Christie's 3.0

Christie’s 3.0 Ethereum NFT Marketplace Launched

28.09.2022 08:32 (Updated 06.11.2022 20:11)
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by Gabriel Cross
1 min read

Renowned auction company Christie’s has launched its own NFT marketplace. Named Christie’s 3.0 and built on Ethereum, the marketplace is a fully on-chain auction platform.

Christie’s collaborated with smart contracts firm Manifold to make this project possible. In addition, blockchain analytics company Chainalasyis and metaverse platform Spatial also had a hand in providing further functionality to Christie’s 3.0.

What sets apart this NFT marketplace from other marketplaces, such as OpenSea, is that Christie’s will be curating each and every NFT on offer. Thus, Christie’s 3.0 is in line with the operating principle of its physical auction house counterpart. Currently, there is only one NFT collection available, consisting of nine NFTs designed by the artist Diana Sinclair.

Christie’s had already auctioned NFTs in the past. For instance, last year it organized a $69.3 million sale of Beeple’s artwork. However, this is the company’s first project that entirely embraces on-chain, decentralized commerce.

Author

  • Gabriel Cross used to be a bank officer for an international bank for many years. From this point of view, he says the time spent obtaining a degree in economics was a waste of time. A few years back, he decided to quit his job and start trading. He is obsessed with decentralized finance, but he often plays with the stock market, investing with great pleasure into ground-breaking tech solution startups.

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