Ignasi Monreal, 2022
Featured In BL00MBL00M - Tulip 1 of 3
BL00M is a dynamic digital garden of painted flowers. While interacting with the crypto market, each flower blossoms as the price of the artwork rises, or slowly wilts if the market falls. This experimental commentary on the complex relationship between art and value is bringing to life an NFT digital ecosystem, which is grounded in self-awareness.
This series is inspired by the Tulip Mania, a period during the Dutch Golden Age when prices for bulbs of the newly introduced tulip reached exceptionally high levels, beginning in 1634 and then suddenly dropping in February 1637. It is often regarded as the first documented speculative bubble in history.
During the Tulipomania, the now-extinct Semper Augustus (Always Majestic in Latin) was the rarest and most precious of the high-end tulips. It was an unusual flower, with dark blood-red streaks on white petals. At its pinnacle in 1637, a single Semper Augustus bulb sold for the equivalent of fifty times a labourer's annual wage, or enough to buy a fine townhouse in Amsterdam’s Grand canal.
History
- April 28, 2022 at 1:33 PMReserve price set for Ξ 4.0000 ($7,266.52) by 1stDibs Marketplace
- April 28, 2022 at 1:33 PMTransfer from Ignasi Monreal to 1stDibs Marketplace
- April 28, 2022 at 11:20 AMMinted by Ignasi Monreal
More from Ignasi Monreal
BL00M - Poppy 3 of 3edition: 1/1Ξ 3.6000 Reserve PriceAccepting Bids
BL00M - Lotus 1 of 3edition: 1/1Ξ 3.6000 Reserve PriceAccepting Bids
BL00M - Lotus 3 of 3edition: 1/1Ξ 3.6000 Reserve PriceAccepting Bids
BL00M - Tulip 3 of 3edition: 1/1Ξ 3.6000 Reserve PriceAccepting Bids
