NFT pledged custody business may be upgraded again

Author:Costrit Finance Time:2022.09.06

London, UK, a gathering place for many world -renowned art auction houses. On March 11, 2021, a NFT digital artwork named "Every Day: 5000 Days" was sold in the UK auction house for $ 69.35 million. RMB 450 million. This is a sky -high price auction that lasted 15 days and 22 million visitors. It was the first time to shoot pure digital art works. It was also the first attempt to receive Crypto payment.

Not only that, but also the fields of sports, media, and games also compete for NFT products. The entry of capital and enterprises has completely opened the prelude to "all things can be NFT". The NFT of the "out of the circle" also triggered the sought after by the famous auction houses such as Sotheby's and the British Grand Duke. In 2021, NFT artworks were included in the auction category.

NFT technology and art are unpredictable to subvert the traditional art collection model, and to a certain extent solve the pain points of the art market for a long time.

According to Sotheby's 2021 report, its total auction turnover in 2021 reached US $ 7.3 billion, setting a historical record for more than 200 years, and the auction turnover of NFT collections was as high as $ 100 million.

This well -known auction house with a history of nearly 300 years has gradually expanded from the original ancient book collection to art, jewelry, real estate and other fields. In 2020, the traditional auction house affected by the epidemic was deadlocked and seemed to be transformed, and Sotheby's is the first to practice.

The first is to change the auction method: carry out online auctions, and then this transformation road extends to the NFT field. Not only that, Sotheby's also set two major auction records in NFT auctions: Cryptopunk NFT and $ 24.44 million in $ 11.8 million The boring ape NFT. How to make the NFT obtained by the auction, without turning the auction to a certain extent to. NFT is more valuable.

In this implementation, after buying NFT, the buyer purchased NFT pledged from the REVA through Sotheby's number of more than 100 pieces, and received more than 8 million US dollars loans. NFT pledged custody was successfully performed, so that Sotheby's is very optimistic about this subdivision vertical vertical vertical vertical vertical The field, and it is said that more cooperation with Reva will be followed in the future.

I can't help but think that when REVA set up a project, the development of art and technology is inseparable. It is precisely because the British Grand Duke International Auction Fair spent the acquisition of REVA and has always paid attention to the emerging technology such as blockchain, which has contributed to the majority of NFT works. Auction transactions, this is a model of combining art and technology.

Thinking determines the pattern. In the future, Sotheby's will also create a new industry ecosystem around Sotheby's Yuan universe, so that it has the ability to include dynamic auctions and casting art works, so that Sotheby's in some important NFT industry activities Can be in the central position.

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