In Brief:
- On October 1, christies auctioned five artwork, which was generated by entrepreneur Vaynerchuk for his VeeFriends project.
- The live auction took place in New York
- NFT doodle called “Empathetic Elephant” brought the highest cost at Friday auction, selling for $412,500.
On Friday Christie’s auctioned five artworks, which were generated by entrepreneur Gary Vaynerchuk for his VeeFriends NFT collection.
According to the announcement the price tag? Just over $1.2 Million.
“It feels like an out-of-body-expereince,” Vaynerchuk told CNBC. “I view myself as a very creative and artistic person, but this is way bigger than me… It represents a paradigm shift and the consumer is intrigued.”
The VeeFriend assortment is involved 10,255 character nonfungible tokens accessible for purchase via the cryptocurrency ETH. Every token incorporates a “savvy contract” with metadata that Vaynerchuk can use to cooperate with its purchasers. Tokens holders additionally will be given select to yearly business occasion called VeeCon for 3 years after NFT’s purchase.
Vaynerchuk’s NFT doodle called “Empathetic Elephant” brought the highest cost at Friday auction, selling for $412,500. The most reduced was designated “Precious stone Hands,” and went for $162,500.
“I grew up with collectibles, antiques, and sportscards,” Vaynerchuk said. “My mom and dad were into that stuff too, and they would have been intimidated even walking into Christie’s two decades ago and now their son is selling stuff in it… It’s the American dream.”
Christie’s auction house facilitated a live auction called “Present War to Present” that included a few notable NFT projects. The live auction took place in New York City. The actual VeeFriends artwork was featured along with a full arrangement of Curio Cards and sets 1-3 of Art Blocks curated in Christie. Curio card, which is normally seen as primary digital art collectible on the Ethereum blockchain, got $1.2 million.
In the previous month, The christie auction house stage an auction of Art Blocks curated NFTs with live bidding in ETH.
