Sicilian artist Matteo Mauro announced at the end of April 2021 his intention to enter the NFT world with his first drop, dedicated to his physical art collectors, which took place at the beginning of May on OpenSea for a value of about 0.22 ETH.
In fact, at the time of his first entry into the NFT world, Mauro had already begun tokenizing his collector’s physical artwork.
Then, on May 20, Mauro dropped his first official NFT on Foundation, selling it for 1 ETH at an Ether value of over $2,700.
From then on, Matteo Mauro’s career in the NFT world continued with more and more drops and new Italian and international collectors until one of his cryptocurrency artworks was valued at 7 ETH. from the first drop to the last, the price kept climbing without dropping. In just two months, it climbed steadily from $800 to $16,000, marking a 20-fold increase in his tokens.
A few days ago, Mauro sold his piece “My Baroque” for over $16,000 for 7 Ether.
This progress in terms of his NFT price growth took only 2 months, which is definitely due to the importance of the cryptocurrency art scene and of course his skills and career in the traditional art world. The artist remains determined to develop more rare and fascinating NFT pieces that will lead to his progressing career in the crypto art world.
For collectors interested in investing in his project, the Micro-Megalithic Inscriptions, Matteo has created a dedicated NFT page on his website.
To access it, simply send a password request to the artist.
His water drops can be viewed on the Foundation.
The rising value of NFTs
According to data reported in the second quarter of 2021, the number of NFT buyers increased by 25% over the previous quarter and by 48% in terms of dollar volume.
Therefore, it is a fact that the NFT market is growing, including the crypto art market, even though the value of crypto assets is not growing as much. In fact, the value of ethereum has fallen by 18% in the last 3 months.
About Matteo Mauro
Matteo Mauro’s works are being or have been exhibited in prestigious museums on all continents, such as MEAM in Barcelona, the Songyang Museum of Contemporary Art in spring in China or the Crocetti Museum in Rome.
In 2018, the Royal Academy of Arts exhibition presented one of his digital sculptures, made in wood through a Kuka robot, worth £250,000. The gift shop he put online last Christmas sold out in less than a month.
Matteo Mauro is best known for his series of paintings, Micromegalic Inscriptions, which have won various awards, including the International Van Gogh Prize given by José Van Roy Dalí. The story of these works produced the book of the same name, Micromegalic Inscriptions, A Rococo story of contemporary engravings, published by Le Penseur in 2017.