Sotheby rakes $100 million profit from NFT auctions

While blockchain technology has been with us for the best part of the last decade, 2021 is unarguably the year that saw a widespread adoption of some of the use-cases of the technology like its use in crypto, non-fungible tokens (NFT) and even in decentralized finance (DeFi).

The post Sotheby rakes $100 million profit from NFT auctions appeared first on CryptoSlate.

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ConstitutionDAO [PEOPLE] charts a New High after OKEx Listing

ConstitutionDAO [PEOPLE] saw a massive surge in the price movement, hitting as much as $0.087 in the early hours of 27th November 2021, and continued to rake in new highs. Apart from that, the single-day trading volume on the previous day swooped a whopping $48 million, which is higher than the sum of the past […]

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ConstitutionDAO: PEOPLE price pumps 200% as new ‘We The People’ token unveiled

Meanwhile, the trading volumes across the crypto’s main instruments dropped by nearly 100% in the same period.

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Crypto Group ConstitutionDAO Plans to Refund Money and Shutdown, after Losing Auction

After failing to outbid billionaire Ken Griffin in auction for a copy of the US Constitution, the decentralized autonomous organisation ConstitutionDAO is planning to shut down after refunding the money it raised. (Read More)

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Hedge Fund Billionaire Ken Griffins Manages to Outbid for Copy of US Constitution

Hedge Fund billionaire Ken Griffins outbid a coalition of crypto investors to buy a rare, first-edition copy of the US constitution at a Sotheby’s auction. (Read More)

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Plot Twist: Ken Griffin Steals The Constitution From The People

Turns out, ConstitutionDAO lost to the most narratively satisfying option, Ken Griffin.  Covered: Ken Griffin: The Plot Twist. The Differing Visions Of Ken Griffin And ConstitutionDAO Ken Griffin: The Plot Twist. If you liked Ken Griffin restricting trading in GameStop, you're going to love him outbidding ConstitutionDAO. — Douglas A. Boneparth (@dougboneparth) November 19, 2021 […]

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ConstitutionDAO Fails to Win the Bid for the First Edition Print Copy of “The ‘Official Edition’ of The United States Constitution”

Meanwhile, in its quest to illustrate the capabilities of the People, the ConstitutionDAO—an online group–has failed to acquire the last privately owned, first edition copy of the U.S. constitution on Sotheby’s despite raising over $48 million from more than 17.5k users. Instead, auction records show that the “The ‘Official Edition’... Read More

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ConstitutionDAO Fails to Win the U.S. Constitution Copy on Sotheby’s Auction, after Raising Crowdfund $47M

Breaking: Decentralised autonomous organisation ConstitutionDAO lost ownership by failing to win the bid for the printed copy of the U.S. Constitution at a Sotheby’s public auction. The Lot finally sold for $43.2 million. (Read More)

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