The first auction on Sotheby’s Metaverse will go live on Monday, with the auction featuring prominent collections such as the Bored Ape Yacht Club, MoonCats and CryptoKitties.
An auction is public trade of different kinds of goods and assets. An auction is organized with rules set in advanced that can differ from auction to auction. Nevertheless, one common thing for every event like this is competition between potential buyers in order to find the winner of the auction. Competition is necessary, as initially the price for the displayed product is lower than its market price. As well as other things, cryptocurrency can be sold in an auction and BTC auctions are popular, as almost everybody can afford to buy them there. Usually, it is Bitcoin that had been confiscated from criminals and sold in a police or FBI Bitcoin auction. In 2016, there began a daily Gemini auction of Bitcoin for dollars, which the exchange platform launched.
Following the competition, a replica of Carlsen’s NFT trophy was auctioned off to a fan for 6.88 ETH.5732
Three months after embracing crypto, Lloyds Auctions house reportedly sold a legendary rally car for $360,000 in Bitcoin.4625
“This is a generation that grew up hopeful and dreaming about their future through educational opportunities,” said Women for Afghan Women’s U.S. country director Naheed Samadi Bahram.5235
NFT collector revealed to be Snoop Dogg, hybrid NFTs are coming, and an investor lost $300,000 in tokens to hackers.5132
Nafty has launched an erotic-themed NFT marketplace, while DeviantArt is tracking down art theft on NFT marketplaces, and the Rugby League World Cup is dropping NFT collectibles.6673
Yuga Labs auctioned off collections of Bored Ape Yacht Club and Bored Ape Kennel Club NFTs that generated $24 million and $1.83 million, respectively.14511
Da Vinci’s artwork has received the highest bid at 150,500 BUSD in the Hermitage’s first NFT auction on Binance.6387
People on Twitter were accusing Pranksy of wash-trading a CryptoPunk NFT, Dolce & Gabbana is auctioning luxury NFTs to “approved bidders,” and FTX was spammed with tokenized fish.13359
After a successful fractionalization into DOG tokens, the total implied value of the original Doge meme NFT has gone through the roof.10819
PleasrDAO will offer exposure to the Doge NFT via 16,969,696,969 fractionalized ERC-20 tokens named “$DOG”.8409
Rising trading volume, investor excitement over the upcoming parachain auctions, and the success of KSM have investors looking at DOT as the next altcoin to hit a new high.59762
Vogue Singapore has tokenized its front covers, Animoca Brands expanded its investment portfolio and acclaimed producer Rob Weiss has signed up to direct a crypto series.1930
Artificial intelligence could provide nonfungible token creators with a more streamlined approach for creating and selling their digital art.9291
Fame Lady Squad is relaunching after its male creators were outed, the MLB issues tokenized stadiums, and rare Kobe Bryant photos are up for auction.3305