Sotheby’s auction house creates a platform dedicated to NFT sales

The auction house will dedicate a platform entirely reserved for NFT sales, these certificates of authenticity which allow the appropriation of a digital object, and whose sales have exploded in recent months.

The Sotheby’s auction house announced on October 14 the creation of a digital space reserved for NFT collectors and a now biannual sale of these digital objects, a sign of its desire to settle permanently in this sector.

Image, video, tweet, computer program, NFTs (non-fungible tokens), certificates of authenticity associated with a virtual object that they make unique, have boosted contemporary art in 2020-2021, against the backdrop of a pandemic. They now represent 2% of the global art market, according to the annual report of the company Artprice, published in early October…. (Read Full Article – )

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The Wisconsin Auctioneers Association actively advocates for the auction industry through grassroots lobbying and a WAA legislative fund. Member engagement and donations are key to the success of WAA advocacy efforts.

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Riley Kahl

Our Mission is to educate, promote and protect the auction industry of Wisconsin:

to encourage Auctioneers; to enhance skills, knowledge and professionalism;

to promote the auction method of marketing for sale of real and personal properties.

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