The Foundation's inaugural GENESIS auction, powered by Base, concluded recently, marking a significant event in the digital art space. Artists and collectors engaged actively, listing and bidding on unique 1-of-1 pieces with the allure of lower gas fees and worldwide shipping. The auction featured 15 unique pieces, with bids averaging around 1 ETH and a reserve price of 0.45 ETH for some pieces. The highest bid received was for 'Semiperfect' by Jack Butcher, which fetched 4.2069 ETH. In total, the auction saw 22 ETH in bids from 128 unique bidders across 375 bids, with less than 24 hours left before closing. This event highlighted the potential of blockchain technology in reducing costs and barriers for artists, with Base network facilitating a smoother transaction process. Additionally, a free mint commemorating the GENESIS event was announced, celebrating the successful auction and the vibrant community around it.