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Auction Houses Sotheby's, Phillips Latest To Join NFT Craze By Thomas URBAIN 04/12/21 AT 1:21 PM Sotheby's and Phillips launched so-called NFT auctions on Monday, a month after Christie's sold a digital artwork for $69.3 million, as traditional auction houses seek to capitalize on the craze shaking up the art market. Three months ago, barely anyone had heard of a non-fungible token (NFT), a digital object such as a drawing, animation, piece of music, photo, or video with a certificate of authenticity created by blockchain technology. But that changed in March when a digital collage by Ame...

Sotheby's unveils new details about NFT sale 'The Fungible' Collection by Pak Fungible Open Edition, Single Cube. Courtesy Sotheby’s. NEW YORK, NY .-Sotheby’s embarks on its debut NFT partnership with Pak, one of the foremost digital creators, to bring their novel works to collectors through a unique sale that will explore the possibilities of crypto technology through the lens of art. ‘The Fungible’ Collection by Pak will be released over a three day period taking place 12 – 14 April, in collaboration with Sotheby’s and exclusively on Nifty Gateway. Pak is an enigmatic creator at th...

Fungible Open Edition, Single Cube Courtesy Sotheby's and Pak Not content with letting Christie’s hog all the crypto-limelight following that $69.3m Beeple sale, Sotheby’s has announced that it will collaborate with the digital artist Pak on the sale of an NFT. Sotheby’s is being vague on the details for now—more will be announced soon. But the auction house’s new alliance with the (wait for it) “omniscient designer/developer/wizard” and founder of Archillect, an AI-driven visual content sharing platform, is clearly a statement of intent. “We wanted to part...

With no hype whatsoever, Sotheby’s proclaims Pak, who uses “they” pronouns, to be “an omniscient designer/developer/wizard” who is also the creator of Archillect, which is billed as “an AI created to discover and share stimulating visual content.” Stimulating! The sale will include open editions and unique works. More information is to come, says the house. Sotheby’s has ventured outside the traditional art world into a field that has seen a meteoric rise in market and media attention in recent weeks. To name only the biggest headline-grabber, Christie’s sold an artwork by...

mmaroney@sungazette.com The weather is breaking and those who care about accessibility in Williamsport’s nine parks were given assignments to check for inclusivity and access as the city consulting firms go after federal and state government grants. Three of the members on City Council’s accessibility advisory commission Thursday said during the meeting on Zoom that they were willing to go out and check on any issues they find that may be able to put on a list for two of the city economic development consulting firms – Delta Development Group and Thomas Keller and Keller Partners. The i...