The digital art world is about to encounter another landmark event as Web3 start-up Particle prepares to sell 500 NFTs based on an impressive sculpture by the legendary H.R. Giger. The Alien designer’s masterpiece, an imposing Xenomorph installation, is set to become the latest significant artwork to be tokenized on the blockchain.
Terrifying Xenomorphs invade the blockchain
Particle, renowned for offering fractionalized ownership of culturally significant artworks, is giving collectors a unique chance to own a piece of “Necronom/Alien III, 2005”. This exclusive sculpture designed by the Academy Award-winning artist encapsulates the iconic Xenomorph from the famous 1979 sci-fi horror classic, Alien.
Being the first piece in a six-statue collection, this sculpture holds an exceptional place in the Giger art universe. “It is the only one following the prototype that was made by Giger himself, and the prototype remains at the Giger museum,” revealed Particle CEO Harold Eytan. The detailed work is crafted from steel and polyester resin, stretching over seven feet long and three feet tall.
Adding to the allure of this tokenized art is its esteemed provenance. Eytan shared:
“A private collector in Germany is selling it through Particle following the group exhibition Species at the Mai36 gallery in Zurich, (…) It has only previously been in one other collection—and before that, was in Giger’s private collection.”
Owning a piece of the physical sculpture
Offering digital “particles” of the sculpture, the platform presents an opportunity to own a stake in this highly valued artwork. Each NFT will represent a 1/500 stake, symbolizing a total value of half a million dollars. These tokens will be available for purchase at $1,000 each, starting from June 16.
In a twist of modern art ownership, Alien particle holders will be given a say in the future of the physical sculpture. If an offer to purchase the sculpture comes forward, token holders will vote on whether it should be sold.
Sculpture to be showcased at NFC Lisbon
Before heading to the digital market, the sculpture will enjoy a grand showcase. From June 7-8, it will be exhibited at NFC Lisbon, under Particle’s ownership and in partnership with the H.R. Giger Museum. Following this, it will feature as a part of Metamorphoses, a Giger-centric exhibition at the Hluboká Castle in Prague, before making appearances at Art Basel in Switzerland and another venue in Paris.
As a gesture of appreciation to its community, Particle is offering a discounted rate to owners of “Love is in the Air” particles. These individuals will have the opportunity to purchase Alien particles at a special early access sale price of $800, adding another layer to this revolutionary fusion of traditional and digital art markets.
Source: nft.news
This information is published by the NFT News media team.
