Technology
Sotheby’s Holds Its First NFT Sale, Works by Digital Artist Pak Sells for $16.8 Million – Gadgets 360
Sotheby’s hosted its first sale of art supported by NFTs by artist Pak, with the works bringing in $16.8 million (roughly Rs. 130 crores), the auction house said….
Sotheby’s hosted its first sale of art supported by NFTs, the trendy authentication technology, by artist Pak, with the works bringing in $16.8 million (roughly Rs. 130 crores), the auction house said Wednesday.
The Sotheby’s foray into NFT selling comes just a little more than one month after the sale of the NFT of the work “Everydays: The First 5,000 Days” by digital artist Beeple for $69.3 million (roughly Rs. 504 crores) at rival Christie’s.
NFT stands for non-fungible token, an authentication…
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