according toaccording toNifty Gateway official website news

, Sotheby's, an internationally renowned auction company, cooperated with NFT trading platform Nifty Gateway to exclusively sell digital artist Pak's NFT-Cube series works from April 12th to 14th.

Wait, what do Unit, Cube, The Switch, and The Pixel mean? Is it only because of Pak's reputation and the popularity of NFT that these "fairy geometry" can set sky-high auction prices? In the following, Odaily will take you to taste it.

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Specific gameplay and auction process

1. During the auction period, collectors will have unlimited quantities in the form of single or multiple pieces at a fixed price ($1,000 per Unit, the smallest unit of pricing for this sale, and also the smallest unit with NFT open editing rights, which can be used for final redemption of NFTs) Buy Units.

• 1 unit = "A Cube"

• 5 units = "Five Cubes"

• 10 units = "Ten Cubes"

• 20 units = "Twenty Cubes"

• 50 units = "Fifty Cubes"

• 100 units = "Hundred Cubes"

• 500 units = "Five Hundred Cubes"

• 1000 units = "Thousand Cubes"

2. According to the number of Units purchased, collectors will receive Cubes of different grades:

• 3. In the end, the number and type of NFT obtained by a certain collector are determined by different "Cube face value stalls" (you can think of the primary school math problem of "going to the commissary to change change"). The official website gives two examples:"Twenty Cubes"Assuming that A bought 37 Units, he will get: 1"Ten Cubes"+1"Five Cubes"+1"A Cube"+2

• = 5 NFTs;"Hundred Cubes"Assuming that B bought 189 Units, he will get: 1"Fifty Cubes"+1"Twenty Cubes"+1"Five Cubes"+1"A Cube"+3

= 7 NFTs.

4. After the 3-day auction ends, the collector with the largest number of Cubes (that is, NFTs) (based on the settlement on the last day of the auction) will receive a unique NFT - "The Cube", which is the upper left of the picture below corner collection.

5. The second work in the picture - "Complexity", has a total of 100 copies and will be given to the top 100 buyers who buy the most Cubes.

• 6. The third work in the picture - "Equilibrium", a total of 4 copies, awarded to the winners of the four "mini-games":https://twitter.com/muratpak/status/1380144433866362880；

• Jigsaw puzzle game, the winner gets an "Equilibrium", see Pak Twitter for details:

• Hunter games, if you have bought Pak's works in the primary (first release) market, and these works have entered the secondary (circulation) market, then the person who owns the most such works will get an "Equilibrium";

• A mini-game of influence, the person who gets the most attention data with the tag #PakWasHere on social media will get an "Equilibrium";

A small game of forecasting, predicting the total sales of these works, and the closest lucky person will get an "Equilibrium".

7. The fourth work in the picture - "The Builder", a total of 30 copies, was distributed to art practitioners, ecological builders and creators who paved the way for Pak and other NFT artists. The final recipient is determined by Pak himself, and will be distributed to those extraordinary art people who have created "that does not exist, but is transformative".

9. The last work in the picture - "The Pixel" (the picture cannot be loaded), is also the only one, starting at $1. It is said that it is an electronic version of 1*1 independent pixels, representing the smallest unit of electronic images in the traditional global auction market. Although it is a small symbol, it will lead localized art to a potential future.

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Who is Pak? What's the point of the whole thing?

According to reports, Pak is an artist at the forefront of digital art and encrypted media. As an anonymous creator, Pak has been active in the digital art world for over 20 years, using iterations of technology to create groundbreaking artworks.

He is the founder and lead designer of Undream Studios and the creator of Archillect, an AI designed to discover and share stimulating visual media.

In the NFT space, Pak has become a leader in eye-catching artwork, novel token mechanics and evolving media.

Nifty Gateway stated that the purpose of holding this sales event jointly with Sotheby’s is to let the public better understand new things such as digital art and NFT. It is the best choice to cooperate with Pak. In a sense, he redefines the The meaning of value in the field of art.10 days ago, Daniel Phillips just finished taking stock of "Top 10 Most Expensive NFTs

". Yesterday, Pak's group of "innovative works" rewrote the ranking list (if you count by set), jumping to the second place with a total price of nearly 15 million US dollars, surpassing the price of 750 US dollars CryptoPunk #7804.

We believe that the sky-high turnover of the Cube series NFT is inseparable from its "fun" gameplay of "open editing" and the mysterious atmosphere exuded by this anonymous encryption artist.