Web3 is going just great [English] - Latest Sotheby's NFT sale is decidedly tepid
- 25 mars -

Despite Sotheby's estimates that the most popular piece in the "Oddly Satisfying" NFT collection would sell for €70,000–€100,000 ($75,500–$108,000), the "Eternity" NFT attained a highest bid of only €50,800 ($54,600). Altogether the full collection brought in $316,000, with 60% of the NFTs going for less than Sotheby's estimates. This is a marked change from the barn burner NFT sales at Sotheby's in 2021, including one in which a CryptoPunks NFT sold for $11.8 million.
It seems perhaps even Sotheby's prestige is not sufficient to overcome the NFT downturn.
par Molly White
Web3 is going just great [English]
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