News Report

Christie's has unveiled its unique NFT auction platform, referred to as Christie’s 3.0, marking a significant step into the future of digital art auctions.

In Brief

Christie’s unveils a new marketplace dedicated to facilitating NFT auctions.

Diana Sinclair has made history as the first artist to sell a collection on the Christie’s 3.0 platform. 

The collection is being showcased in the galleries at Rockefeller Center and will remain on display through October 5.

The British auction house Christie’s has introduced a specialized on-chain platform focused exclusively on NFTs.

The new Web3 platform, ' Christie’s 3.0 This exciting new platform was created in collaboration with minting experts Manifold, blockchain analysis company Chainanalysis, and the immersive world builder Spatial.

The inaugural auction, which is set for September 28, will spotlight nine pieces of art created by 18-year-old visual activist Diana Sinclair. The collection, titled 'Phases,' will also be featured at Christie’s galleries in Rockefeller Center until October 5.

It’s notable that these artworks were designed specifically for this auction, which will be open until October 11. Bids for the artworks are estimated between 4 ETH and 8 ETH, roughly translating to around $5,160 to $10,320 at the current exchange rates. All transactions will be seamlessly handled on the Ethereum blockchain, from beginning to end.

We aim to connect emerging young artists with a global audience that is well-versed in digital trends. Christie’s 3.0 enhances our capability to link clients with premium offerings in the NFT space, utilizing a sophisticated and secure blockchain-based platform for transactions.

said Christie’s in a tweet thread

Established in 1766, Christie’s boasts a rich history as a prestigious auction house, handling over eighty categories of art and luxury items. It set a world record by auctioning a Leonardo Da Vinci piece. Christie’s has also embraced the NFT trend, having auctioned its first digital artwork, Beeple’s 'Everydays,' for a staggering $69,346,250 in March 2021. most expensive NFTs ever acquired. 

Earlier this July, the auction house introduced a new initiative that supports tech startups while also assisting collectors in acquiring digital artworks. Web3 and fintech venture fund Christie's initiates a Web3 and fintech venture fund.

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Disclaimer

In line with the Trust Project guidelines Valeria is a dedicated reporter at Metaverse Post, focusing primarily on fundraising, artificial intelligence, the metaverse, digital fashion, NFTs, and all things Web3-related.

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