Beginnings, the inaugural sale on its Cryptonative NFT platform


DGAP-News: artnet AG / Keyword (s): Cryptocurrency / Blockchain / Product launch
15.12.2021 / 08:45
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Artnet announces the launch of ArtNFT: The beginnings, the inaugural sale of its Cryptonative NFT platform

Fully Integrated, On-Chain, Ethereum Compatible NFT Sale To Launch On December 15, 2021

– A curated range of ultra-rare and early NFTs to present, including Ponderware’s Moon cat # 21, by Kevin McCoy Quantum leap, and the spells of Genesis’ Satoshi Card

– Announcement of Artnet’s highly experienced crypto-native NFT advisory board

– Lowest purchase costs in the art market: 10% lump sum purchase premiums for all NFT sales

Berlin / New York, December 15, 2021 – artnet AG, the leading online art marketplace, art market data and analytics provider and global newswire, is pleased to announce ArtNFT, the highly anticipated launch by the company of its on-chain NFT platform. Its inaugural sale- ArtNFT: The beginnings– will go live for tender on December 15, 2021 and feature historic works from the NFT space, including: ultra-rare early NFTs such as Ponderware’s Moon cat # 21, by Kevin McCoy Quantum leap, and the spells of Genesis’ Satoshi Card. As a fully integrated, Ethereum-enabled on-chain platform, ArtNFT is the first to provide collectors with a seamless, efficient, reliable and digitally native experience with NFTs. With a buyer’s premium of only 10%, Artnet is establishing itself as the most profitable organized NFT auction platform in the traditional art market.

“Artnet has spent the past few months listening to and learning from the amazing NFT and crypto communities,” said Colleen Cash, vice president of auctions. “We have set ourselves the goal of entering space in the most authentic way possible, and we are proud to say that we will be the first player in the art world to launch a native crypto auction as soon as possible. departure. We’ve built a platform that will speak meaningfully. to the ethics of the NFT community and which will also be familiar and welcoming to our traditional communities. “

In order to provide the best artwork and the best possible user experience, artnet has also established an NFT Advisory Board, made up of industry experts and market and opinion leaders in the field. NFT’s advisory board includes Colborn Bell, Tim Cang, Nifty Naught, Claire Silver, Michael Ugwu, TokenAngels, and The Beauty and the Punk.

With the simultaneous release of ArtNFT platform, the Artnet NFT 30 report, and by supporting interviews with key players, Artnet is on its way to becoming a destination for artists, collectors and NFT professionals – pursuing Artnet’s ethos of spearheading transparency, innovation and positive change for the art industry. “The NFT world has built a multi-faceted community, and we are delighted to present to you ArtNFT as a space to discover and interact with these cutting-edge works. With this launch, we combine the global reach, knowledge and expert curation of artnet to deliver an integrated experience to the digital art world, ”explained Jacob Pabst, CEO of Artnet.

artnet is a pioneer in the digital art market and was the first company to offer online art sales. Today, artnet Auctions holds over 70 organized auctions annually, showcasing a range of coveted post-war and contemporary paintings, sculptures, prints and photographs. It offers collectors strategic buying and selling opportunities throughout the year. By the end of August, the value of transactions sold on artnet Auctions had increased 20% year-on-year to $ 18.5 million, and revenue increased 15% to $ 3.6 million. ArtNFT has the potential to grow exponentially and lead to significantly accelerated growth at Artnet as early as 2022.

Click to discover and browse Artnet’s ArtNFT platform: https://www.nft.artnet.com/

Other investor relations news and publications are available here:
http://www.artnet.com/investor-relations/

About artnet

Artnet has an unprecedented 60 million unique users annually, making it the world’s largest platform for fine arts. Founded in 1989, Artnet revolutionized the way people discover, research and collect art today. Artnet data is an essential resource to the industry’s mission, with a database of over 15 million auction results and AI and ML-based analytics delivering an unparalleled level of transparency and understanding of the art market. The Artnet Marketplace connects the major galleries and auction houses to the global artnet audience, offering a selection of over 250,000 works of art for sale around the world. Artnet Auctions, the pioneering online-only auction platform, offers unprecedented reach, liquidity and efficiency. Artnet News covers the events, trends and people shaping the global art market with up-to-the-minute analysis and expert commentary. It is the dominant content provider in the fine arts industry, with an unprecedented, rapidly growing and dedicated audience. Together, artnet’s vast product offering provides a complete ecosystem that drives and informs the modern art market.

Artnet AG is listed on the Prime Standard of the Frankfurt Stock Exchange, the segment with the highest transparency standards. The majority of operations are managed by its wholly owned subsidiary, Artnet Worldwide Corporation, a New York-based entity founded in 1989. Artnet Worldwide Corp. has a London-based subsidiary, Artnet UK Ltd.

ISIN: DE000A1K0375

LEI: 391200SHGPEDTRIC0X31

Contact:
Sophie Neuendorf
[email protected]

Contact:
Sophie Neuendorf
Vice president

12.15.2021 Distribution of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
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