LiveArt sells out a groundbreaking NFT collection, Kingdom of the Laughing Man: Boundless, by Yue Minjun, in just under two hours.
LiveArt, in partnership with iv gallery, is thrilled to announce a groundbreaking NFT collection, Kingdom of the Laughing Man, by Yue Minjun, one of the world’s most prominent blue-chip contemporary artists working today. Kingdom of the Laughing Man launches with Boundless, a series of 1,200 unique generative NFT artworks echoing Yue Minjun’s iconic self-portraits. The first drop is set to launch on August 8, 2023, 5 AM PDT presale / 5 AM PDT sale on LiveArt and is expected to sell out, according to insiders.
A pioneer of China’s Cynical Realism movement, Yue Minjun’s fantastical, maniacal self-portraits satirize contemporary society and art historical tropes. Each piece in Boundless sees the artist reinterpreting his signature self-portrait work through the prism of trends within technology, appropriating the crypto-centric PFP (Profile Picture) to create a unique Web3-based series for digital art collectors.
Yue Minjun's first digital NFT collection consisting of 999 works at USD 700 on LiveArt.xyz, sold out in just under two hours and achieved a total sales volume of $1m one hour later, continuing to be top trending across major NFT marketplaces like OpenSea and Blur. The works are now available on the secondary market on OpenSea.
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