Sotheby’s has been dominating the NFT auction space in recent years. In that context, the 275-year-old auction house has launched its secondary NFT marketplace within its metaverse. This platform is a home for fine art nonfungible tokens (NFTs). It marks the firm’s additional expansion into the digital asset space. This development has now set Sotheby’s… Continue reading Sotheby’s Metaverse Introduces Innovative On-Chain NFT Marketplace
Tag: Sotheby’s auctions
Sotheby’s Art Sales Reach A Record $7.3B So Far In 2021
Sotheby’s has so far sold a staggering $7.3bn (£5.5bn) worth of art and many other collectibles this year. That is the most revenue that it has generated during its 277 years of existence. The auction house credits younger and tech-savvy collectors for these high annual sales. It said on December 15 that an “influx of… Continue reading Sotheby’s Art Sales Reach A Record $7.3B So Far In 2021
NFTs Now Target DAOs, Airdrops, Public Domains, And Token Issuance
Nonfungible tokens (NFTs) have been key in revolutionizing the crypto sector in 2021. The innovation in the NFT space appears to be moving as fast as the prices involved. Some of the most recent and notable developments are highlighted by analysts and enthusiasts. In this space, volatility is the name of the game amid the… Continue reading NFTs Now Target DAOs, Airdrops, Public Domains, And Token Issuance