Avalanche launches initiative for digital artists, NFT creator protests Sotheby’s gender bias, and more

In a March 30 blog post, The Avalanche Foundation announced the launch of Avaissance, an initiative designed to support digital artists and boost the growth of the Avalanche nonfungible token (NFT) ecosystem. Avaissance has two main components, an Artist in Resident program (AIR) for over 50 artists and the Mona Lisa Initiative (MLI) to curate [...]

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99-year-old Hungarian artist’s computer generated NFTs sold for $1.2M

Computer-generated nonfungible tokens (NFTs) created by Hungarian artist Vera Molnár in collaboration with Martin Grasser sold out during Sotheby’s Dutch auction for 631 Ether (ETH), or around $1.2 million, in less than one hour.  Molnár’s Themes and Variations #1 sold for 19.84 ETH | Source: Sotheby’s According to the July 26 announcement, the “Themes and [...]

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Luxury Auction House Sotheby’s Sells Portion of 3AC’s NFT Collection for $2.5 Million

Sotheby’s, the luxury auction house, successfully generated $2.5 million through the sale of non-fungible tokens (NFTs) from the now-defunct crypto hedge fund Three Arrows Capital (3AC). Among the sold pieces was Fidenza #725, a digital collectible crafted by the artist Tyler Hobbs. This Fidenza #725 NFT commanded an auction price of over $1 million during

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Liverpool FC to Launch NFT Collection in Partnership with Sotheby’s

English Premier League team, Liverpool FC, has announced the launch of its NFT collection which will feature the heroic side of its men’s team. (Read More)

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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.

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Seller Cancels $30 Million NFT Auction Hosted by Sotheby

The cancellation of an auction for 104 CryptoPunks, was worth $30 million. The anonymous owner of CryptoPunk goes by ‘0x650d’

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The Metaverse: A New Virtual World to Live In?

The metaverse is here to stay. The digital transformation that's currently taking place is seen as the next big development in the evolution of the internet. (Read More)

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Sotheby’s to auction 104CryptoPunk NFT as one collection

On February 23, auction house Sotheby’s will sell 104 CryptoPunk non-fungible tokens (NFTs) during its New York City auction. Sotheby’s, the English art auction company, announced Tuesday that 104 CryptoPunks, one of the biggest and most famous NFT collections to date, will be auctioned off. The auction house will hold the first special live evening sale […]

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Sotheby’s to Auction Over 100 CryptoPunk NFTs

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Christie’s net $150 million in NFT sales dominated by Beeple

There is no doubt that the NFT space has performed exceptionally well this year.

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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).

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Sotheby's Metaverse to Launch Largest NFT Charity Auction with Sostento

Sotheby’s Metaverse announced that it has partnered with Sostento for the "biggest non-fungible token (NFT) charity auction ever". (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 Brings Ethereum Into The Mainstream, How Mass Adoption Is Next

Ethereum is grabbing attention from some unexpected names (TIME magazine, Sotheby’s) among top corporations. Is mainstream Ethereum adoption coming soon?  Covered: Ethereum Adoption In The Headlines Is Ethereum Ready To Go Higher As the crypto market recovers from a steady correction throughout the past week, Ethereum (ETH) has been making waves in the mainstream. RECOMMENDED: […]

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ConstitutionDAO Fails In Their Bid To Bring DAOs To The Mainstream

ConstitutionDAO? More like ConstitutionD’oh.  Covered: ConstitutionDAO Fails The People DAOism Reaction From Twitter ConstitutionDAO Fails The People We might have lost the Constitution, but with $41M we should have enough to buy a US Senator. Maybe two, depending on gas fees. — Matt (@regulatorynerd) November 19, 2021 A private collector outbid ConstitutionDAO for one of […]

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Breaking: ConstitutionDAO Loses Bid For Constitution To Anonymous Collector

ConstitutionDAO? More like ConstitutionD’oh.  Covered: ConstitutionDAO Fails The People A More Perfect DAO Reaction From Twitter ConstitutionDAO Fails The People We might have lost the Constitution, but with $41M we should have enough to buy a US Senator. Maybe two, depending on gas fees. — Matt (@regulatorynerd) November 19, 2021 A private collector outbid ConstitutionDAO […]

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Crypto group loses bid to buy rare US Constitution copy in ‘record breaking’ Sotheby’s auction

advertisement Sotheby’s said Thursday night that a rare copy of the U.S. Constitution was sold for $43.2 million at auction — but unfortunately, the win did not go to a week-in-the-making community that raised tens of millions of dollars for just this purpose. Organizer Julian Weisser confirmed the loss amid a chaotic online viewing party […]

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World’s Largest Collector Car Auction House RM Sotheby’s to Accept Cryptocurrencies – Bitcoin News

On Wednesday, the world’s largest collector car auction house by total sales, RM Sotheby’s, announced the company will be accepting cryptocurrency payments via Bitpay. The firm’s upcoming Guikas Collection sale on November 19 will be RM Sotheby’s first auction to accept digital currency payments for collectible automobiles. RM Sotheby’s Announces Crypto Payment Support via Bitpay […]

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Auction Houses Have Welcomed NFT Sales! Find Out Why!

It was a gamble on the growth of the NFT industry, Trenchev said. Many purchasers are cryptocurrency millionaires. Sotheby’s sold

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Sotheby's to Accept Ether in Live Bidding for Sale of Banksy's Works

Sotheby’s auction house will be accepting Ethereum cryptocurrency during live bidding for its upcoming virtual exhibition where two of Banksy's artworks will be up for sale. (Read More)

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