Sotheby's to Add BTC and ETH to Payment Methods
You can pay for the cryptocurrency purchase from the next auction, which will exhibit a new masterpiece of the grandiose artist Banksy
The auction will take place on May 12. It will feature the painting "Love in the Air." Its price, judging by Sotheby's expectations, will be 3-5 million dollars. The payment will be made through Coinbase Commerce.
Representatives of the auction house commented on their decision. According to them, they united the hooligan-artist and cryptocurrencies, which forever changed the future of the traditional financial sector. To some extent, these two are legends destroyers.
It is worth noting that the main competitor Sotheby's (Christie's) is also experimenting with cryptocurrency. He recently sold NFT "Everyday", created by the famous Beeple. The payment was received at ETH. NFT Cryptopunks were also sold for ETH.
As we can see, blockchain and cryptocurrencies are taking over all new areas. Now the sale of collectibles and art objects is available for cryptocurrency. And that's great news!