There is no doubt that the NFT space has performed exceptionally well this year. A recent Sotheby report proved this right as it indicated that the traditional auction house netted around $100 million from NFT auctions in 2021. Another traditional auction house, Christie’s has just announced via Twitter that the combination of all of its sales in the space…
Sotheby rakes $100 million profit from NFT auctions
While blockchain technology has been with us for the best part of the last decade, 2021 is unarguably the year that saw a widespread adoption of some of the use-cases of the technology like its use in crypto, non-fungible tokens (NFT) and even in decentralized finance (DeFi). One of the earliest traditional auction houses, Sotheby,…