Particle, the fine-art platform led by ex-Christie's execs,
previously made history selling out 10,000 digital pieces of
Banksy's 'Love is in the Air'
NEW YORK, May 31, 2023 /PRNewswire/ -- Particle, a digital
fine-art platform and tokenizer of Banksy's 'Love is in the Air'
painting, will give art collectors the chance to obtain digital
pieces of the Xenomorph/Alien III sculpture from renowned artist,
H.R Giger, the Academy Award winner behind the iconic Xenomorph
design from Ridley Scott's Sci-fi
horror film franchise, Alien. The genre-defining sculpture is being
'tokenized' into 500 separate parts which will go on sale on
June 16th on the Particle
website.
This follows Particle's debut and previous tokenization of
Banksy's "Love is in the Air" masterpiece which sold as 10,000
digital tokens called Particles and is now owned by over 2,600
collectors worldwide, including Beeple, Paris Hilton, and Kevin
Rose. It has been exhibited at prominent art centers such as
the ICA Miami and Praz-Delavallade Gallery in LA. Building on this
momentum, Particle is dedicated to bringing forth masterpieces that
foster accessibility through co-ownership.
The sale of H.R Giger's "Necronom/Alien III, 2005" will take
place on June 16th priced at
$1,000 per piece, with Particle
Collectors who already own Banksy's 'Love is in the Air' piece
having a discounted price of $800, as
well as enjoying exclusive early access to the sale. Co-owners will
obtain subsequent voting rights on whether to sell the sculpture,
should an offer be made on it. They will also be loaning the
sculpture to the Particle Foundation, who will tour the work around
the world.
"We are thrilled to unveil the addition of H.R Giger's
Necronom/Alien III to our fractionalised collection. Through the
tokenized sale of this iconic 'Alien' masterpiece, we hope to bring
Giger's artistic legacy to an even greater audience. We believe
art, film and music transcend borders and human-created boundaries,
and few are better than Giger's profound exploration of the depths
of the human psyche through art to encapsulate this truth,"
said Harold Eytan, CEO of
Particle.
The sculpture will be showcased at NFC Lisbon's prestigious
Pavilhão Carlos Lopes from
June 7-8th. Additionally, an
exclusive party will be held for art enthusiasts on June 7th from 10 pm to 12
am at the Carlos Pavilion with all attendees receiving a
digital certificate from the event which grants them early access
to the sale. Following the appearance in Lisbon, the sculpture will tour the highly
anticipated Giger exhibition, Metamorphoses, opening in
Prague's Hluboká Castle on
June 11, followed by UnPaired Gallery
in Züg for Art Basel and then Paris
in 2024.
This latest sale is a continuation of the platform's mission to
democratize the ownership and enjoyment of art while providing an
avenue to explore the power of the artwork itself. By turning
carefully sourced fine art pieces into 'Particles' which are then
traded on secondary markets, the company aims to increase the
provenance of art while reaching a broader audience of potential
collectors.
"Giger's sculpture embodies the very essence of Particle's
endeavor, igniting profound reflections on the human experience and
serving as a catalyst for thought-provoking conversations. This
sculpture challenges us to contemplate our own mortality and the
intricate relationship between humanity and technology. Through
co-ownership and our collective passion, Particle strives to bridge
gaps, dismantle barriers, and ensure that art truly becomes a
transformative force that belongs to all," said Loic Gouzer of
Particle.
About Particle:
Particle was founded in 2020 by a team of leading figures in the
art, technology and blockchain worlds. The co-founders of Particle
include former Chairman of Christie's Post War and Contemporary Art
Loic Gouzer and founding CTO of Uber Oscar
Salazar. Particle champions a more inclusive art world
centered around co-ownership. Their mission focuses on
democratizing the entire fine art experience, putting a focus on
the art, education, access and ownership. Particle started with the
tokenization of Banksy's Love is in the Air at auction in 2022 for
$12.9 million. The work was digitally
fractionalized into 10,000 unique tokens, known as Particles
representing ownership in the physical painting.Particle is now a
community of thousands, building and collecting one of the world's
greatest fine art collections and ecosystems.
Via the Particle Foundation, the works of art in the Collection
are stewarded and exhibited internationally alongside artists the
Foundation chooses to highlight to its member collectors, and the
world.
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