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    Sotheby’s will create his NFT sales platform

    Auction house Sotheby’s has announced the creation of a platform for NFT collectors after a sale of about two years. The platform is called “Sotheby’s Metaverse” and buyers will be able to create a personal profile, with “an avatar designed by the famous cryptocurrency designer Pak”. Payments can be made in fiat currency or, of course, in certain cryptocurrencies (Etherum, bitcoin, USDC), explains Sotheby’s in a statement.
    This is the sign of his desire to settle permanently in this sector, which gave impetus to contemporary art against the backdrop of the pandemic, but which already existed before. At Christie’s, a digital work by American artist Beeple sold for more than $ 69 million in March, while the world wide web program at Sotheby’s sold for $ 5.4 million in early July. .
    The platform unveiled profiles of well-known collectors in the industry on Wednesday, including American star Paris Hilton and DJ Steve Aoki. The first sale, named “Natively Digital 1.2: The Collectors”, will take place October 18-26, with 53 lots. Among the works there are creations by Pak, Rare Pepe or Larva Labs.
    NFTs represent about 2% of the world art market, according to the Artprice company’s annual report published in early October

    Press release

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