{"id":52788,"date":"2021-11-12T14:36:46","date_gmt":"2021-11-12T12:36:46","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=52788"},"modified":"2025-09-03T11:54:43","modified_gmt":"2025-09-03T08:54:43","slug":"sothebys-to-auction-banksy-paintings-offline-for-ethereum","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/sothebys-to-auction-banksy-paintings-offline-for-ethereum\/","title":{"rendered":"Sotheby\u2019s to auction Banksy paintings offline for Ethereum"},"content":{"rendered":"<p>Sotheby\u2019s will put up for sale two works by the street artist Banksy. Participants in The Now at the auction house\u2019s New York salon <a href=\"https:\/\/sothebys-com.brightspotcdn.com\/0e\/10\/2fa4d89049779d0711d2f7a786b9\/press-release-sothebys-announces-crypto-bidding-for-banksy-works-in-the-now-evening-auction.pdf\">\u0441\u043c\u043e\u0433\u0443\u0442 \u0434\u0435\u043b\u0430\u0442\u044c \u0441\u0442\u0430\u0432\u043a\u0438<\/a> in Ethereum alongside fiat currencies.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Banksy, ETH meet LIVE in historic auction first \ud83d\udc8e Sotheby\u2019s will field real-time bids in <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> for Banksy&#8217;s iconic paintings Trolley Hunters and Love is in the Air in The Now sale next Thursday. <a href=\"https:\/\/twitter.com\/hashtag\/SothebysNow?src=hash&#038;ref_src=twsrc%5Etfw\">#SothebysNow<\/a> <a href=\"https:\/\/t.co\/yjTRC7Sdhr\">https:\/\/t.co\/yjTRC7Sdhr<\/a><\/p>\n<p>\u2014 Sotheby&#8217;s (@Sothebys) <a href=\"https:\/\/twitter.com\/Sothebys\/status\/1458796835015958530?ref_src=twsrc%5Etfw\">November 11, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The auction will take place on November 18. It will offer 23 lots, including two Banksy paintings: Trolley Hunters and Love Is In The Air (2006). The first is valued at $5\u20137 million, the second at $4\u20136 million.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"938\" height=\"284\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Sotheby.jpg\" alt=\"Sotheby\u2019s \u043f\u0440\u043e\u0434\u0430\u0441\u0442 \u043a\u0430\u0440\u0442\u0438\u043d\u044b \u0411\u044d\u043d\u043a\u0441\u0438 \u043d\u0430 \u043e\u0444\u043b\u0430\u0439\u043d-\u0430\u0443\u043a\u0446\u0438\u043e\u043d\u0435 \u0437\u0430 Ethereum\" class=\"wp-image-155836\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Sotheby.jpg 938w, https:\/\/u1f987.com\/wp-content\/uploads\/Sotheby-300x91.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Sotheby-768x233.jpg 768w\" sizes=\"auto, (max-width: 938px) 100vw, 938px\" \/><figcaption>\u041a\u0430\u0440\u0442\u0438\u043d\u044b \u0411\u044d\u043d\u043a\u0441\u0438 Trolley Hunters \u0438 Love Is In The Air (2006). \u0414\u0430\u043d\u043d\u044b\u0435: <a href=\"https:\/\/www.sothebys.com\/en\/digital-catalogues\/the-now-evening-auction?locale=en\">Sotheby\u2019s<\/a>.<br \/><\/figcaption><\/figure>\n<p>Earlier Sotheby\u2019s <a href=\"https:\/\/u1f987.com\/en\/news\/banksys-work-sold-for-12-9-million-at-a-crypto-friendly-auction\">sold<\/a> another version of the Love Is In The Air (2005) for $12.9 million. It was preliminarily <a href=\"https:\/\/u1f987.com\/en\/news\/sothebys-to-auction-banksy-painting-love-is-in-the-air-for-bitcoin\">valued<\/a> at $3\u20135 million, and bids were accepted in US dollars, Bitcoin and Ethereum. At that time, the house first accepted cryptocurrencies as a means of payment, though the sale was online.<\/p>\n<p>According to <a href=\"https:\/\/www.coindesk.com\/business\/2021\/11\/11\/sothebys-to-allow-live-bidding-in-ether\/\">CoinDesk<\/a>, this time Sotheby\u2019s will also accept online bids \u2014 the auction house will duplicate the bidding in its \u201cdigital representation\u201d on the Decentraland platform.<\/p>\n<p>Last month the organization <a href=\"https:\/\/news.artnet.com\/market\/sothebys-wades-deeper-digital-art-game-new-custom-nft-marketplace-called-metaverse-2021205\">launched<\/a> its own NFT marketplace Sotheby\u2019s Metaverse. In the same month, the first trades took place on the platform.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/NativelyDigital?src=hash&#038;ref_src=twsrc%5Etfw\">#NativelyDigital<\/a> is back! <\/p>\n<p>Sotheby\u2019s is proud to welcome our second dedicated NFT sale \u2014 &#8216;Natively Digital 1.2: The Collectors.&#8217; <a href=\"https:\/\/t.co\/izl1BPZJuc\">pic.twitter.com\/izl1BPZJuc<\/a><\/p>\n<p>\u2014 Sotheby&#8217;s (@Sothebys) <a href=\"https:\/\/twitter.com\/Sothebys\/status\/1446199243820216322?ref_src=twsrc%5Etfw\">October 7, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Earlier in September, Sotheby\u2019s <a href=\"https:\/\/u1f987.com\/en\/news\/sothebys-sells-bored-ape-yacht-club-nft-set-by-yuga-labs-for-24-4-million\">sold<\/a> a Bored Ape Yacht Club NFT set from Yuga Labs for $24.4 million.<\/p>\n<p>Follow ForkLog\u2019s bitcoin news in our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 news on cryptocurrencies, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sotheby\u2019s will put up two Banksy works for sale. Participants in The Now in the New York salon of the auction house will be able to bid in Ethereum alongside fiat currencies.<\/p>\n","protected":false},"author":1,"featured_media":26216,"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":[526,1331,46],"class_list":["post-52788","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-auction","tag-culture-and-art","tag-ethereum"],"aioseo_notices":[],"amp_enabled":true,"views":"34","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52788","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=52788"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52788\/revisions"}],"predecessor-version":[{"id":52789,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52788\/revisions\/52789"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=52788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=52788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=52788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}