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The 250-year-old auction house will be auctioning an NFT of one of the most popular digital artists Beeple. For this, Christie’s has partnered with the digital marketplace MakersPlace.
Non-fungible tokens (NFTs) have seen significant growth and growing adoption over the last few years. The 255-year-old auction house Christie’s announced that it will soon auction a digital artwork by Mike “Beeple” Winkelmann using NFTs. For this, Christie’s has also partnered with digital marketplace MakersPlace.
The auction will happen between February 25 to March 11. This is for the first time that one of the world’s most popular auction houses will be using NFTs. Non-fungible tokens (NFTs) allow artists and collectors to guarantee the provenance of digital work. Besides, it does this by verifying the authenticity and ownership of the digital asset securely on the blockchain.