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Christie’s to curate NFT auctions with OpenSea
Renowned auction house Christie’s will curate a collection at the non-fungible token (NFT) marketplace OpenSea that would be open for browsing beginning December 1.
Christie’s was among the first major auction houses that paid attention to NFTs, auctioning Beeple’s EVERYDAY: 5000 days piece in March for $69 million.
According to Christie’s Marcus Fox, the collaboration with OpenSea is an important step forward in bringing the traditional and digital art worlds closer together.
Meanwhile, OpenSea is keen to get more mainstream people involved, and Christie’s name could bring in more clients with fat wallets.
OpenSea is the largest NFT marketplace, processing $9 billion worth of transactions during the three months to the end of October.
Christie’s facilitated $5.8 billion in art sales in 2019.