{"id":471229,"date":"2021-09-09T05:22:10","date_gmt":"2021-09-09T05:22:10","guid":{"rendered":"https:\/\/uniquehot.com\/?p=471229"},"modified":"2021-09-09T05:35:24","modified_gmt":"2021-09-09T05:35:24","slug":"wong-kar-wai-s-first-nft-at-sothebys","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/nft\/wong-kar-wai-s-first-nft-at-sothebys\/","title":{"rendered":"In The Mood For Auction: Wong Kar-Wai ‘s First NFT Available At Sotheby’s"},"content":{"rendered":"

Legendary Hong Kong director Wong Kar-Wai will be minting an \u201c<\/span>In The Mood For Love<\/span><\/i>\u201d NFT soon. Revered fine art auction house Sotheby\u2019s will broker the deal. The NFT will contain never-before-seen footage from the first day of filming. How rare does that make it? Considering \u201c<\/span>In The Mood For Love<\/span><\/i>\u201d is one of the most critically acclaimed films of the century, what does this mean for the NFT space? What does it mean for Asian cinema?<\/span><\/p>\n

Related Reading | Everything We Know About The Fake Banksy NFT That Sold For 100 ETH<\/a><\/strong><\/em><\/p>\n

So far, this trailer for the whole event is all we have:<\/span><\/p>\n

<\/iframe><\/div>\n

In the description box, Sotheby\u2019s presents its Modern Art Sale in Hong Kong:<\/span><\/p>\n

\u201cCelebrated auteur Wong Kar Wai will bring his avant-garde aesthetic to Sotheby\u2019s this October. The first Chinese filmmaker to win Best Director at the Cannes Film Festival, Wong\u2019s sensuous cinema embodies the spirit of Modernism so it is only fitting that we will be working together on our Modern Art Sale in Hong Kong.\u201c<\/span><\/p><\/blockquote>\n

