Christie’s launches venture fund aimed at Web3 and blockchain investments

Christie’s, the auction house known for its sales of art and luxury items, has launched an investment fund to support emerging companies with technology enabling “seamless consumption of art.” In a Monday announcement, the auction company said the fund, Christie’s Ventures, will financially support firms in Web3, “art-related financial products and solutions,” and technology related to art and luxury goods. According to Christie’s, its first investment will be in LayerZero Labs, a company developing solutions for enabling omnichain decentralized applications, allowing a more seamless transfer of assets between blockchains. “We…

Read More

Sotheby’s will take ETH bids in real time for Banksy auction

[ad_1] Prestigious auction house Sotheby’s has announced it will accept Ethereum (ETH) bids in real time for its Nov. 18 auction that includes works by famed street artist Banksy. Sotheby’s claims this will be the first time an auction house has accepted crypto in real time as a standard currency for payment in an auction on a physical work of art. The auction, titled ‘The Now Evening Auction’ features Banksy’s Trolley Hunters and Love Is In The Air. Although the bidding prices will be announced in ETH, winning bidders have…

Read More

Leading African Conservancy to Raise Funds for Rhinos via Auction of Horn NFTs – News Bitcoin News

[ad_1] Black Rock Rhino, a leading rhino conservancy in South Africa, is set to raise funds for the endangered species via the auction of rhino horn non-fungible tokens (NFTs). Auction Proceeds to Pay for Sanctuary’s Expenses In what has been billed a first, the rhino conservancy — which is home to over 200 rhinos — together with a blockchain technology firm Virtual Nation Builders, is set to auction the non-fungible tokens at one of South Africa’s biggest NFT marketplaces, Momint. According to a statement released by Black Rock Rhino, the…

Read More

Top Auction House Sotheby’s to Accept Cryptocurrencies via Coinbase for Physical Art – Bitcoin News

[ad_1] Sotheby’s, the world’s largest auction house, will start accepting cryptocurrencies for physical art. The first auction for which bitcoin and ether will be accepted is Banksy’s Love is in the Air image at the Contemporary Art Evening Auction. The piece is estimated to sell for between $3 million and $5 million. Sotheby’s Accepts Bitcoin and Ether Sotheby’s announced Tuesday that it will start accepting cryptocurrency via Coinbase. According to the auction house, this is the first time cryptocurrencies will be accepted for payments for physical art. Established in 1744,…

Read More

Topps Digital Towers Over NFT Universe With Upcoming Godzilla Collectible Auction – Bitcoin News

[ad_1] Toho’s classic Godzilla storyline leaves behind the Tokyo and New York skylines as it wades into the decentralized universe with freshly minted collectibles set for auction on the WAX Blockchain. Appeal To Collectors Complements Forthcoming Premiere Of Godzilla vs. Kong From trading cards to collectibles, the name Topps has been synonymous with collecting for over 70 years. Little did they know that their digital transformation that materialized back in 2012 would set the stage for today’s NFT-mania and their embrace of non-fungible tokens. Since disclosing a collaboration with the…

Read More