Christie’s auctions its first purely digital artwork in form of blockchain token
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....
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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....
The addition of auction formats should make buying and selling digital artwork easier, more fun and more profitable. Digital art trading platform SuperRare has launched two different timed auction formats, to complement its existing fixed-price and open-offers sales.Early-access began on Dec. 7, with a number of special auctions featuring works by well-known digital artists being run to celebrate SuperRare Auction Week.Full public access to the auction features will become available on Dec. 14.The two new formats are Scheduled Auctions and Reserve Auctions, which are carried out fully....
The artwork titled, ‘Portraits of a Mind’ created by the Robert Alice project is a set of 40 paintings made up of a transcription of the code associated with the Bitcoin blockchain.
The world’s largest auction house, Christie’s, will be presenting Bitcoin artwork for the first time. Block 21 of “Portraits of a Mind,” an art project showcasing the original Bitcoin code by Satoshi Nakamoto, will include a painting and a unique digital non-fungible token. Bitcoin Artwork Arrives at Christie’s Robert Alice, a blockchain art project, announced Wednesday the sale of a key artwork in the series entitled “Portraits of a Mind” at Christie’s, the world’s largest auction house. Portraits of a Mind is “a global art....
According to the auction company, its first investment will be in LayerZero Labs, a company developing solutions for enabling omnichain decentralized applications. Christie's, the auction house known for its sales of art and luxury items, has launched an investment fund to support emerging companies with technology enabling “seamless consumption of art.”In a Monday announcement, the auction company said the fund, Christie’s Ventures, will financially support firms in Web3, “art related financial products and solutions,” and technology related to art and luxury goods. According to....