Category: Sotheby’s

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Sotheby’s to Auction 3AC’s NFT Collection, Including Larva Labs’ Zombie Punk and Dmitri Cherniak’s ‘Golden Goose’

On Wednesday, Sotheby’s, one of the world’s largest brokers of fine and decorative art, announced its plans to auction a number of non-fungible token (NFT) assets that were previously owned by the now-defunct crypto hedge fund Three Arrows Capital (3AC). The auction, called the “Grails” NFT collection, will take place during Marquee Sale Week at…
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Sotheby’s Auction House Revives Glitch Art Auction, New Gamer Uncovers $50,000 NFT

Auction house Sotheby’s has revived its “Glitch: Beyond Binary” NFT auction after facing backlash over lack of diversity with the initial launch.  The art sale will open on April 19 and feature 34 lots of digital art from different artists involved in the “glitch art” movement, the auction house said in a tweet last week. ……
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Sotheby’s relaunch Glitch digital art sale, newbie gamer uncovers $49K NFT and more

After considering diversity concerns, Sotheby’s has relaunched its Glitch digital art sale. Sotheby’s auction house has significantly altered its latest art sale after receiving community feedback regarding a lack of diversity. Meanwhile, a novice player in Illivium: Beyond has made a staggering profit of 140,525% by finding the most elusive character in the game yet.…
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International Women’s Day: Sotheby’s Auction House and UnicornDAO to Hold Art Auction Benefitting Women’s Rights

In honor of International Women’s Day, Sotheby’s auction house is hosting a benefit auction titled “My Body, My Business.”  The event will showcase a diverse collection of feminist artwork, including non-fungible tokens (NFTs), featuring established and emerging female artists. The auction promises to be a celebration of creativity, empowerment, and the enduring strength of women’s…
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Leading Auction House Christie’s Launches Web3 and Fintech Venture Arm

On Monday, Christie’s, the leading British auction house founded 256 years ago in 1766, announced the launch of a new venture fund called Christie’s Ventures. According to the announcement, the company’s venture arm plans to focus on “[Web3] innovation, art-related financial products and solutions, and technologies that enable seamless consumption of art.” Christie’s Ventures to…
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Report: Luxury Fashion Retailer Farfetch to Accept Crypto Assets for Payments

The British-Portuguese luxury fashion retailer Farfetch said it will accept crypto assets soon thanks to a partnership with the German crypto platform Lunu. Farfetch will accept seven different crypto assets including bitcoin, ethereum, and binance coin, and the feature will be rolled out to select clients and then expanded to the general public. Luxury…
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Nifty News: David Beckham’s DigitalBits, CoinSpot’s NFT marketplace, and more

Crypto companies continue to ramp-up marketing efforts with sports stars, with Beckham the latest to partner with blockchain provider, DigitalBits. Iconic former English Premier League footballer, David Beckham, has become a global brand ambassador for the DigitalBits blockchain, launching his own range of NFTs in the process. Beckham will release a series of NFTs and…
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Phillips Auction Featuring Basquiat Painting Worth $70M to Accept Bitcoin, Ethereum Payments

On May 18, the auction house Phillips will be hosting an evening sale featuring the work of the American artist Jean-Michel Basquiat. Phillips’ Evening Sale of 20th Century & Contemporary Art will auction Basquiat’s “Untitled, 1982” piece worth an estimated $70 million. According to the announcement, Phillips has revealed the auction will accept ethereum or…
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Sotheby’s Cancels Cryptopunks NFT Auction After Consignor ‘Decided to Hodl’ Collectibles

On February 8, the multinational luxury auction company Sotheby’s announced the firm would be auctioning 104 Cryptopunk non-fungible token (NFT) collectibles, but before the event started Sotheby’s canceled the event. It seems “0x650d,” the owner of the Cryptopunks NFTs, decided to keep the assets that were estimated to fetch around $20 to $30 million at…
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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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