{"id":25273,"date":"2023-12-27T13:01:58","date_gmt":"2023-12-27T13:01:58","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/sothebys-digital-art-sales-soar-to-new-heights-in-2023\/"},"modified":"2023-12-27T13:01:58","modified_gmt":"2023-12-27T13:01:58","slug":"sothebys-digital-art-sales-soar-to-new-heights-in-2023","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/sothebys-digital-art-sales-soar-to-new-heights-in-2023\/","title":{"rendered":"Sotheby’s Digital Art Sales Soar to New Heights in 2023"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
\n<\/p>\n

\n

Sotheby\u2019s claims about $35 million in sales of digital art in a ground-breaking year, a monumental accomplishment in the NFT area.<\/p>\n

The vice president of Sotheby\u2019s emphasizes the first live digital art auction\u2019s success and the record-breaking sale of \u201cRingers #879,\u201d which point to a booming market for digital creation.<\/p>\n

Almost $35 million in sales in the digital art space marks the successful end of 2023 for Sotheby\u2019s, a well-known international art broker and auction company. As Head of Digital Art and Vice President of Sotheby\u2019s, Michael Bouhanna calls 2023 \u201cone of the most exciting years for digital art.\u201d<\/p>\n

The first live digital art auction by Sotheby\u2019s, which drew 300 attendees and generated $12 million in sales, was the turning point. Notably, Dmitri Cherniak\u2019s NFT, \u201cRingers #879,\u201d sold for an astounding $6.2 million, setting a record for the highest price ever paid for digital art at the auction house.<\/p>\n

Over the course of the year, Sotheby\u2019s led more than twenty-five auctions that were solely focused on digital art or included it in modern art sales. In order to enable secondary trading of NFTs, the institution also made a digital leap by establishing Sotheby\u2019s Metaverse, an on-chain marketplace.<\/p>\n

\n
\n
\n
\n
\n
177% up to 5BTC + 77 Free Spins<\/strong>!<\/strong> <\/p>\n

New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

Bouhanna revealed these astounding accomplishments and laid out the strategic plan for the future in a recent post on X, the former Twitter. In the upcoming year, Sotheby\u2019s wants to refocus on \u201csupporting creators and enhancing their primary market strategies.\u201d<\/p>\n

An established auction house, Sotheby\u2019s was first active in the NFT market in April 2021 when it auctioned off a piece created by digital artist Pak, whose real name is not known. Ever since, the auction house has broken several records for sales of digital art, therefore establishing itself as a leader in the rapidly changing NFT market.<\/p>\n<\/p><\/div>\n

Source link <\/a>
\n
<\/p>\n","protected":false},"excerpt":{"rendered":"

(Originally posted on : Crypto News – iGaming.org ) Sotheby\u2019s claims about $35 million in sales of digital art in a ground-breaking year, a monumental accomplishment in the NFT area. The vice president of Sotheby\u2019s emphasizes the first live digital art auction\u2019s success and the record-breaking sale of \u201cRingers #879,\u201d which point to a booming […]<\/p>\n","protected":false},"author":5,"featured_media":25274,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25273"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=25273"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25273\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/25274"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=25273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=25273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=25273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}