Category: Auction

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Auctioneer willing to sell $70M artwork for BTC or ETH

A leading U.S. auction house, Phillips is auctioning a Baqueirat collection in May. Accepted payment options include Bitcoin and Ether. In further signs of crypto adoption among the art world, a leading United States auction house will accept crypto as payment for a series of paintings. A Jean-Michel Basquiat collection is up for auction by…
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CryptoPunks ‘have changed the history of art,’ says panel at Sotheby’s auction

Despite a canceled sale of 104 CryptoPunks, auction-goers and live stream participants listened to a panel of NFT experts who shared their love of Punks. CryptoPunks enthusiasts and hopeful bidders gathered Wednesday night at Sotheby’s auction house in New York City for what turned out to be a non-event after the consignor of 104 CryptoPunks…
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Seller ‘rugs’ $30M CryptoPunks collection minutes before Sotheby’s auction

After pulling out of $30 million Sotheby’s auction just minutes before it was set to go live, the anonymous NFT collector made fun of the luxury art auction house on Twitter. NFT enthusiasts and fine art collectors have been left confused, after an auction for a collection of 104 CryptoPunks estimated to be worth around…
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Counterfeit NFTs result in marketplace shutdown: Experts weigh in

The NFT Platform famous for minting Jack Dorsey’s first tweet has halted NFT operations amidst counterfeiting and illicit activity calls. “Rampant” issues relating to minting counterfeit nonfungible tokens, or NFTs, have forced popular platform Cent to halt some operations. Founded in 2017, Cent kicked off as a “social network and informal platform for creative experimentation.”…
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Luxury Auction House Sotheby’s Plans to Auction 104 Cryptopunks Worth an Estimated $20M

On Tuesday, the British-founded American multinational luxury auction company Sotheby’s, headquartered in New York City, announced the auction house is planning to auction a lot of 104 non-fungible token (NFT) Cryptopunks. The lot of 104 NFTs is predicted to fetch around $20 million to $30 million in USD value, according to Sotheby’s. Sotheby’s ‘Punk It!’…
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Konami to Keep Selling NFTs to ‘Preserve Content’

Konami, one of the leading Japan-based game developers, elaborated on its future policy regarding NFTs. In its latest financial results meeting, Konami touched briefly on the subject of NFTs, and explained it would go on with its activities involving this technology as a preservation tool for some of its beloved franchises. Konami to Use NFTs…
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NFTs to help brewers and farmers preserve UNESCO Belgian beer heritage

As a part of the partnership, Zeromint will mint and offer exclusive NFTs on the GoChain blockchain, which will be made available for international beer fans via BBA. Brewers and farmers from Belgian Barrels Alliance (BBA) have partnered with Zeromint to offer nonfungible tokens (NFTs) aimed at preserving the UNESCO recognized Belgian beer culture and…
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3 embroidery artists weave NFT charity drop to help victims of human trafficking

Hope for the Future offers support and the opportunity of a new start to people affected by human trafficking or sexual exploitation. Three embroidery artists — Russia’s Katerina Marchenko, Brazil’s Aline Brant and Ninni Luhtasaari of Finland — announced Thursday that they will be auctioning their nonfungible token (NFT) art pieces to support Hope for…
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Vodafone auctions world’s first SMS ‘Merry Christmas’ as NFT for charity

The historic 15 character-long SMS will be auctioned off to help the displaced refugees across the globe. British telco giant Vodafone has reportedly plans to auction the world’s first Short Message Service (SMS) in the form of a nonfungible token (NFT) on Dec. 21. The SMS, that reads “Merry Christmas”, was sent 29 years ago…
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First Wikipedia edit NFT sells at Christie’s for $750K

The Wikipedia-themed sale at Christie’s also featured an iMac used by Wales to create Wikipedia, which sold for $187,500. After celebrating its 20th anniversary in January, the free internet encyclopedia Wikipedia continues making history by selling its first nonfungible token (NFT) via auction giant Christie’s. On Wednesday, Christie’s completed an auction of two Wikipedia-related objects…
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