Sotheby’s Sees $35 Million In Digital Art Sales In 2023

Michael BOUHANNA, vp and head of digital artwork at Sotheby’s, declared a triumphant 12 months for digital artwork on the famend artwork brokerage, regardless of combined critiques for non-fungible tokens (NFTs). In a submit on X (previously Twitter), Bouhanna detailed Sotheby’s achievements within the digital artwork enviornment in 2023, highlighting that the very best sale exceeded $6 mln.
As well as, Bouhanna stated Sotheby’s held greater than 25 auctions that centered completely on digital artwork or included it in its up to date artwork gross sales. He pointed to a different spotlight being their “very first devoted reside public sale with greater than 300 attendees, attaining $12 million.”
Sotheby’s has been actively exploring the digital artwork house for simply over two years. In October 2021, BeInCrypto reported that Sotheby’s would launch Sotheby’s Metaverse to supply digital collectors a curated assortment of NFTs. It additional famous that NFTs have performed an necessary function in protecting artwork auctioneers afloat in the course of the Covid-19 pandemic. Moreover, many bodily venues frequented by artwork lovers had been compelled to shut their doorways.
Picture: Clout Scoop





