The Christies X OpenSea collection is open for viewing from 1 December. Artworks handpicked by a Christies specialist will feature artists such as Andre O’Shea, Recur, Oseanworld, GMUNK, Ash Thorp and others.
NFTs continue to excite much interest and enthusiasm as can be noted with OpenSea’s reported $3.4 billion sales in this category. Purchased with fiat or cryptocurrencies, these digital collectibles are drawing a lot of value into the space.
Noah Davis is the head of digital and online sales at Christies, as well as being a specialist in the NFT field in his own right. He commented on the upcoming collaboration:
“My hope is that this will be the beginning of a new era for NFT sales at Christie’s, where amazing technology can be deployed to its full potential and facilitate the on-boarding of even more traditional contemporary art collectors to Web3,”
The collection will be open for browsing only from 1 to 3 of December, after which, bidding will commence, starting on the 4 through to the 7 of December.
According to an article on Gadgets.ndtv.com, NFT sales volume has increased eightfold in Q3 as compared with Q2, reaching a staggering $10.7 billion.
Christies has had much success with its foray into the world of art NFTs. Earlier this month, the auction house sold off an artwork by American artist Mike Winklemann, known to most as Beeple. His futuristic piece, entitled Human One, sold for just short of $30 million.
NFTs aren’t only disrupting the artworld. They are being used in many use cases in the crypto/blockchain sectors in order to prove unique and undisputable ownership of many assets, from in-game items in the gaming industry, to luxury items, to share ownership, among others.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
