Popular auction house Christie’s is getting stronger in the nonfungible token (NFT) sector.
Christie’s to auction some NFTs
Leading auction house will hold an online auction to sell a few nonfungible tokens. The auction is expected to run from September 17 to September 28 and will feature a wide range of hot nonfungible tokens.
The auction, dubbed No Time Like Present, shows Christie’s increasing demand to enter the NFT space. The auction house said, “This also marks the very first NFT sale in Asia offered by an international auction house, with a broad array of NFT-minted art includes a group of exceptionally rare CryptoPunks created by Larva Labs, as well as Yuga Labs’ Bored Ape Yacht Club (BAYC) and Larva Labs’ latest creation Meebits.”
The auction includes the collection of Mr. Shawn Yue, a renowned actor and collector in Asia. According to Christie’s, the collection is a retrospective of his career over the past 20 years.
CryptoPunks and Ape NFTs are gaining traction
The CryptoPunk and Ape NFTs have been gaining traction in recent months. Last week, Sotheby’s auction house sold a lot of 101 Bored Ape Yacht Club NFTs for over $24 million. CryptoPunk NFTs have also fetched huge money for the developers, with payment giant Visa recently purchasing one for $150,000.