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NFT News

Auction House Christie’s to Hold its Second Auction for NFT

The Auction will include a group of exceptionally rare CryptoPunks created by Larva Labs, as well as Yuga Labs’ Bored Ape Yacht Club (BAYC) and Larva Labs’ latest creation Meebits.

Written By Dhara Chavda
Published 2021-08-07
Make The Crypto Times preferred on GoogleGoogle
Auction House Christie's to Hold its Second Auction for NFT

Auction house Christie’s is going to hold its second auction for NFT Collectibles called “No Time like present”.  According to the reports, the auction will be in Hong Kong in September. “No Time Like Present” will feature the very first NFT sale in Asia offered by Christie’s. 

Key highlights of the auction will include a group of exceptionally rare CryptoPunks created by Larva Labs, Yuga Labs’ Bored Ape Yacht Club (BAYC), and Larva Labs Meebits.

Cryptopunks are among the oldest crypto art experiments. Meetbits is Larva Labs’ generative crypto art project. And Bored Ape Yacht Club is the heir apparent to CryptoPunks—a new iteration on the same formula.

The auction begins on September 17 at 2 pm HKT and ends on September 28 at 2 pm HKT. “This sale is poised to set another milestone in the history of Crypto Art,” said in the release.

The NFTs for the upcoming auction come from a single-owner collection. Christie’s although declined to identify the owner. The sale will happen at Christie’s Hong Kong saleroom. The auction will be offering BAYC and Meebits for the first time outside of any NFT-trading platform.

Christie’s has organized some of the most prestigious auction sales. It sells collectibles at enormous prices. Beeple sold his artwork EVERYDAYS: THE FIRST 5000 DAYS for $69 million, making it the highest-paid NFT to date. The auction also helped put Beeple’s artwork as the third biggest sale by a living artist.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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