Never Mind the Crypto Crash, Christie’s Is Powering on With a Sale of More Than 15 NFTs, Timed for Miami Art Week

The cryptoverse shouldn’t be having fun with 2022. Bitcoin costs have fallen 65 p.c, NFT buying and selling quantity is down 97 p.c, and FTX’s implosion confirmed the sector is as financially doubtful as it’s morally bankrupt.

Hardly an excellent time, one would possibly assume, for Christie’s to essentially get the wheels spinning on its specialised NFT operation. The public sale home, nevertheless, stays bullish, saying its “Next Wave: The Miami Edit” sale with the peppy optimism of Spring 2021. And why not? It’s bought NFT pedigree. It’s assembled a number of the crypto artwork’s largest names. It boasts an on-chain public sale platform, Christie’s 3.0.

“Despite the news cycle of cryptocurrencies, there remains strong interest in digital art,” Nicole Sales Giles, digital artwork director at Christie’s, instructed Artweb Information. “Collectors want to own the best artworks and Christie’s 3.0 is the venue.”

The public sale, which can run from November 30 to December 7, is timed to coincide with Miami Art Week, an occasion that final yr turned an IRL bonanza of crypto celebration. The highest lot is Mom Flock a generative mission created by Random Worldwide and Danil Krivoruchko, which permits the viewer to control a flock of 1000’s of bird-like figures. Different heaps embrace a shot from Dave Krugman, the American photographer with a penchant for automobiles; Untitled by nature-focused painter and programmer Zancan; and, fittingly, Metropolis of Miami, a serenely colourful work by Cory Van Lew.

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