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    Home » News » Shawn Yue NFT collection raises over HK$121.6mil

    Shawn Yue NFT collection raises over HK$121.6mil

    By Ross WardropOctober 3, 2021Updated:January 26, 20232 Mins Read

    Shawn Yue recently raised HK$121.6 million ($21.2 million USD) through an online auction, which included NFTs, named ‘No Time Like Present’ in collaboration with Christie’s. Yue is a 39-year-old old actor from Hong Kong.

    Shawn Yue NFT
    Hong Kong Actor, Shawn Yue has shown his belief in NFTs, he owns a Cryptopunk and has held an auction with Christie’s.

    About Shawn Yue’s Auction with NFTs

    Recently, Hong Kong actor, Shawn Yue, who’s most known for Internal Affairs, Mad World and Rule Number One, recently hosted an auction with Christie’s. The auction wasn’t solely NFTs, and the list of 32 items included: 14 NFTs, six luxury watches, accessories and even a NASA chair. Out of all these items, a Cryptopunk NFT was the most expensive, reaching a price of HK$33.5 million ($5.9 million USD). This is almost expected at this point, with Cryptopunks mainstream growth increasing the price massively. Part of the auction’s proceeds went to Make-A-Wish Asia, which benefits children and teenagers who are severely ill. Shawn has since expressed his delight at the overwhelming support of his first digital auction. The auction lasted from September 17th – 28th.

    We’ve seen Sean’s support of NFTs, as his Instagram profile picture is Cryptopunk #2112, which he purchased for $90,000.

    About Christie’s

    Christie’s have been extremely bullish on NFTs. They first sold NFTs in October 2020. Undoubtedly, they are now most known for their monumental Beeple ‘Everydays: The First 5,000 Days’ sale. This happened in March 2021 for $69 million. Additionally, they’ve sold NFTs on auction from collections like Cryptopunks, VeeFriends, BAYC, Andy Warhol and others. Another key point is that recently, they surpassed $100 million in NFT sales. The future of NFT auctions maybe with Christie’s. It seems to be the go-to place for NFT auctions. They are becoming now one of the biggest names in the NFT space.

    Speaking on the future of NFTs, Christie’s said: “We are excited to celebrate and recognise artists in a new medium, and to see how artists will utilise this technology to open up a world of new creative opportunities. NFTs have the potential to transform how we think about and establish ownership.”

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    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.

    blue chip nftsCharity NFTChristie's AuctionChristie's NFTCryptoPunksnft auction
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    Ross Wardrop
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    A multimedia journalist and social media manager based out of Glasgow, Scotland. Massive interest in sports, specifically basketball and football.

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