Sotheby's is auctioning a rare CryptoPunk NFT in another digital trailblazing move for the broker
arts Published 3rd June 2021 Credit: From Sotheby's Written by Rachel Trent A rare NFT is going up for auction and advanced bidding suggests that, like many NFTs, it won't be cheap. Sotheby's is auctioning CryptoPunk 7523, also known as "Covid Alien," as part of its series called Natively Digital: A Curated NFT Sale. The series, which features 27 digital artists, marks the first time a major auction house will bring a collection of the leading NFT artists to auction, according to a news release. The term NFT stands for non-fungible token, and in the simplest terms, NFTs transform art and othe...
Source: cnn.com