last fall, $2 trillion was erased from the industry’s total market value.
The generative art community turned its eyes to the bankruptcy proceedings in hopes of tracking “The Goose’s” fate. Three Arrows’ NFT collection made up only a fraction of the multibillion-dollar liquidation process, but liquidator Teneo waited and chose to work with Sotheby’s to “maximize the value of these assets on behalf of all creditors,” said Russell Crumpler, a managing director at Teneo.In a message to The Post, 6529 described the moment “The Goose” first escaped him.
Both Hobbs and Cherniak said that Davies and Zhu owning their artwork added to its lore, and with it, its value.“There’s all sorts of great works of art that have passed through questionable hands,” Hobbs said. “As long as people are able to see and enjoy the work, that’s what matters most to me.” were outbid by Citadel chief executive Ken Griffin, and chaos ensued when group members couldn’t decipher if they had won or lost.