Sotheby's opens bidding for first curated Bitcoin Ordinals auction
Quick Take The art auction house has opened bidding for its first-ever curated collection of Bitcoin Ordinals. The collection contains 19 pieces, including rare satoshis and work from the early Bitcoin Ordinals adopter Shroomtoshi.
Art auction house Sotheby's has opened bidding for its first-ever curated collection of Bitcoin Ordinals.
Called "Natively Digital: An Ordinals Curated Sale," the auction contains 19 pieces — including rare Satoshis, work from the pioneering Bitcoin Ordinals artist Shroomtoshi, generative art and an item connected to the Bitcoin Ordinals brand Taproot Wizards . The auction closes on Jan. 22 at 2:00 p.m. ET.
"This sale puts a spotlight on the incredible range of creative diversity found within the Bitcoin ecosystem, as Ordinals have seen explosive growth over the past year," Sotheby's wrote in a release.
Sotheby's first-ever Bitcoin Ordinals sale
Sotheby's concluded its first auction of Bitcoin Ordinals on Dec. 7, The Block previously reported . The auction contained three pieces from the collection BitcoinShrooms, considered one of the first Bitcoin Ordinals projects ever created by Shroomtoshi. The auction fetched $450,850 upon close — five times higher than the combined estimate for the three pieces, Sotheby's noted in a statement.
"Last month’s sale of three BitcoinShrooms was a test case to introduce Ordinals to the auction market," said Sotheby's head of digital art Michael Bouhanna in a release. "The resounding success of that sale was proof of the explosive growth of Ordinals as a new arena for artists and creators to expand the reach of digital art and collectibles and make a lasting imprint on the Bitcoin blockchain. As Ordinals continue to attract attention from collectors, this new avenue will expand the boundaries of how we conceptualize digital collectibles, as well as place a spotlight on the unique convergence of digital art and crypto culture."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin’s metrics suggest bull market is far from overvalued
Jim Cramer, Known for His Wrong Comments, Shared His Last Opinion on Bitcoin and Cryptocurrencies
Jim Cramer, who is the butt of jokes in the cryptocurrency world with his predictions, has made new comments about Bitcoin. Here is everything he said.
A New Name Has Begun to Stand Out in Donald Trump’s Selection for SEC Chair: Decision Could Come In A Few Days – Here Are His Bitcoin and Cryptocurre
Who will be appointed as SEC Chairman, which is critical for cryptocurrencies? Here are the latest names and their views.
Grayscale Announces New 19 Altcoins Including XRP, Avalanche (AVAX) and Solana (SOL)!
Grayscale has announced that it has relaunched private investments for eligible investors across 19 altcoin trusts, including XRP, Avalanche (AVAX), Filecoin (FIL), and Litecoin (LTC).