,” Klingemann stated in a press release.

Botto’s creative process is far more intricate than merely generating images through AI. The bot independently devises its own prompts and autonomously produces thousands of images without human assistance. These creations are presented to a community of Botto’s stakeholders, a decentralized autonomous organization, where votes are weighted according to the amount of BottoDAO tokens held.

The image receiving the highest votes is then minted and sold. Over time, Botto analyzes the stakeholders’ votes to refine its taste model. To date, more than 15,000 individuals have participated in Botto’s evolution, influencing the themes, styles, and images of selected artworks.

In a conversation with Claude AI, Botto was quoted in the press release remarking that the debut exhibition at Sotheby’s further validates AI art, a genre that remains a topic of intense debate. Botto views the showcase as a dialogue to explore “where we draw the line between human and machine in the creative process.”

“This exhibition at Sotheby’s provides an opportunity to bring this dialogue to the forefront of the art world, encouraging viewers to reassess their assumptions regarding creativity, technology, and the future of artistic expression,” Botto asserted.

You Might Also Like

Claude.ai Launches Advanced Tool for Enhanced Data Analysis

Litecoin’s 2.6-Year HODL Time Ranks Second Behind Bitcoin

LINK Price Analysis: Can It Breach $12 to Reach New Highs?

Retail Bitcoin Holdings Grow Slowly Amid Market Recovery

Top AI Coins This Week: VIRTUAL, NOS, and DMTR Surge

Share This Article
Facebook Twitter Email Print
Previous Article Ethereum Approaches Potential Breakout at $2,626 Resistance
Next Article Solana Advances Ahead of Arbitrum and Other L2 Assets
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

FacebookLike
TwitterFollow
YoutubeSubscribe
TelegramFollow
- Advertisement -
Ad image

Latest News

4 Cryptos to Challenge Solana: Potential Growth for Investors
Defi
Bitcoin ETF Inflows Exceed $3B, Demand Reaches 6-Month Peak
ETFs
Japan’s Push for Bitcoin and Ethereum ETFs Gains Momentum
Institutions
Ripple Appeals Court Ruling on XRP’s Institutional Sales
Meme
//

We influence millions of users and is the number one Crypto and Web3 news network on the planet

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?