Sotheby’s to sell ‘first’ NFT in online auction – Reuters

Sotheby’s to sell ‘first’ NFT in online auction – Reuters

Auction house Sotheby's hopes to appeal to both traditional art collectors and crypto enthusiasts with a sale of digital art in the form of non-fungible tokens (NFTs).

The online auction is the latest step by a major auction house to embrace NFTs - a form of blockchain-based asset which certifies ownership of a digital object. read more

"Natively Digital: A Curated NFT Sale" will run from June 3-10. It features work by 27 digital artists, including "Quantum" by Kevin McCoy, a simple geometric animation which Sotheby's says is the first known NFT, created in May 2014.