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​Sotheby's Plans To Hold Its First NFT Auction Next Month

Mary Liu

Summary: Sotheby's, a luxury auction house plans to hold its first NFT auction next month. The NFT series named "The Cheap" by famous artist PAK. The exact date of the auction has not yet been announced. Sotheby's, which was founded in London, England, and currently headquartered in New York, is known for auctioning works of art and cultural ...

Sotheby's, a luxury auction house plans to hold its first NFT auction next month. The NFT series named "The Cheap" by famous artist PAK. The exact date of the auction has not yet been announced.

Sotheby's, which was founded in London, England, and currently headquartered in New York, is known for auctioning works of art and cultural relics, as well as an important competitor of Christie's. 

In an interview with CNBC's Squawk Box, Sotheby’s CEO Charles Stewart said that the auction house wanted their first NFT auction to feature artworks by a well-known artist. 

By Mary Liu

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