Art

Sotheby's Is Launching an Online Auction Dedicated to NFT Art

With part of the proceeds going towards supporting rising digital artists.

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553 Hypes

Sotheby's Is Launching an Online Auction Dedicated to NFT Art

With part of the proceeds going towards supporting rising digital artists.

Jumping on the ongoing craze around non-fungible tokens (NFT), Sotheby’s is now set to launch its second curated NFT auction. Titled “Natively Digital: A Curated NFT Sale,” the online crypto sale will feature works across six categories: Early NFTs, Digital Pop/Futurists, Generative, Conceptual, Emerging NFT Artists and Community-elected.

Standouts from the selected digital art pieces include Kevin McCoy’s Quantum, which was the first NFT to ever have been minted. Elsewhere, Alien Cryptopunk by Larva Labs and The Shell Record by Anna Ridler will be up for auction, with bidding for all lots starting at $100 USD. Sotheby’s will announce additional artists taking part in the sale in the coming weeks.

Part of the proceeds will go towards the Sevens Foundation, an organization that supports young digital artists. Participating creatives in this crypto sale will also be donating profits to other organizations that help crypto artists.

“Natively Digital: A Curated NFT Sale” will take place from June 3 to 10 online. You can head to Sotheby’s website to learn more about the upcoming auction.

In other NFT news, a digital artwork featuring Hermès’ Birking bag is now up for auction.

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