{"id":39043,"date":"2021-03-16T19:11:07","date_gmt":"2021-03-16T17:11:07","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=39043"},"modified":"2025-08-30T07:40:34","modified_gmt":"2025-08-30T04:40:34","slug":"sothebys-to-stage-first-nft-auctions","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/sothebys-to-stage-first-nft-auctions\/","title":{"rendered":"Sotheby\u2019s to stage first NFT auctions"},"content":{"rendered":"<p><span style=\\\"font-weight: 400;\\\">Founded in 1744, Sotheby\u2019s<\/span><span style=\\\"font-weight: 400;\\\"> will stage in April the sale of works by digital artist Murat Pak in the form of non-fungible tokens (NFTs).<\/span><\/p>\n<p><!--more--><\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">New this morning: <a href=\\\"https:\/\/twitter.com\/Sotheby?ref_src=twsrc%5Etfw\\\">@Sotheby<\/a>\u2018s announces upcoming sale with anonymous digital artist PAK<\/p>\n<p>\u00abIt\u2019s still very early with crypto art in general,\u00bb says CEO Charles Stewart on <a href=\\\"https:\/\/twitter.com\/hashtag\/NFTs?src=hash&#038;ref_src=twsrc%5Etfw\\\">#NFTs<\/a>. \u00abThis has the potential to bypass a lot of the traditional gatekeepers.\u00bb <a href=\\\"https:\/\/t.co\/D0F4pppkmT\\\">pic.twitter.com\/D0F4pppkmT<\/a><\/p>\n<p>\u2014 Squawk Box (@SquawkCNBC) <a href=\\\"https:\/\/twitter.com\/SquawkCNBC\/status\/1371787580329635842?ref_src=twsrc%5Etfw\\\">March 16, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<blockquote>\n<p><i><span style=\\\"font-weight: 400;\\\">&#8220;It\u2019s still too early to talk about cryptographic art in general. But NFT is taking hold. We believe the technology has potential.&#8221;<\/span><\/i><span style=\\\"font-weight: 400;\\\">, \u2014 said Charles Stewart, CEO of the platform, in an interview with CNBC.<\/span><\/p>\n<\/blockquote>\n<p><span style=\\\"font-weight: 400;\\\">The artist, who goes by the pseudonym Murat Pak, has become one of the most prominent figures in the digital art space thanks to his distinctive monochrome style.<\/span><\/p>\n<p><span style=\\\"font-weight: 400;\\\">Murat Pak&#8217;s collection will include both series of editions and one-off pieces such as Beeple&#8217;s \u201cEverydays: The First 5000 Days.\u201d In February, it sold at Christie&#8217;s <a href=\"https:\/\/u1f987.com\/en\/news\/identity-of-beeple-nft-buyer-revealed-after-near-70-million-sale\"><span style=\\\"font-weight: 400;\\\">for almost $70 million<\/span><\/a>.<\/p>\n<p><span style=\\\"font-weight: 400;\\\">The organizers also promise \u201csome other surprises\u201d. Auctions will run for several weeks. Details will be announced later.<\/span><\/p>\n<p><span style=\\\"font-weight: 400;\\\">Earlier this year, Beeple&#8217;s NFT token featuring Trump <a href=\"https:\/\/u1f987.com\/en\/news\/beeples-trump-nft-crossroad-resold-for-6-6-million\"><span style=\\\"font-weight: 400;\\\">resold for $6.6 million<\/span><\/a><span style=\\\"font-weight: 400;\\\">. In December 2020, the artist earned $582,000 for \u201cCrossroad\u201d.<\/span><\/p>\n<p><span style=\\\"font-weight: 400;\\\">An NFT copy of Banksy\u2019s burned painting titled \u201cMorons\u201d <a href=\"https:\/\/u1f987.com\/en\/news\/nft-copy-of-burned-banksy-painting-sells-for-228-eth\"><span style=\\\"font-weight: 400;\\\">sold for 228.69 ETH<\/span><\/a>.<\/p>\n<blockquote class=\\\"wp-embedded-content\\\" data-secret=\\\"NHZx2bZ7UC\\\">\n<p><a href=\"https:\/\/u1f987.com\/en\/news\/what-are-nfts\">What is NFT?<\/a><\/p>\n<\/blockquote>\n<p><iframe loading=\\\"lazy\\\" class=\\\"wp-embedded-content\\\" sandbox=\\\"allow-scripts\\\" security=\\\"restricted\\\" style=\\\"position: absolute; visibility: hidden;\\\" title=\\\"\u00abWhat is NFT?\u00bb \u2014 ForkLog\\\" src=\\\"https:\/\/u1f987.com\/cryptorium\/chto-takoe-nft\/embed#?secret=T514rXcIVI#?secret=NHZx2bZ7UC\\\" data-secret=\\\"NHZx2bZ7UC\\\" width=\\\"500\\\" height=\\\"282\\\" frameborder=\\\"0\\\" marginwidth=\\\"0\\\" marginheight=\\\"0\\\" scrolling=\\\"no\\\"><\/iframe><\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forkloglive\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog FEED<\/a> \u2014 all the news feed, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Founded in 1744, Sotheby\u2019s will stage in April the sale of works by digital artist Murat Pak in the form of non-fungible tokens (NFTs).<\/p>\n","protected":false},"author":1,"featured_media":39044,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[526,1331,1213],"class_list":["post-39043","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-auction","tag-culture-and-art","tag-nft"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/39043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=39043"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/39043\/revisions"}],"predecessor-version":[{"id":39045,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/39043\/revisions\/39045"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/39044"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=39043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=39043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=39043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}