Crypto Cable

Thanks to Christie’s Auction House Digital Art, NFTs Are Going Mainstream

The home of world-renowned art auctions, with a history as rich as one of the monumental tapestries it might sell, is taking its 255-year old history and merging its traditionalism with one of the most talked-about new sellable art styles, digital art. This is where tradition meets NFTs and blockchain protocols like TRON and Ethereum.

Christie’s runs about 350 auctions each year, across 80 different categories, which include fine and decorative art, jewelry, wine, and collectibles. Prices of the auction pieces can vary from $200 to over $100 million per piece. So where does the blockchain fit into this extraordinary domain?

5000 Days of Art

Well, it began in 2007, when digital artist Mike Winkelman, who is known digitally as Beeple, started his journey by posting one piece of art online. He then went on to do the exact same thing the next day and then the day after that. In fact, he continued doing so for 5000 days until his digital collection Everyday: The First 5000 days was created.

This collection has been minted especially for Christie’s who will be auctioning this collage of 5000 days of art as a single lot. This marks the first-ever occasion an auction house of this caliber offers a digital work with a unique NFT that tokenizes the artwork and authenticates it on the blockchain. Christie’s will for the first time, be accepting Ether for this work in addition to its traditional currencies for the piece.

Everyone’s Talking About NFTs

Things are definitely hotting up in the world …
Story continues on Zycrypto

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