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Our columnist checks in midway through a week of NFT madness with surprising thoughts on the art world's future in the crypto space.
The appointment comes as auction houses have seen a shakeup in their executive ranks—and their communications teams.
Murdoch and Xin Li-Cohen both recently invested in Hong Kong-registered TR Lab. In September it will hold an NFT auction of copies of a digital version of a recent painting by Chinese artist Cai Guo-qiang.
Here's Why NFTs Are Selling for Millions Breaking down the latest (very expensive) trend you have definitely heard of. Stay informed and join our daily newsletter now! Email Opinions expressed by Entrepreneur contributors are their own. When non-fungible tokens, or NFTs, first gained the attention of the public a few months ago, few understood what they were and what they were for. Today, they are a booming market, selling for thousands and even millions of dollars apiece. In February, sales of NFT tokens reached $500 million, which is twice as much as throughout all of 2020. A...
Xin Li-Cohen, Deputy Chairman of the world’s leading auction house – Christie’s International – has launched a new NFT platform, as stated in the project’s official blog. The new marketplace, called TR Lab, connects artists and leading art collectors, allowing talented digital creators to auction their artwork. Co-founded by Li-Cohen, known for her broad connections with prominent art industry players, TR Lab intends to become the premier global platform for NFT art with internationally renowned artists onboard. Apart from being positioned as a reliable auction platform, TR Lab also...