One of the most prestigeous auction houses worldwide, Christie’s, will accept Ether bids for its upcoming Art Blocks Curated auction. This decision further mainstreames the crypto industry, as more and more giant companies embrace the new technology.
Christie’s now accept payments in Ether
Although the NFT industry has been skyrocketing in popularity this year, many institutions are still reluctant to join the market. This October, Christie’s becomes the first leading auction house globally to allow Ethereum bidding for one of its auction.
The sale features Art Blocks Curated: Sets 1-3, and it comes as part of the Post-War to Present auction. Bidding starts on October 1st, and the event will be held in New York City.
Surprisingly, Christie’s has been showing interest in the NFT market way before other renowned institutions have. In fact, the auction house has even created its own NFT section: Christie’s Encrypted.
Earlier this month, Christie’s has announced the exciting sale of NFT Curio Cards – the first Ethereum NFT Collectibles, created back in 2017.
Art Blocks: revolutionizing the NFT market
NFT collectors are beyond thrilled about Christie’s Art Blocks Curated sale. The NFT platform has exploded this year as more and more collectors become fascinated with generative art.
Art Blocks is the first of its kind platform to focus on promoting generative artists exclusively. One of its most renowned collection to date called Ringers was priced at over $5.6 million last month. Meanwhile, a Fidenza NFT was sold for $3.38 million, shortly after becoming the first Art Blocks collectible to score 100 ETH in sales.
All investment/financial opinions expressed by NFTevening.com are not recommendations.
This article is educational material.
As always, make your own research prior to making any kind of investment.