Christie’s To Auction Art Blocks NFT With Ethereum Bidding
In a landmark announcement today, leading auction house Christie’s will break into a new territory for auctions. Christie’s will be the first of it’s kind to auction off a lot of NFTs with live bidding in Ethereum. The auction will be centered around Art Blocks Curated, a growing NFT series joining the ranks of some […]
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Christie’s to auction its first purely digital work by Mike “Beeple” Winkelmann through an NFT marketplace. British auction house Christie’s has announced the auction of its first ever “purely digital work of art." Announcing the news Tuesday, Christie’s said that the NFT artwork will be issued in partnership with major NFT marketplace, MakersPlace. Dubbed “Everydays - The First 5000 Days,” the piece was created by Mike Winkelmann, who goes by the name Beeple.According to the official page of the NFT auction, the starting price for the work, which interested parties can bid on from Feb. 25....
The U. S. Marshals held their third auction for the bitcoin seized from Ross Ulbricht during the Silk Road investigation, auctioning off 50,000 bitcoin on March 5. Demand in this auction was higher than in the second auction held last December, but not as high as the original auction in June 2014. All told, there were 14 registered bidders who participated in the auction. Participants in this auction included Barry Silbert and SecondMarket Inc., Pantera Capital led by Dan Morehead, and Kardashev Capital. There were 10 blocks of 3,000 bitcoin and 10 blocks of 2,000 bitcoin available for....
The famed auction house claims it will be the first to accept crypto for a real-time auction of physical art — but other auction houses are not far behind. Prestigious auction house Sotheby’s has announced it will accept Ethereum (ETH) bids in real time for its Nov. 18 auction that includes works by famed street artist Banksy.Sotheby’s claims this will be the first time an auction house has accepted crypto in real time as a standard currency for payment in an auction on a physical work of art. The auction, titled ‘The Now Evening Auction’ features Banksy’s Trolley Hunters and Love Is In....
The US is set to sell off 50,000 bitcoins previously owned by jailed Silk Road founder Ross Ulbricht in a sealed auction, it has been announced. Registration has already commenced for bidding on the coins, which were seized in October 2013 during a raid on Ulbricht’s computer equipment, and will run until March 2. The auction is made up of two series, 10 blocks of 20,000BTC and 10 blocks of 30,000BTC respectively. Bids for the auction, the third of its type and the first since Ulbricht’s conviction, are subject to strict rules: participants may not change their bids after submission and....
The new marketplace allows the prestigious auction house to carry out auctions and sales on the Ethereum blockchain “from start to finish.” After a series of successful high-priced nonfungible token (NFT) sales, Christie’s has launched its own dedicated NFT "on-chain auction platform," allowing auctions to be carried out fully on-chain on the Ethereum network. The 256-year-old British auction giant, which is also the second-largest auction house in the world by fine-art auction revenue, said its “Christie’s 3.0” allows for NFT auctions to be conducted entirely on the ETH network “from....