Larva Labs' Quine Auction Raises $14M on Art Blocks
- Larva Labs closes Quine series auction, raising $14 million.
- Strong demand observed with $31,000 per NFT.
- Ethereum central in generative art market growth.
Larva Labs’ auction on October 10, 2025, sold Quine NFTs for 7.56 ETH each, totaling $31,000 per token, marking a significant moment in generative art on Ethereum.
This event underscores Ethereum’s pivotal role in the NFT market, as evidenced by the rapid secondary sales and influential creators like Larva Labs solidifying their legacy in digital art.
The Art Blocks auction for Larva Labs’ Quine series concluded on October 10, 2025. Each NFT fetched 7.56 ETH, roughly $31,000, positioning Quine as the final curated series by Art Blocks and a major generative release.
Led by John Watkinson and Matt Hall, Larva Labs partnered with Erick Calderon’s Art Blocks for this curated release. The auction saw 477 NFTs distributed, highlighting the platform’s influence on generative art.
The auction’s success underscores the mounting interest in generative art NFTs within the blockchain community. Immediate trading activity saw resale prices hitting 8.9 ETH ($36,490) and 9.45 ETH ($38,750), reflecting rapid market response.
Financially, the auction amassed over 3,606 ETH (~$14 million), demonstrating Larva Labs’ continued impact in the NFT sphere. This event reinforces Ethereum’s role, with all transactions conducted in the cryptocurrency.
The Quine series’ impact on Ethereum demonstrates its pivotal function within the NFT market. Historical releases like CryptoPunks exemplify Larva Labs’ contributions to the industry. Future projects may rely on such substantial precedents for valuation insights.
Potentially, this event heralds increased investment in generative art technologies and blockchain infrastructure. Market reactions indicate robust consumer interest. Current trends and data suggest sustained engagement, influencing both value assessments and regulatory discourse.
Erick Calderon, Founder, Art Blocks, remarked, “These guys launched punks and created that magical ‘aha’ moment that made everything click for a lot of people, basically consuming many of our lives every. single. day. since. Hard to imagine what this place would be like had these guys not done what they did. It’s even harder to imagine anyone else I would be more honored to close out Art Blocks Curated than them.”
