The new marketplace allows prestigious auction houses to conduct auctions and sales on the Ethereum blockchain from start to finish. Following a series of successful high-value nonfungible token (NFT) sales, Christie's launched its own dedicated NFT on-chain auction platform. , allowing auctions to run entirely on-chain on the Ethereum network.
The 256-year-old British auction giant, which is the world's second-largest auction house by fine-art auction revenue, said its Christie's 3.0 allows NFT auctions to be conducted entirely on the ETH network from start to finish.
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