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Portrait of Famed Fashion Designer Virgil Abloh by Pop Culture Artist Rob Prior and its 1:1 NFT sold for $1 Million at Art Basel Miami -Breaking

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Portrait by Rob Prior of the Famed Fashion Designer Virgil Abloh and its 1:1 NFT were sold at Art Basel Miami for $1 million

Rob Prior is an internationally acclaimed pop artist, painter and musician. He announced today the sale of a landmark multi-million-dollar artwork at Art Basel Miami. Daniel Pettit, a real estate executive, purchased Virgil Abloh’s watercolor portrait for $1million. Pettit purchased the piece immediately after Prior made it in Miami. The painting comes with an extremely rare 1:1 NFT portrait, which was minted in QNFT (a division of BQT Technologies).

“As an art collector, it’s one thing to make a transactional purchase and own a piece of art,”
Pettit stated.

“But watching Rob paint, and then getting to take that piece home and relive that experience, it takes his art to an entirely different level.”
Prior will be expanding his NFT-related work. Prior’s first NFT offering, “Reign of Money: What the F#$%,” a 1:1 NFT sold for $182,050. With a new cryptocurrency-based project, the artist builds on his NFT successes. Prior, who is a member of QNFT (a group that develops blockchain platforms), will be partnering with QNFT to create a range NFTs that feature his famous art for NFT collectors. BQT Technologies CEO Edward W. Mandel called the partnership with Prior “a no-brainer.”

“Watching Rob paint is like watching a symphony conductor at Carnegie Hall and we are humbled to be part of Rob’s team. We are saving all the ‘back-stage’ content of Rob’s making his masterpieces for the NFT metadata to be recorded in history,”
Mandel said.

Among other artworks were a pair of portraits featuring multi-world championship winning boxer Canelo Álvarez, which sold together for $500,000. The proceeds of one Canelo piece, “To the Left: Canelo Portrait No. 1,” will be donated entirely to charity. Additional sales included a heart-touching portrait of global art icon Frida Kahlo, which was inspired by the recent sale of her ‘Diego Y yo’ self portrait at Sotheby’s for $34.9 million. Prior also completed and sold a pair of Bruce Lee portraits, and one of his “Stan Lee Legacy Collection” parody comic book covers featuring and signed by comic titan Stan Lee, which will go to the home of an anonymous HIllsboro, FL, pharmaceutical executive.

Steven Wang works as an executive with Las Vegas-based Fantasy Sports company Superdraft. Bruce Lee has been a favorite of his for a while, and Wang was fascinated by Prior work when he attended Art Basel Miami. Wang eventually purchased the portraits.

“Bruce Lee has always been my hero,”
Wang.

“When I saw Rob’s paintings of the great Bruce Lee, I connected instantly. Rob is a talented artist who was able to reflect the greatness of Bruce Lee and his character, such lively pieces, I felt Bruce was moving in these paintings.”
After the sale, Prior expressed his gratitude to the collectors, stating “I always tell fans ‘I do art.’ But, I have to say, it’s kind of humbling that collectors express the interest and faith in my pieces to place a value like this on them.”

The majority of works that were sold took place at several large venues around Miami like Context Hall. Prior’s Miami appearance proved once again his ability to mesmerize immense crowds of art connoisseurs from all over the world.

A member of the audience, present at the live painting performance by Virgil Abloh pointed out that

“I watched as onlookers cried, overcome by the power of the live creation of this true art.”

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