\"ETHUSD<\/p>\n

ETH price chart for 09\/09\/2021 on Poloniex | Source: ETH\/USD on TradingView.com<\/a><\/pre>\n
Tell Me More About Wong Kar-Wai ‘s First NFT\u00a0<\/span><\/h2>\n
Every time film critics vote, \u201cIn the Mood for Love\u2019s\u201d name appears among the best films of the century. Its reputation has only increased since the movie’s 2000 release. Along with Wong Kar-Wai ‘s \u201cDays of Being Wild\u201d and \u201c2046,\u201d \u201cIn the Mood for Love\u201d is part of an informal trilogy. And now, a lucky soul can own a digital representation of unreleased footage from the movie. In it, the two main actors play different characters than those in \u201cIn the Mood for Love.\u201d How rare!<\/span><\/p>\n
The auction house <\/span>describes the item<\/span><\/a> as:<\/span><\/p>\n
\u201cThe star lot of Sotheby\u2019s Modern Art Evening Sale on 9 October is the debut of Wong Kar Wai\u2019s first ever NFT creation \u2013 \u201cIn the Mood for Love \u2013 Day One\u201d \u2013 edited from never-before-seen footage shot on the first production day of the international masterpiece, \u201cIn The Mood For Love\u201d (2000).\u201d<\/span><\/p><\/blockquote>\n
And they quote Wong Kar-Wai himself, saying:<\/span><\/p>\n
“Today, we are able to eternalize this first day in a brand-new form. In the world of blockchain, this arrow can chart a new course. Here\u2019s to more of us that will live and chase that first spark in every flash.”<\/span><\/p><\/blockquote>\n
What Does The NFT Contain?<\/span><\/h2>\n
This rhymes with the whole Wong Kar-Wai trilogy in more ways than one. \u201cIn the Mood for Love\u2019s\u201d main actors, but as completely different characters. What a concept.<\/span><\/p>\n
\u201cUnveiled for the very first time, the NFT short film contains rare footage starring Tony Leung and Maggie Cheung as characters utterly different from the iconic lovers in the original film. This unique artwork celebrates the critical and wondrous moment when a creative idea is first conceived, while marking the first Asian film NFT ever to be offered in international auction houses.\u201d<\/span><\/p><\/blockquote>\n
Will this extremely rare NFT that has a concept behind it and it\u2019s backed up by a legendary piece of cinema break some records? So far, the world\u2019s most expensive NFT is Beeple\u2019s \u201cEverydays: The First 5000 Days.\u201d Rival auctioneers Christie\u2019s sold it for $69,3M. That doesn\u2019t mean Sotheby\u2019s hasn\u2019t been part of the game. They sold CryptoPunk #7523, AKA Covid Alien, for $11.8M.<\/span><\/p>\n
Related Reading | NewsBTC: Crypto Trading Course. For Free.99<\/a><\/strong><\/em><\/p>\n
Currently, Sotheby\u2019s is <\/span>auctioning a lot of 101 Bored Ape Yacht Club NFTs<\/span><\/a>. The highest bid is $19M and the lot closes in approximately 9 hours. Participate while you can. Or save your money for the Wong Kar-Wai one.<\/span><\/p>\n
Featured Image: Screenshot from \"In The Mood For Love\" NFT<\/a> | Charts by TradingView TradingView<\/a><\/pre>\n","protected":false},"excerpt":{"rendered":"
Legendary Hong Kong director Wong Kar-Wai will be minting an \u201cIn The Mood For Love\u201d NFT soon. Revered fine art auction house Sotheby\u2019s will broker the deal. The NFT will contain never-before-seen footage from the first day of filming. How rare does that make it? Considering \u201cIn The Mood For Love\u201d is one of the most critically acclaimed films of the century, what does this mean for the NFT space? What does it mean for Asian cinema? Related Reading | Everything We Know About The Fake Banksy NFT That Sold For 100 ETH So far, this trailer for the whole event is all we have: In the description box, Sotheby\u2019s presents its Modern Art Sale in Hong Kong: \u201cCelebrated auteur Wong Kar Wai will bring his avant-garde aesthetic to Sotheby\u2019s this October. The first Chinese filmmaker to win Best Director at the Cannes Film Festival, Wong\u2019s sensuous cinema embodies the spirit of Modernism so it is only fitting that we will be working together on our Modern Art Sale in Hong Kong.\u201c ETH price chart for 09\/09\/2021 on Poloniex | Source: ETH\/USD on TradingView.com Tell Me More About Wong Kar-Wai ‘s First NFT\u00a0 Every time film critics vote, \u201cIn the Mood for Love\u2019s\u201d name appears among the best films of the century. Its reputation has only increased since the movie’s 2000 release. Along with Wong Kar-Wai ‘s \u201cDays of Being Wild\u201d and \u201c2046,\u201d \u201cIn the Mood for Love\u201d is part of an informal trilogy. And now, a lucky soul can own a digital representation of unreleased footage from the movie. In it, the two main actors play different characters than those in \u201cIn the Mood for Love.\u201d How rare! The auction house describes the item as: \u201cThe star lot of Sotheby\u2019s Modern Art Evening Sale on 9 October is the debut of Wong Kar Wai\u2019s first ever NFT creation \u2013 \u201cIn the Mood for Love \u2013 Day One\u201d \u2013 edited from never-before-seen footage shot on the first production day of the international masterpiece, \u201cIn The Mood For Love\u201d (2000).\u201d And they quote Wong Kar-Wai himself, saying: “Today, we are able to eternalize this first day in a brand-new form. In the world of blockchain, this arrow can chart a new course. Here\u2019s to more of us that will live and chase that first spark in every flash.” What Does The NFT Contain? This rhymes with the whole Wong Kar-Wai trilogy in more ways than one. \u201cIn the Mood for Love\u2019s\u201d main actors, but as completely different characters. What a concept. \u201cUnveiled for the very first time, the NFT short film contains rare footage starring Tony Leung and Maggie Cheung as characters utterly different from the iconic lovers in the original film. This unique artwork celebrates the critical and wondrous moment when a creative idea is first conceived, while marking the first Asian film NFT ever to be offered in international auction houses.\u201d Will this extremely rare NFT that has a concept behind it and it\u2019s backed up by a legendary piece of cinema break some records? So far, the world\u2019s most expensive NFT is Beeple\u2019s \u201cEverydays: The First 5000 Days.\u201d Rival auctioneers Christie\u2019s sold it for $69,3M. That doesn\u2019t mean Sotheby\u2019s hasn\u2019t been part of the game. They sold CryptoPunk #7523, AKA Covid Alien, for $11.8M. Related Reading | NewsBTC: Crypto Trading Course. For Free.99 Currently, Sotheby\u2019s is auctioning a lot of 101 Bored Ape Yacht Club NFTs. The highest bid is $19M and the lot closes in approximately 9 hours. Participate while you can. Or save your money for the Wong Kar-Wai one. Featured Image: Screenshot from “In The Mood For Love” NFT | Charts by TradingView TradingView<\/p>\n","protected":false},"author":539,"featured_media":471230,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[15196,13625,83565],"tags":[84240,84243,84244,84245,84246,84184,84239,2034,2359,84241,84242,15369,83851,84238],"class_list":["post-471229","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-art","category-ethereum","category-nft","tag-84240","tag-beeple","tag-bored-ape-yacht-club","tag-cinema","tag-cinema-nft","tag-cryptopunk","tag-days-of-being-wild","tag-film","tag-hong-kong","tag-in-the-mood-for-love","tag-in-the-mood-for-love-nft","tag-nft","tag-sothebys","tag-wong-kar-wai"],"acf":[],"yoast_head":"\nIn The Mood For Auction: Wong Kar-Wai 's First NFT Available At Sotheby's<\/title>\n<meta name=\"description\" content=\"Legendary Hong Kong director Wong Kar-Wai will be minting an \u201cIn The Mood For Love\u201d NFT soon. 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