{"id":40346,"date":"2021-04-07T17:03:27","date_gmt":"2021-04-07T14:03:27","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=40346"},"modified":"2025-08-30T13:44:54","modified_gmt":"2025-08-30T10:44:54","slug":"sothebys-to-hold-its-first-nft-auction-on-nifty-gateway-featuring-digital-cubes","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/sothebys-to-hold-its-first-nft-auction-on-nifty-gateway-featuring-digital-cubes\/","title":{"rendered":"Sotheby\u2019s to hold its first NFT auction on Nifty Gateway featuring digital &#8216;cubes&#8217;."},"content":{"rendered":"<p>Founded in 1744, Sotheby\u2019s auction house will conduct its first non-fungible token (NFT) auctions on the Nifty Gateway platform. The auction will run from April 12 to 14.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">Nifty Gateway is excited to announce that we are working with <a href=\\\"https:\/\/twitter.com\/Sothebys?ref_src=twsrc%5Etfw\\\">@Sothebys<\/a> to exclusively host \u00abThe Fungible\u00bb collection by <a href=\\\"https:\/\/twitter.com\/muratpak?ref_src=twsrc%5Etfw\\\">@muratpak<\/a>. This collaboration will push the <a href=\\\"https:\/\/twitter.com\/hashtag\/NFT?src=hash&#038;ref_src=twsrc%5Etfw\\\">#NFT<\/a> space forward by redefining ideas around \u00abvalue\u00bb in art.<\/p>\n<p>1\/2 Drop Details\ud83d\udc47 <a href=\\\"https:\/\/t.co\/aFAXnDbfX1\\\">pic.twitter.com\/aFAXnDbfX1<\/a><\/p>\n<p>\u2014 Nifty Gateway (@niftygateway) <a href=\\\"https:\/\/twitter.com\/niftygateway\/status\/1379479107633876995?ref_src=twsrc%5Etfw\\\">April 6, 2021<\/a><\/p>\n<\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>The Fungible collection was created by an anonymous artist, who goes by the pseudonym Murat Pak. He has become one of the notable figures in the digital art space due to his distinctive monochrome style.<\/p>\n<p>According to <a href=\\\"https:\/\/www.sothebys.com\/en\/digital-catalogues\/the-fungible-collection-by-pak\\\" target=\\\"_blank\\\" rel=\\\"noreferrer noopener nofollow\\\">\u0430\u043d\u043e\u043d\u0441\u0443<\/a>, the collection will include NFTs in the form of digital \u00ab\u043a\u0443\u0431\u0438\u043a\u043e\u0432\u00bb.<\/p>\n<ul class=\\\"wp-block-list\\\">\n<li>A Cube (1);<\/li>\n<li>Five Cubes (5);<\/li>\n<li>Ten Cubes (10);<\/li>\n<li>Twenty Cubes (20);<\/li>\n<li>Fifty Cubes (50);<\/li>\n<li>Hundred Cubes (100);<\/li>\n<li>Five Hundred Cubes (500);<\/li>\n<li>Thousand Cubes (1,000).<\/li>\n<\/ul>\n<p>For example, a buyer of six digital \u00abcubes\u00bb will receive two types of NFT: one A Cube and one Five Cubes. The buyer of 26 \u00abcubes\u00bb will receive three types of NFT: one A Cube, one Five Cubes and one Twenty Cubes.<\/p>\n<p>Earlier, the producer of collectible vinyl figures Funko <a href=\"https:\/\/u1f987.com\/en\/news\/funko-to-launch-nfts-after-taking-majority-stake-in-tokenwave\">announced the release of its first NFTs<\/a> in June. The starting price will be $9.99.<\/p>\n<p>Earlier in April, Vogue Business reported that the Italian fashion house Gucci and a number of other luxury brands <a href=\"https:\/\/u1f987.com\/en\/news\/media-gucci-and-other-fashion-brands-poised-to-release-their-nfts\">are preparing to release their own NFTs<\/a>.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our Telegram \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Founded in 1744, Sotheby\u2019s will conduct its first NFT auctions on the Nifty Gateway platform. The auction will run from April 12 to 14.<\/p>\n","protected":false},"author":1,"featured_media":40347,"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":[526,1213],"class_list":["post-40346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-auction","tag-nft"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/40346","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=40346"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/40346\/revisions"}],"predecessor-version":[{"id":40348,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/40346\/revisions\/40348"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/40347"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=40346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=40346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=40346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}