DeeKay Kwon, Cozomo de’ Medici Surprise Collectors With 24-Hour Open-Edition

On Aug 10, South Korean animator DeeKay Kwon and pseudonymous digital art patron Cozomo de’ Medici announced the launch of Kwon’s first-ever open-edition artwork on Base, in partnership with Coinbase L2 and Friends With Benefits (FWB). The drop has already earned $100,000 in the first hour of the launch, according to a tweet from NFTStatistics.

The mint will be available for 24 hours, ending on Friday, August 11 at 9:00 a.m. PT, and allows individuals who may not have ETH or Base ETH, to use a credit card. Those with ETH can bridge their ETH to Base on the mint site.

“Our aim isn’t to create new hype within our bubble; instead, it’s about onboarding new frens into the world of digital art collecting. And we’re doing this through Coinbase’s new chain, Base, where anyone can mint through their credit card—making the mint price super affordable so we can welcome our normie frens as much as possible. This means I am finally having my IRL frens to own my art,” said Kwon in a tweet.

You probably heard the news. @CozomoMedici and I are launching our first open-edition artwork on Base.

While I’ve been skeptical about the open edition for a while, my perspective shifted when @coinbase and @CozomoMedici shared their vision.

Our aim isn’t to create new hype…

— DeeKay (@deekaymotion) August 10, 2023

Kwon’s art style draws major influence from Korean culture, having grown up for half of his life in Korea and the other half in America.

“I wanted it to be affordable enough that people would care less about the money side, and focus more on the art,” Kwon told nft now.

Cozomo also took to Twitter, sharing their vision of creating an “affordable mint to hopefully onboard many more into digital art.” Having taken his name from the Florentine banker who helped finance many foundational artworks during the early Italian Renaissance, Cozomo first came into the digital art scene in 2021, dropping at the time $2.6 million on two CryptoPunk Zombies, sharing more about his background with Christie’s.

He has since amassed an enormous collection of digital art, including works from Kwon, XCOPY, and Sam Spratt.

His weekly Twitter and email newsletter, Medici Minutes, documents and shares his collecting journey and insights as the digital art space evolves.

Gm. Big day.

I wrote this late last night..

” It’s past midnight in Los Angeles. And I just cannot believe what is going down.

My inbox is overflowing, notifications non-stop. Frens from around the world, calling DeeKay and I, asking how they can get their hands on this…

— Cozomo de’ Medici (@CozomoMedici) August 10, 2023

And the community seemed super psyched with the surprise announcement:

Thank you for doing this. Might give me a reason to get into Base.
The fact that Base allows you to natively use a Credit Card for minting and transactions, instead of crypto, is really bullish.

— Supernal (@supernalmystic) August 10, 2023

Wonderfully executed initiative! Congrats to you and the entire team

— Arthur Parkhouse (@AuthenticallyAP) August 10, 2023

Kwon will also be appearing at The Gateway Korea. He will be showcasing a recently sold one-of-one called “Am I Dreaming,” which is a self-portrait that visualizes how he creates his work.

The post DeeKay Kwon, Cozomo de’ Medici Surprise Collectors With 24-Hour Open-Edition appeared first on nft now.

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