Collectors Snap Up Vera Molnár’s Generative NFTs

Collectors Snap Up Vera Molnár’s Generative NFTs

On July 26, generative art pioneer Vera Molnár released an NFT collection called “Themes and Variations” in collaboration with Martin Grasser, the creator of Twitter’s iconic blue bird logo, on Sotheby’s Metaverse digital art platform. Originally minted at 1.23 ETH ($2,300), the project has taken off on secondary markets with numerous sales on OpenSea at 10 ETH ($18,750) and the highest sale recorded at 17.99 ETH ($33,700). The collection’s floor price sits at around 5 ETH. The project’s momentum suggests that despite a widespread downturn, some bright spots could be emerging in the NFT market. The collection of 500 NFTs features generative art with geometric imagery featuring either an N, F, or T, in a nod to the three letters symbolizing the tech trend that altered the perception of computer-generated art. With an art career that began in 1942 at the Budapest College of Fine Arts, Molnár gained widespread recognition with her continued in-depth exploration of the dynamic relationships between form and geometry with hand-drawn algorithmically generated patterns in her 1960s collection “Machine Imaginaire,” or imaginary computer. Her work is considered to be foundational to the world of algorithmic art.