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Sotheby's and Phillips

Sotheby's and Phillips latest

PINK VIBES ONLY by Mad Dog Jones
April 13th, 2021 - 07:51 GMT

Digital Art Goes Viral at Online Auctions

Sotheby's and Phillips have launched so-called NFT auctions, a month after Christie's sold a digital artwork for $69.3 million, as traditional auction houses seek to capitalise on the craze shaking up the art market. Three months ago, barely anyone had heard of a non-fungible token (NFT), a digital object such as a drawing, animation, piece of music, photo, or video with a certificate of authenticity created by blockchain technology. But ...
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