According to Sotheby’s auction, a colony of rare Pudgy Penguins was completely sold out.
Particularly, Each NFT sold for an average price of $12,900, which was far higher than the collection’s current floor price of $1,300. Sotheby’s stated that the sale amount was exactly in line with the pre-sale estimate. Soulbound tokens will be given to winning bids as proof of participation in the sale.
In 2021, Sotheby’s began selling NFTs through auction, buy-now, and generative drops, with the first sale of NFTs by digital artist Pak occurring in April. From 3,000 customers, one collection alone brought about $16.8 million.
According to Sotheby’s estimate, it sold over $100 million worth of NFT during the course of the previous year. Approximately 78% of the buyers were also new to Sotheby’s, thus its NFT experience has been successful in other respects as well.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Thana
Coincu News
Qubetics’ QubeQode IDE (Integrated Development Environment) is a revolutionary platform designed to simplify blockchain development.
MicroStrategy Extends Bitcoin acquisitions to a ninth week, showcasing steadfast confidence in cryptocurrency with its…
Altcoin season usually brings more activity since many coins gather exceeding expectations and offer chances…
MEXC, a global leader in cryptocurrency trading platforms, has launched euro (EUR) support for its…
Solv Protocol’s Megadrop launch, scheduled for January 7, 2025, allows participants to earn up to 4.7…
Discover how Qubetics, Filecoin, and Cosmos are reshaping blockchain with innovation, tokenisation, and connectivity. The…
This website uses cookies.