South Korean animator DeeKay Kwon and digital art patron Cozomo de’ Medici have announced the launch of Kwon’s first-ever open-edition artwork on Base in collaboration with Coinbase L2 and Friends With Benefits (FWB). Within the first hour of the launch, the drop has already earned $100,000, according to NFTStatistics.
The mint will be available for 24 hours, ending on August 11 at 9:00 a.m. PT, and allows individuals without ETH or Base ETH to use a credit card. Those who possess ETH can bridge it to Base on the mint site.
Kwon stated that the goal of the launch is to onboard new collectors into the world of digital art through Coinbase’s new chain, Base. The mint price is intentionally made super affordable to welcome new collectors. Kwon’s art style is heavily influenced by Korean culture, as he has spent half of his life in Korea and the other half in America.
Cozomo de’ Medici, who took his name from the Florentine banker of the early Italian Renaissance, shared the vision of creating an affordable mint to onboard more people into digital art. Cozomo has made significant investments in digital art and has also created a Twitter and email newsletter called Medici Minutes, where he documents his collecting journey and shares insights as the digital art space evolves.
The announcement has received positive feedback from the community, with many expressing excitement and interest in the affordable mint offered by Base.
In addition to the open-edition artwork launch, Kwon will be showcasing a recently sold one-of-one piece called “Am I Dreaming” at The Gateway Korea. This artwork is a self-portrait that visualizes Kwon’s creative process.
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