Metaverse News

Punk6529 Takes NFT Art To A New Level With OM Launch In The Metaverse

Since 2021, art and NFTs have become one, as mainstream artists move across the lucrative world of NFTs- Punk6529.

Punk6529 Takes NFT Art To A New Level With OM Launch In The Metaverse

The evolution of the NFT art world and the COVID-19 pandemic also forced auction houses and art galleries to reinvent the wheel and deliver auctions and art exhibitions to the living rooms of art enthusiasts.

With interest in NFTs and the metaverse accelerating at a supersonic rate, even Christie’s and Sotheby’s entered the space with conviction.

It is, therefore, of little surprise to see NFT enthusiasts launch  NFT projects in the metaverse.

Punk6529 Hits the Museum District with an Arts NFT Exhibition

Punk6529 Takes NFT Art To A New Level With OM Launch In The Metaverse

Overnight, Punk6529 took to Twitter to unveil OM, an open metaverse project that aims to hand control to the community.

An impressive video highlights the Museum District and the available spaces.

In total, 33 tweets laid out the foundations of OM.

NFTs and the Art World Laid the Foundations for Punk6529’s Museum District

Punk6529 Takes NFT Art To A New Level With OM Launch In The Metaverse

The relationship between the art world, NFTs, and the metaverse has blossomed in 2022. World-renowned auction houses, including Sotheby’s and Christie’s, have taken to the NFT space and the metaverse.

In 2021, Christie’s sold the most expensive NFT, EVERYDAYS: THE FIRST 5000 DAYS, for a whopping $69.3m. To date, Beeple’s first NFT remains the most expensive NFT ever sold. The artist behind EVERYDAYS also sold the second most expensive NFT, titled Human One, at Christie’s auction for $28.9m.

CryptoPunk NFTs have also fetched impressive sums via NFT marketplaces. CryptoPunk 4156 went for 2,500 ETH, equivalent to $10.2m at sale.

Such is the clamor for popular NFT collections, Sotheby’s held a live ‘Punk It! 104 CryptoPunks’ auction in February.

As art and the virtual world intertwine, the metaverse has become a hotbed for art enthusiasts. Art galleries have embraced the metaverse to deliver art to art enthusiasts.

For the likes of Christie’s and Sotheby’s, the OM project raises the bar and ushers in a new dawn for artists and art enthusiasts alike.

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.

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Annie

CoinCu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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