Christie ready to sell over 15 NFTs despite market fluctuations

SNEAK PEEK

  • Christie’s 3.0 marketplace has become the go-to marketplace in the web3 world for high-value NFTs.
  • Despite the recent market fluctuations, Christie is ready to sell more than 15 NFTs.
  • The initial prices of this edition range from 4 to 80 ETH.

Christie’s 3.0 marketplace has become the go-to marketplace in the web3 world for high-value NFTs. In contrast to the fluctuations in the market, including Bitcoin prices fall of 65%, NFT trading volume down by 97% and FTX‘s implosion showed the world that the web3 industry is still a dubious and non-secure industry for users to deal in. 

However, Christie, the auction house, remains bullish, announcing its “Next Wave: the Miami Edit” for Spring 2023. Christie has assembled some of the most prominent NFT and crypto market players, boasting an on-chain auction platform, Christie’s 3.0. 

The Digital Art Director at Christie told Artnet News that despite the news cycle of cryptocurrencies and the recent fluctuations, NFTs remain the most vital interest in digital art.” 

The auction, which will be held from 30 November 2022 to 7 December 2022, has been planned to coincide with the Miami Art week to boost it further. This event was an IRL Bonanza of crypto celebration last year and is expected to outperform it. 

The auction follows the successful debut of Christie’s 3.0 with the sale of work by teenage NFT star Diana Sinclair. All the pieces were sold at above 145% than expected, with more than 300 clients connecting their crypto wallets to Christie’s 3.0. 

The initial prices of this edition range from 4 to 80ETH.