Two Banksy paintings, sold through Sotheby’s, have been bought with Ethereum.
The pieces, “Trolley Hunters” and “Love Is In The Air”, sold for 1,696 ETH ($6,698,400) and 1,397 ETH ($8,077,200).
Sotheby’s has been accepting crypto payments since May 2021, but this was the first time Ether had been used as payment at the British-American auction house.
While contemporary artists like Banksy remain in demand in auction houses like Sotheby’s and Christie’s, there has been a clear push for NFTs as demonstrated by the launch of Sotheby’s ‘Metaverse’ platform which the auction house describes as “an immersive destination for collectors of digital art, offering a curated selection of NFTs”.
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