Christie’s Hong Kong is Auctioning Off Rare Digital Art Assets
Laura McQuarrie — August 12, 2021 — Pop Culture
References: twitter & designtaxi
No Time Like Present is the name of an upcoming auction from Christie’s Hong Kong that introduces the first NFT sale in Asia offered by an international auction house, and the items that will be up for grabs are profile picture NFTs. Collectors of digital assets will be able to bid for unique items like CryptoPunks, Meebits and apes by Bored Ape Yacht Club. Some of the unique assets that will be up for sale are rarer than others, so users have the chance to claim dynamic pieces of digital art for their growing collection.
The auction, scheduled for mid-September, represents more than just owning a piece of digital art. As the auction house describes, "You’re not simply buying an avatar or a provably rare piece of art. You are gaining membership access to a club whose benefits and offerings will increase over time."
The auction, scheduled for mid-September, represents more than just owning a piece of digital art. As the auction house describes, "You’re not simply buying an avatar or a provably rare piece of art. You are gaining membership access to a club whose benefits and offerings will increase over time."
Trend Themes
1. Profile-picture Nfts - The trend of selling profile-picture NFTs offers possibilities for collectors and digital artists to monetize their work.
2. Membership NFT Collectibles - The trend of membership NFT collectibles presents opportunities for digital creators to offer exclusive access to online communities.
3. Rare Digital Assets Auctions - The trend of auctioning rare digital assets offers investors and collectors unique investment opportunities.
Industry Implications
1. Art Collecting - The art collecting industry has the opportunity to expand into the digital realm with the rise of NFTs.
2. Digital Membership Services - The digital membership services industry can adapt to the trend of membership NFT collectibles by offering unique digital benefits to customers.
3. Cryptocurrency Investment - The cryptocurrency investment industry can further diversify its portfolio with the inclusion of rare digital assets auctioned as NFTs.
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