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 during this year is $150 million.
Christie’s net $150 million in NFT sales
Per available information, two particular Beeple artworks, the EVERYDAY series and HUMAN ONE, accounted for the bulk of all sales. The EVERYDAY series gathered much acclaim and sold for $69 million in March. The other NFT, HUMAN ONE, was sold for $29 million in November.
From the aforementioned, one can easily deduce that these huge sales were because of the massive interest that the space has received this year, particularly from wealthy individuals and institutional investors. With such massive sales recorded by the auction house, it sheds light on
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