KEY POINTS
Art gallery and design studio Asprey Studio is once again delving into the realm of non-fungible tokens (NFTs).
This time, the studio has brought forth “Silver Scream“, an NFT edition of Edvard Munch’s renowned monochrome masterpiece “The Scream,” dating back to 1895 (litho), sourced from the official Art Institute of Chicago archive via Bridgeman Images.
The collection comprises 444 NFTs minted on the Bitcoin network, with 434 of them being unique and showcasing varying levels of rarity. Each NFT is priced at 0.01 BTC, roughly equivalent to $715.
Additionally, there are 10 physical counterpart framed artworks available. These pieces will undergo a process of hand-block oxidation on sterling silver and embellished with “silver dust”. The price tag for each physical piece is set at $20,000.
The minting phase is slated for the end of the month, with Asprey Studio members having whitelisting priority.
This isn’t the first instance of Munch’s iconic “The Scream” being the focal point of an NFT collection. Back in February, digital collectible platform ElmonX introduced an NFT featuring the artwork, minted on Ethereum, offering exclusive augmented reality experiences for buyers.
For Asprey Studio, this release marks the second collection unveiled on the Bitcoin network. In April 2023, the studio collaborated with Bugatti to reveal the Egg Collection, a series of physical and NFT egg-shaped artworks on the Bitcoin blockchain.
Bitcoin NFTs have demonstrated significant performance since their inception in 2023. By December 2023, Bitcoin NFTs had already surpassed $881 million in sales.
Last month, Bitcoin-based NFT sales surged past $500 million in March, outpacing Ethereum and Solana. In the first 9 days of April alone, Bitcoin NFT sales have already exceeded $110 million, according to CryptoSlam data.