News Report
September 28, 2022

Christie’s launches an NFT auction platform, Christie’s 3.0

British auction house Christie’s has launched an on-chain auction platform dedicated to NFTs. 

The new Web3 platform, “Christie’s 3.0,” was developed in partnership with minting company Manifold, blockchain data firm Chainanalysis, and Metaverse builder Spatial. 

The inaugural sale, scheduled for September 28, will feature nine artworks by 18-year-old visual artist and activist Diana Sinclair. Additionally to the online auction, the collection, dubbed “Phases,” will be exposed at Christie’s Rockefeller Center galleries until October 5. 

It’s worth noting that the works were created especially for the auction, which is open until October 11. The estimated price for the lots ranges from 4 ETH to 8 ETH (approximately $5.160 to $10.320 at the time of writing). All the transactions will be processed on the Ethereum blockchain from start to finish. 

“We recognize and bring young emerging artists to an international and digitally savvy market. Christie’s 3.0 deepens our ability to connect clients to the best of the NFT market now via a sophisticated and secure blockchain-native platform for sales,”

said Christie’s in a tweet thread

Christie’s is a historic auction house established in 1766. It features over eighty art and luxury categories and achieved the world’s record price for an auctioned artwork by Leonardo Da Vinci. It’s no stranger to NFTs, either. In March 2021, Christie’s auctioned its first NFT, “Everydays” by well-known digital artist Beeple. The lot was sold for $69,346,250 and became one of the most expensive NFTs ever acquired. 

In July this year, the auction house launched a Web3 and fintech venture fund, which provides tech startups with seed funding and helps collectors purchase digital art. 

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In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related.Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities.You can contact her at [email protected]

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Valeria Goncharenko
Valeria Goncharenko

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related.Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities.You can contact her at [email protected]

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