NFTs are changing the way the art world operates, and auction houses don’t want to be left behind. Christie’s made their commitments to NFTs clear, and the auction house is now set to feature nine rare CryptoPunks in its upcoming sales event.
Nine rare CryptoPunks to feature in Christie’s May sales event
The popular auction house, Christie’s, announced earlier today that it would be featuring nine rare CryptoPunks in its upcoming sales event. The auction house announced this barely a month after it sold the Beeple NFT for nearly $70 million.
In a tweet, Christie’s stated that “9 rare CryptoPunks from @LarvaLabs own collection to star in our 21st Century Evening Sale this May in NY. All mint numbers under 1k, and yes, there is a rare Alien! Punks 2, 532, 58, 30, 635, 602, 768, 603, 75.”
Non-fungible tokens have become popular because they provide blockchain-backed “proof of ownership” on items such as art. Thus, ensuring that the artists or content creators have a unique way of claiming ownership of their digital works.
In a blog post, the creators explained that the CryptoPunks are very rare. “Taken together, the set represents both the rarest possible CryptoPunks and highlights from the variety of attributes that are the signature of the project,” they added.
Noah Davis believes that the upcoming event is a historic sale as the CryptoPunks are the alpha and omega of the CyptoArt movement. “With this special lot in the 21st Century Evening Sale, the advent of CryptoArt is truly, inarguably upon us. Welcome to the future,” Davis concluded.
Christie’s getting more involved with NFTs
The Beeple NFT was the first time the centuries-old auction house sold a digital NFT. Furthermore, it was also the first time Christie’s is accepting Ethereum as payment for artwork. During the event, Christie’s said it intends to conduct more digital art sales in the future, and it is keeping up to its word.
Other auction houses are also venturing into the NFT market, with Sotheby’s expected to host its first NFT sale this month.