Phillips to offer REPLICATOR by Mad Dog Jones, the first NFT in company history
Still image from Generation 1 of REPLICATOR. Image courtesy of Phillips.
NEW YORK, NY
.- Phillips announced the sale of REPLICATOR by Mad Dog Jones, the first NFT to be offered by the auction house in company history. With an opening bid of $100, the work was created with the ability to generate new unique NFTs from itself every 28 days. REPLICATOR will be offered in an online-only auction, open for bidding to collectors around the globe on phillips.com from 12-23 April.
Edward Dolman, Phillips Chief Executive Officer, said, Phillips is pleased to begin our NFT journey with such a hugely celebrated digital artist who has both shaped and transcended the crypto community. REPLICATOR is a first-of-its-kind work to appear at auction, redefining the expectations of a work of art as it draws a compelling relationship between medium and form. We look forward to bringing this exciting project to new audiences at Phillips and seeing its unique iterations and the future of this market unfold.