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Sotheby's to Accept Ether in Live Bidding for Sale of Banksy's Works
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Sotheby’s auction house will be accepting Ethereum (ETH) cryptocurrency during live bidding for its upcoming virtual exhibition, where two of Banksy’s artworks will be up for sale.
The 277-year-old British auction house will be holding the auction on November 18 at its “headquarters” in Decentraland — a decentralised 3D virtual reality platform — making it the first to accept crypto as a form of payment for real-time auction physical artwork.
The auction, titled “The Now Evening Auction”, will
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