Sotheby’s auctions NFTs owned by 3AC for $2.5 million, exceeding expectations

Sotheby’s auction of the bankrupt Three Arrows Capital (3AC) NFT collection was a huge success. The auction brought in $2.5 million, exceeding expectations.

Tyler Hobb’s Fidenza #725 was the highest sale at $1 million, far exceeding the expected $180,000.

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NFTs are dead. Why then did Lebron James just wear Nike RTFKT sneakers?

If anyone does any research, the adoption of NFTs by businesses just keeps growing.

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Brandon Buchanan explains why he bought Bored Ape #8817 for $3.4M

Hypebeast has an exclusive interview with Brandon Buchanana aka rhincodon who bought the rare Bored Ape #8817 at Sotheby’s Metaverse auction for $3.4M, a record for the Bored Ape Yacht Club NFTs. “Notably, the Ape has gold fur — a super rare trait found in less than 1% of Bored Apes that makes it a…

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Sotheby’s Launches New Platform for NFTs: Sotheby’s Metaverse

Sotheby’s Metaverse is finally here! It’s a new, curated platform that Sotheby’s describes as a “a home for this new art movement built on the foundations of crypto and NFTs.” “ND1.2 is the first sale in Sotheby’s Metaverse, consisting of 53 lots of culturally significant art from the vaults of 19 collectors.” The collectors are:…

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Sotheby’s auction rakes in over $24M for sales of Bored Ape Yacht Club NFTs

How do we know NFTs are here to stay? Auction houses can pull in millions of dollars in sales of NFTs. And this is just the beginning. Sotheby’s announced it sold $24.4 million worth of NFTs from the Bored Ape Yacht Club. Sotheby’s is walking with a swagger now!

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